DRAKE ASSET MANAGEMENT LLC  

Drake Asset Management (“Drake”) manages from its office in Brookville, Long Island, investments for high net-worth investors, institutions, investment partnerships and the Grace family.  It is active in global money management of public and private investments.

Financial Services

Drake has been an active investor in savings banks since the 1987.  The financial sector has undergone changes in regulatory areas, tax legislation and consumer demand.  These structural changes have lead to an increased number of consolidations and to the conversion of numerous mutual savings banks into stock companies.