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Advisor

Michael Murphy

Droms Strauss Wealth Management · St. Louis, Missouri

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.

Percentage of assets Fee-only

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Facts

FirmDroms Strauss Wealth Management
Based in St. Louis, Missouri
Fee model (firm's Form ADV)Percentage of assets
Assets under management$806.3M across 1,260 accounts
SEC registration Investment adviser representative in MO · CRD 2693677
Exams passedSeries 63 (1996) · Series 65 (2010) · Series 66 (2000)
Firm size8 employees
Disclosures None reported
Websitewww.droms-strauss.com

How Michael's firm compares

  • Droms Strauss Wealth Management's average account is about $640,000, from its Form ADV (assets managed divided by 1,260 accounts).

What fee-only advisors charge in Missouri

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Questions about Michael

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.

What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms

Other fee-only advisors in St. Louis

Where this information comes from

  • SEC adviser records : 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 : registration, exams, and the firm's Form ADV, data as of October 29, 2026
  • Directory listing last checked October 30, 2026.

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