Overview

Headquarters
St. Louis, MO
Total Firm Assets
$806 million
Average High-Net-Worth Client Portfolio Size
$3.8 million
Stated Minimum Account Size
$500,000

Fee Disclosure

Source: THE DROMS STRAUSS WEALTH MANAGEMENT 2026 ANNUAL AMEND BROCHURE (2026-03-17) · View brochure text

MinMaxDisclosed Annual Rate
$0 $500,000 1.00%
$500,001 $1,000,000 0.90%
$1,000,001 $2,000,000 0.75%
$2,000,001 $5,000,000 0.60%
$5,000,001 $10,000,000 0.40%
$10,000,001 and above 0.25%

Stated Minimum Annual Fee: $4,000

Estimated Annual Advisory Fees
Portfolio ValueEstimated Annual FeeEffective Fee Rate
$1 million $9,500 0.95%
$5 million $35,000 0.70%
$10 million $55,000 0.55%
$50 million $155,000 0.31%
$100 million $280,000 0.28%

Actual fees may vary; other investment costs may apply.

Clients

High-Net-Worth Share of Firm Assets
89.73%
Number of High-Net-Worth Clients
192
Total Client Accounts
1,260
Discretionary Accounts
1,243
Non-Discretionary Accounts
17

Services Offered

Services: Financial Planning, Portfolio Management for Individuals, Pension Consulting, Investment Advisor Selection

Regulatory Filings

SEC CRD Number
108620
  • THE DROMS STRAUSS WEALTH MANAGEMENT 2026 ANNUAL AMEND BROCHURE (2026-03-17) (fee schedule source) · View brochure text

View firm on SEC ↗ · Current Form ADV (PDF) ↗

Frequently Asked Questions