{"url":"https://nivawealth.com/firms/yon-drake-and-associates-111491","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111491","regulatoryAum":304704711,"crd":"111491","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1201321","suffix":null,"lastName":"DRAKE","firstName":"MICHAEL","middleName":"CHARLES"},{"crd":"1084982","suffix":null,"lastName":"YON","firstName":"DAVID","middleName":"ARTHUR"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-31","regulatoryAum":1200227846,"clients":8,"employees":4,"offices":1},{"filedOn":"2022-03-31","regulatoryAum":631096723,"clients":10,"employees":3,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":529514914,"clients":9,"employees":3,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":261874476,"clients":0,"employees":2,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":281321319,"clients":0,"employees":2,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":304704711,"clients":0,"employees":2,"offices":1}],"secFileNumber":"801-49757","legalName":"Yon Drake & Associates Inc","displayName":"Yon Drake & Associates","slug":"yon-drake-and-associates-111491","website":"https://yondrake.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_consultant","typeLabel":"Consultant","feeDisclosure":"payment_only"},"founded":null,"organization":"South Carolina corporation","fiscalYearEnd":"December","headquarters":{"street":"1225 Pickens Street","city":"Columbia","state":"SC","stateName":"South Carolina","country":"United States","postalCode":"29201"},"tradeNames":[],"registration":{"secApproved":"27 July 1995","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":304704711,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":304704711,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":285688526},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":19016185}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Yon Drake & Associates does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Drake","title":"President/Secretary/Chief Compliance Officer","crd":"1201321"},{"name":"David Yon","title":"Chairman and Treasurer","crd":"1084982"}],"ownership":[{"label":"Michael Drake","detail":"President/secretary/chief compliance officer in the 50% to 75% ownership band and a control person, since January 1984."},{"label":"David Yon","detail":"Chairman and treasurer in the 50% to 75% ownership band and a control person, since January 1984."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"South Carolina","offices":1,"addresses":[{"street":"1225 Pickens Street","city":"Columbia","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"803256121229","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"U.S. government/agency bonds","percent":78},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":11}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111491/PDF/111491.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"What services does Yon Drake & Associates offer?","answer":"Yon Drake & Associates provides pension consulting and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Yon Drake & Associates have?","answer":"Yon Drake & Associates has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Yon Drake & Associates invest in?","answer":"At the end of its last fiscal year, Yon Drake & Associates’ separately managed accounts held 78% U.S. government and agency bonds, 11% pooled vehicles (private funds and similar), 6% exchange-traded equities and 5% registered funds (mutual funds, ETFs, BDCs).","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Yon Drake & Associates?","answer":"Yon Drake & Associates’ direct owners are Michael Drake (50% to 75%) and David Yon (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Yon Drake & Associates get paid?","answer":"Yon Drake & Associates is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Yon Drake & Associates?","answer":"Yon Drake & Associates’ main office is at 1225 Pickens Street, Columbia, SC 29201. Its phone number is 803256121229. Its website is yondrake.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}