Droms Strauss Wealth Management
Firm details
- Headquarters
- Saint Louis, Missouri
- CRD number
- 108620
- Registered since
- January 20, 1998
- Website
- droms-strauss.com
- Custodians
- CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM
- Client types
- HNWI89.73%
- Individuals8.59%
- Charitable Organizations1.08%
- Pension & Profit Sharing Plans0.6%
- Services
- Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Droms Strauss Wealth Management is an independent, corporation-structured registered investment adviser that has been SEC-registered since 1998. The firm operates as a fee-based adviser (percentage of AUM) and identifies as a capital allocator, serving both individual and family clients as well as institutional accounts. Core advisory services cited include financial planning, portfolio management for individuals and small businesses, pension consulting-related work, and the selection or oversight of outside managers. The firm is not identified as an active ESG investor and is not designated as a multistate adviser. An industry mention: Droms Strauss appeared on FA Magazine’s Top RIA Firms list in 2020.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds71%
- Cash & Cash Equivalents8%
- Exchange Traded Equities7%
- Other7%
- State & Local Bonds3%
Contacts
3 of 6
Robert Hines
Wealth AdvisorCRD 7971974
Steven Strauss
Co-Founder & Managing PrincipalCRD 3192522
Anthony Gennaoui
Managing PrincipalCRD 4700026
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 64Active vs passive
$411M in ETFs
96%
$396M
<1%
$15.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $60M | 80,057 | 14.58% |
Location
Saint Louis, MO
Saint Louis
Location
Saint Louis, MO
Headquartered in Saint Louis, MO, anchoring the St. Louis-St. Charles-Farmington, MO-IL metro in the Midwest.
- Metro area
- St. Louis-St. Charles-Farmington, MO-IL
- Region
- Midwest
- County
- Saint Louis
- Address
- 501 N Lindbergh Blvd
- Time zone
- CT (UTC-6)
- Office locations
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