Firm
Droms Strauss Wealth Management
St. Louis, Missouri
Fee-only
Droms Strauss Wealth Management at a glance
- One of 136 fee-only firms based in Missouri in the Wellspent graph.
- 5 advisors are listed here; 2 of 5 hold the CFP.
- Its Form ADV reports 8 employees and 412 individual clients, 192 of them high net worth.
- Its average account is about $640,000 (assets it manages divided by its 1,260 accounts).
Fee-only advisors in Missouri · What fee-only advisors charge in Missouri
Facts
| Based in | St. Louis, Missouri |
|---|---|
| Website | droms-strauss.com |
| [email protected] | |
| Phone | (314) 862-9100 |
Droms Strauss Wealth Management fees
Droms Strauss Wealth Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $806 million |
| Individual clients | 220 |
| High-net-worth clients | 192 |
| Accounts managed | 1,260 |
| Employees | 8 |
| Planning clients | 51-100 |
| Registered with | The SEC (801-55207) |
| Financial planning | Offered |
| Form ADV filed | March 17, 2026 |
| SEC record | CRD 108620 |