Data sourced from SEC Form ADV filed April 16, 2026
Overview
Headquarters
Ridgeland, MS
Total Firm Assets
$157 million
Average High-Net-Worth Client Portfolio Size
$4.5 million
Stated Minimum Account Size
$50,000
Fee Disclosure
Source: DAVENPORT WATTS DRAKE FORM ADV PART 2A 2026 (2026-04-16)
· View brochure text Latest filing: DAVENPORT WATTS DRAKE FORM ADV PART 2B 2026 (2026-04-16)
· View brochure text
Min
Max
Disclosed Annual Rate
$0
$1,000,000
1.00%
$1,000,001
and above
0.75%
Estimated Annual Advisory Fees
Portfolio Value
Estimated Annual Fee
Effective Fee Rate
$1 million
$10,000
1.00%
$5 million
$40,000
0.80%
$10 million
$77,500
0.78%
$50 million
$377,500
0.76%
$100 million
$752,500
0.75%
Actual fees may vary; other investment costs may apply.
Clients
High-Net-Worth Share of Firm Assets
75.20%
Number of High-Net-Worth Clients
26
Total Client Accounts
355
Discretionary Accounts
355
Services Offered
Services:
Financial Planning, Portfolio Management for Individuals
Regulatory Filings
SEC CRD Number
127506
DAVENPORT WATTS DRAKE FORM ADV PART 2A 2026 (2026-04-16)
(fee schedule source)
· View brochure text
DAVENPORT WATTS DRAKE FORM ADV PART 2B 2026 (2026-04-16)
· View brochure text
Davenport Watts & Drake Investment Advisors, LLC's Form ADV discloses 1.00% on the first $1 million and 0.75% on assets above $1 million. See complete fee breakdown ↓
Yes. As an SEC-registered investment advisor (CRD #127506), Davenport Watts & Drake Investment Advisors, LLC is subject to fiduciary duty under federal law.
Davenport Watts & Drake Investment Advisors, LLC is headquartered in RIDGELAND, MS.
Davenport Watts & Drake Investment Advisors, LLC serves 26 high-net-worth clients according to their SEC filing dated April 16, 2026. View client details ↓
According to their SEC Form ADV, Davenport Watts & Drake Investment Advisors, LLC offers financial planning and portfolio management for individuals. View all service details ↓
Davenport Watts & Drake Investment Advisors, LLC manages $157 million in client assets according to their SEC filing dated April 16, 2026.
According to their SEC Form ADV, Davenport Watts & Drake Investment Advisors, LLC serves high-net-worth individuals. View client details ↓