Fee-only adviser · St. Louis, MO
Droms Strauss Wealth Management
Droms Strauss Wealth Management is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in St. Louis, Missouri. On its latest Form ADV, filed March 17, 2026, it reports $806M in regulatory assets under management, 412 individual clients and 5 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 108620 · SEC file 801-55207 |
| Office | 501 N Lindbergh Boulevard St. Louis, MO 63141 |
| Phone | (314) 862-9100 |
| Website | www.droms-strauss.com |
| Regulatory assets under management | $806M ($789M discretionary) |
| Individual clients | 220 non-high-net-worth, 192 high-net-worth |
| Financial planning clients | 51-100 |
| How it charges | Percentage of assets |
| Services | Financial planning, Portfolio management, Pension consulting, Selection of other advisers |
| Employees | 8 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 17, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in St. Louis
- Moneta Group Investment Advisors, LLC $50.5B
- Visionary Wealth Advisors, LLC $3.5B
- Plancorp, LLC $10.6B
- RBF Wealth Advisors $716M
- Tbg-Bedford Group LLC $758M
- Compass Wealth $112M
See all 57 fee-only advisers in St. Louis →
Nearby
- Ladue 1 firm
- Clayton 9 firms
- Webster Groves 1 firm
- Kirkwood 1 firm
- Creve Coeur 2 firms
- Sunset Hills 1 firm
- Chesterfield 10 firms
- Ellisville 2 firms
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Droms Strauss Wealth Management? Update this listing.