# David Rae

> David Rae is a fee-only financial advisor at DRM Wealth Management LLC in Los Angeles, California, who holds the CFP credential. DRM Wealth Management LLC reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/david-rae/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** DRM Wealth Management LLC
- **Based in:** Los Angeles, California
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $109.5M across 357 accounts
- **Credentials:** CFP
- **CRD:** 4630789 (https://adviserinfo.sec.gov/individual/summary/4630789)
- **SEC registration:** Investment adviser representative in CA, TX
- **Exams passed:** Series 63 (2003), Series 66 (2004)
- **Firm size:** 2 employees
- **Disclosures:** Reported; see the SEC record
- **Website:** http://davidraefp.com

## Frequently asked questions

### Is David Rae a fee-only financial advisor?

Yes. David Rae is listed in the XY Planning Network directory (XYPN members are fee-only). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by David's firm.

### How does David charge for financial advice?

David's firm, DRM Wealth Management LLC, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is David Rae based?

David Rae is based in Los Angeles, California.

### What credentials does David Rae hold?

David Rae holds the CFP credential.

### Is David Rae registered with the SEC?

Yes. David Rae is registered as an investment adviser representative in CA and TX (CRD 4630789), per SEC Investment Adviser Public Disclosure data as of October 27, 2026. The record lists disclosures; see the SEC record for details.

### How much does DRM Wealth Management LLC manage?

DRM Wealth Management LLC reports $109.5M across 357 accounts in assets under management.

### How do I contact David Rae?

Through David's website, davidraefp.com.

## Sources

- XY Planning Network directory listing (https://www.xyplanningnetwork.com/find-an-advisor/david-rae-10536): XYPN members are fee-only
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.