At Prescott Private Wealth, Inc. we believe that knowledge is power.  It is also the foundation for intelligent, well-considered decisions.  As financial professionals, we are committed to providing you with guidance that can help you understand and better define your financial goals.  We work hard to create a mutually beneficial and respected, long-term relationship with our clients and their families.  Once we understand your risk tolerance, time horizon and goals, we will work diligently to develop a program that seeking to carefully balances investment strategies with preserving principal.

Whether you have significant assets to manage, or if you are just starting to accumulate wealth, we have the tools and background to provide the services that can fit your needs.  As members of the local community for several years, we take pride in the fact that we can help people pursue the type of financial future they dreamed about.


Drew Prescott

President / Wealth Advisor

Drew entered into financial services in 2005 as a Life Insurance agent with Northwestern Mutual. After quickly growing his insurance book of business he added securities to his practice in 2006. In 2010 Drew took on the role as Training and Developement of new and experienced representatives while working with Guardian Life Insurance Company out of New Hampshire.

In 2011 Drew was recruited to become Senior Vice President of Wealth Advisory Group, LLC in Manhattan. During Drew's time with Wealth Advisory Group, LLC a general Agency of Guardian Life Insurance Company and Park Avenue Securities.

Drew decided in 2013 that his clients would be best served if Drew were to align himself with an Independent Broker / Dealer. That decision birthed Collar City Financial Strategies whom has chosen to strategically align itself with LPL Financial as their Broker/Dealer which provides Research, Compliance, and Clearing functions.

Drew is trained in Insurance designs, designing financial Plans in addition too trading and designing Investment portfolios.

Stacey Prescott

Administrative Assistant

Stacey entered into the Financial services industry in 2016 as an Administrative Assistant to Drew Prescott.

Stacey quickly displayed her value as she played a critical role in the office by coordinating a plan to convert Collar City Financial Strategies book of business to LPL Financial in our Broker-Dealer transition which started in November of 2016.

Through her time with Collar City Financial Strategies, Stacey has earned her Specialists Degree through the Administrative University of LPL Financial and is working on her Administrative Degree through the LPL Financial training program.

Stacey is a graduate of Russell Sage College in Troy, New York where she has earned her Bachelors of Arts and Psychology and a Masters of Science and Education. This background gives Stacey a unique perspective on how to address processes between the office and our clients.

Prior to starting with Collar City Financial Strategies, Stacey worked with children whom have developmental delays and their families by developing individualized therapy plans to help children reach age appropriate milestones. Her work took her throughout various counties in the Capital District.

Stacey resides in Troy with her husband of 15 years Drew Prescott and their children Parker, Chloe and Natalie.




Dana Branham

Client Service Consultant


Dana Branham is a Client Service Consultant at LPL Financial. She partners with advisors to provide support on administrative tasks and client management functions. Dana is a former LPL financial advisor who recently sold her practice to take a new direction within financial services. During her 12-year tenure as an advisor, she enjoyed educating clients and the community in an effort to increase financial literacy and promote financial security for all. She is excited about this new adventure at LPL and looks forward to supporting advisors in their practices.



Dana is a native of Kentucky. Yes, she has been to the Derby, but no, she is not a basketball fan. ;) She’s an active member of Alpha Kappa Alpha Sorority, Inc. and enjoys reading, shopping, and dancing.