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, privately owned registered investment adviser that has been operating since 1998. The firm serves both high-net-worth individuals and families as well as select institutional clients, and it bills primarily on a percentage-of-AUM basis. It identifies as a capital allocator, using outside managers for certain strategies. Advisory capabilities listed by the firm include comprehensive financial planning, portfolio management for individuals and small businesses, pension consulting services, and the selection of other advisers. The firm does not present itself as an active ESG investor. Droms Strauss received recognition from FA Magazine as a Top RIA Firms entrant 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 6Robert 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
$363M in ETFs
96%
$349M
<1%
$13.1M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $53.7M | 82,134 | 14.80% |
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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