DR
Drake A. Reid
CARRERA CAPITAL ADVISORS
Troy, MI 48084-5611
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CRD#: 7553626
DR
Professional summary
Drake Alexander Reid is a registered financial advisor currently at CARRERA CAPITAL ADVISORS located in Troy, Michigan.
Drake is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2025. Drake has worked at 1 firm and has passed the Series 65 and SIE exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Worklife Benefit Consultants as a Sales Consultant starting in January of 2025. Worklife Benefits Consultants is investment-related as the company acts as a broker in providing health insurance and voluntary benefits to businesses. Address 901 Wilshire Dr, Suite 455 Troy, MI 48084. I devote 20 hours/week (roughly 80 per month) to the business, typically 4 hours/day. My duties include: lead generation, benefit consultation, and enrollment of employees into benefits. Contracted through AmFirst Insurance Company as a Producer starting in October of 2025. AmFirst Insurance Company is investment-related as the company acts as a broker in providing health insurance and voluntary benefits to businesses. HQ Address is Bank of Oklahoma Plaza, 201 Robert S Kerr Ave STE 600, Oklahoma City, OK 73102. I devote 4 hours/week to the business, as this contract is for a specific product and client. My duties include: insurance sales, benefit consultation, and enrollment of employees into benefits. ?the name of the other business: THG Financial Strategies ?whether the business is investment-related: Yes ?the address of the other business; 901 Wilshire Drive, Suite 455 Troy, MI 48084 ?the nature of the other business; THG Financial Strategies brokers and implements Individual Life Insurance, Annuities, Long-Term Care, as well as securities ?your position; Financial Services Professional ?title, or relationship with the other business; Contracted Agent ?the start date of your relationship; Feb. 1st 2024 ?the approximate number of hours/month you devote to the other business; 10 hours/week or 40 hours/month ?the number of hours you devote to the other business during securities trading hours; 2 hours ?and briefly describe your duties relating to the other business: In my duties I look to implement insurance solutions in a fiduciary capacity based upon the individual client's suitability and financial position.
CRS (Client Relationship Summary) - RIA
Click below to view Drake Alexander Reid's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
January 23, 2025 - Present
CARRERA CAPITAL ADVISORS
Office #1: 901 Wilshire Drive Suite 565, Troy, MI 48084-5611RIA
CRD#: 330834
Troy, MI
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CC
CARRERA CAPITAL ADVISORS
CARRERA CAPITAL ADVISORS | MKJ COMPANY, LLC | CARRERA CAPITAL ADVISORS, LLC
CRD#: 330834 / SEC#: 801-130197
RIA
Registered Investment Advisory firm - (5/13/2024 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Michigan(1/23/2025)
Exams
State Security Law Exam
General Industry/Product Exam
Current Firm
CC
CARRERA CAPITAL ADVISORS
CARRERA CAPITAL ADVISORS | MKJ COMPANY, LLC | CARRERA CAPITAL ADVISORS, LLC
CRD#: 330834 / SEC#: 801-130197
RIA
Registered Investment Advisory firm - (5/13/2024 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
901 Wilshire Drive Suite 565, Troy, MI 48084-5611
Mailing Address
Phone number
(248) 362-5009
Established
Firm type
Fiscal year end
# of Employees
13
SEC notice filing (14 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 1,461 |
| AUM (Assets Under Management) | $ 647,652,930 |
Red Flags
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