# Michael Murphy

> Michael Murphy is a fee-only financial advisor at Droms Strauss Wealth Management in St. Louis, Missouri. Droms Strauss Wealth Management reports charging a percentage of assets on its Form ADV.

Page: https://find.wellspent.co/advisors/michael-murphy/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Droms Strauss Wealth Management
- **Based in:** St. Louis, Missouri
- **Fee model (firm's Form ADV):** Percentage of assets
- **Assets under management (firm):** $806.3M across 1,260 accounts
- **CRD:** 2693677 (https://adviserinfo.sec.gov/individual/summary/2693677)
- **SEC registration:** Investment adviser representative in MO
- **Exams passed:** Series 63 (1996), Series 65 (2010), Series 66 (2000)
- **Firm size:** 8 employees
- **Disclosures:** None reported
- **Website:** http://www.droms-strauss.com

## Frequently asked questions

### Is Michael Murphy a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Droms Strauss Wealth Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Michael charge for financial advice?

Michael's firm, Droms Strauss Wealth Management, reports charging a percentage of assets on its SEC Form ADV.

### Where is Michael Murphy based?

Michael Murphy is based in St. Louis, Missouri.

### Is Michael Murphy registered with the SEC?

Yes. Michael Murphy is registered as an investment adviser representative in MO (CRD 2693677), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Droms Strauss Wealth Management manage?

Droms Strauss Wealth Management reports $806.3M across 1,260 accounts in assets under management.

### How do I contact Michael Murphy?

Through Michael's website, www.droms-strauss.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/2693677): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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