Draughn Partners, Inc. (Savannah)

Draughn Partners, Inc. is a large advisory firm based in Savannah. It manages $145.23 million of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Florida, Georgia, Louisiana, and 3 other states.

Draughn Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Draughn Partners: assets under management

The assets under management (AUM) of Draughn Partners, Inc. is $145.23 million. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $143.58 million in discretionary accounts and $1.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.18 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $275 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Draughn Partners, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Draughn Partners, Inc.

Clifford Weldon Draughn has been acting as President since 1 Mar 2003. Mark Anthony Moore joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Jeffrey Livingston	Vice president	1 Jan 2003	Other	2431694
Clifford Weldon Draughn	President	1 Mar 2003	75% - 100%	1042780
Kenneth Jeffrey Livingston	Principal	1 Mar 2003	Other	2431694
Jan Charleen Jackson	Associate/secretary	1 Mar 2003	Other	2709150
Shirley Boyd Winters	Associate	1 Jul 2003	Other	4900838
Mark Anthony Moore	Principal	1 Jan 2004	Other	1369609

Based in Savannah

The principal office where Draughn Partners, Inc. performs its advisory services is located at 15 Lake St., Savannah, GA 31411, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.