Davenport Watts & Drake

At Davenport Watts & Drake Investment Advisors, LLC, our goal is to provide financial peace of mind for our clients. We appreciate the confidence you show in us and thank you for your trust. Our team of experienced investment professionals is dedicated to helping individuals, families, and businesses make informed decisions about their financial futures.

Our Philosophy

As a fee-only financial services firm, we are committed to providing objective, unbiased advice. We believe that our clients' best interests should always come first, and we strive to build long-term relationships based on trust, integrity, and mutual respect. Our investment philosophy is centered on the core strategies of asset allocation, asset diversification, and periodic rebalancing, with a long-term perspective and a focus on minimizing income taxes.

Our History

Founded in 1989, Davenport Watts & Drake Investment Advisors, LLC has a long history of providing investment management and financial consulting services to clients. Over the years, we have earned a reputation for excellence, based on our commitment to client satisfaction and our dedication to delivering consistent, long-term results.

Our Team

Our team of experienced investment professionals includes Tom S. (Sonny) Davenport, Henry M. (Hank) Drake Jr. CPA/PFS*, Ellen McCool Hazlewood, Linda Estes, Suzie Webb, and Shelia Willis. With a diverse range of skills, knowledge, and experience, we are able to provide our clients with a comprehensive suite of financial services tailored to their unique needs and objectives.

Our Services

At Davenport Watts & Drake Investment Advisors, LLC, we offer a wide range of services designed to help our clients build and protect their wealth. These services include:

• Asset Management: We manage the assets of our clients using the core strategies of asset allocation, asset diversification, and periodic rebalancing, with a long-term perspective and a focus on minimizing income taxes.

• Retirement Plans: We manage individual retirement accounts and advise individuals how best to save for retirement. We also assist employers in providing the best retirement benefits for their employees.

• Financial Planning: Our team works with both individuals and businesses to develop comprehensive financial plans. These plans seek to inventory financial information, develop clearly defined objectives, and provide recommendations on how to reach those objectives.

• Investment Custodians: We use reputable investment custodians such as Fidelity Investments, John Hancock, and Empower to safeguard our clients' assets.

Our Investment Strategies

Our investment strategies are designed to help our clients achieve their financial goals, while managing risk and minimizing taxes. These strategies include:

• Asset Allocation: We diversify our clients' investments across different asset classes to help reduce risk and maximize returns.

• Asset Diversification: We balance our clients' investments across different sectors, industries, and geographic regions to help reduce risk and enhance returns.

• Periodic Rebalancing: We regularly review and adjust our clients' investments to ensure they remain aligned with their goals and risk tolerance.

• Long-Term Perspective: We focus on the long-term performance of our clients' investments, rather than trying to time the market.

• Minimize Income Taxes: We manage our clients' investments in a tax-efficient manner to help minimize income taxes and maximize after-tax returns.