DRM Wealth Management

RIASEC Registered
Total AUM
$110M
Discretionary
$110M
100% of AUM
Avg account
$307K
Accounts
357
Employees
2
Advisory reps
1

Firm details

Headquarters
,
CRD number
288489
Custodians
CHARLES SCHWAB & CO., INC., SEI INVESTMENTS DISTRIBUTION CO.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI87.67%
  • Individuals12.33%
Services
Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

DRM Wealth Management is an independent registered investment adviser organized as an LLC and owned by an individual. The firm focuses on serving individual and family clients, offering financial planning, portfolio management for individuals and small businesses, and pension consulting. DRM also operates as an insurance broker, and charges clients via a mix of AUM-based fees, hourly fees, and fixed fees. The firm is not identified as a capital allocator, does not market itself as an active ESG investor, and is not described as a multi-state adviser.

Assets & Accounts

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 93%, Exchange Traded Equities 5%, Cash & Cash Equivalents 2%93%
  • Public Funds/Mutual Funds93%
  • Exchange Traded Equities5%
  • Cash & Cash Equivalents2%

Contacts

1 of 1
  • David Rae

    David Rae

    President & FounderCRD 4630789

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

FINTRX

Recent filings

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Awards

FINTRX

Location

Primary office

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Location

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Headquartered in , null.

Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth