Dra Advisors Llc
- Regulatory AUM
- $14.4B
- Discretionary
- $14.4B
- Clients
- 21
- Avg AUM / client
- $687M
- Accounts
- 21
- Employees
- 99
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 21 | $14.4B | 100.0% |
Private funds (15)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $15.5B combined gross assets
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Southern California Ufcw Unions And Food Employers Joint Pension Trust Fund Board Of Trustees, So Ca Ufcw Unions & Food Employers | 2024 | |
| Unite Here Local 25 And Hotel Association Of Washington, Dc Pension Plan Board Of Trustees Htl. & Rest. Emp. Lo.25&Htl Assn | 2024 | |
| Kaleida Health Pension Growth Plan Kaleida Health Corporate Benefits | 2024 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Luski, David | President | Jun 1994 (32y) | ≈ 0% – 5% via Dra Advisors, Inc. | |
| Apruzzese, Jean, Marie | Chief Operating Officer | Jun 2004 (22y) | Less than 5% | |
| Gray, David, Patrick | Chief Compliance Officer | Mar 2015 (11y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Dra Holdings Llc | Member | Jan 2003 | A | 75% or more |
| Dra Advisors, Inc. | Managing Member | Jan 2003 | A | Less than 5% |
| Dra Advisors, Inc. | Managing Member | Jan 2003 | B | ≈ 56.25% – 100% via Dra Holdings Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Luski, David: 75% – 100% of Dra Advisors, Inc. × 0% – 5% direct ≈ 0% – 5% of the firm
- Dra Advisors, Inc.: 75% – 100% of Dra Holdings Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (15, $15.5B gross assets)
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Southern California Ufcw Unions And Food Employers Joint Pension Trust Fund | Board Of Trustees, So Ca Ufcw Unions & Food Employers | 55,507 | $6.5B | 04/01/2024 |
| Unite Here Local 25 And Hotel Association Of Washington, Dc Pension Plan | Board Of Trustees Htl. & Rest. Emp. Lo.25&Htl Assn | 5,768 | $357M | 01/01/2024 |
| Kaleida Health Pension Growth Plan | Kaleida Health Corporate Benefits | 5,918 | $852M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 4.11 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • REAL ESTATE TRANSACTION FEES
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗