(804) 282-1238 info@cwealthra.com

About Us

Our Story

In 1983, James Drake founded the practice we now know as Commonwealth Retirement Advisors. He specialized in retirement planning for public employees. In 2001, Ryan Drake joined his father to expand the financial planning capabilities of the practice. In 2011, David Monday joined the practice having retired as a senior executive at one of America’s largest investment firms. In 2017, Commonwealth Retirement Investments LLC, a Richmond based investment firm was formed. Today we are focused on helping those in and near retirement grow their income and preserve their nest egg.

Meet The TeamOur Principles


(804) 282-1238


Our Business Is Retirement

We are a Richmond headquartered advisory firm focused exclusively on those in and planning for retirement.  As retirement specialists, we work to help our clients make wise retirement decisions, and then, grow and protect their retirement income.

+ Years Of Combined Experience


Retirement Focused

A Word From Our President

“Today, retirement can last 30 years or more. You worked hard to retire. We work hard to keep you retired.”

– Ryan P. Drake


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Retired or Planning to Retire Soon? Why Are The Headlines So Scary?

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It’s hard to fight genetics. For millions of years, our ancestors roamed the savannahs, searching for food and trying to stay alive. Humans learned that if we miss a potential meal, there will be another opportunity. But miss a lion, swishing his tail in the grass, and you may be the meal. Its baked into your biology, you are more likely to react to danger than opportunity.

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9 Investment Pitfalls

9 Investment Pitfalls

The financial markets reached record highs in 2017, reflecting a growing economy. Complex weather events and political and global developments emerged, making the environment challenging for investors to navigate. Experience has taught us that successful investing requires discipline and patience. A long-term investment focus can help when emotions run high.

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