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DROMS STRAUSS WEALTH MANAGEMENT
Legal name: DROMS STRAUSS ADVISORS, INC.
CRD 108620File 801-55207
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Mar 17, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$806.3M
Above cohort median (national)
Discretionary AUM
$789.4M
Non-discretionary $16.9M
Clients
420
1,260 accounts
Employees
8
Above cohort median in MO
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Jan 20, 1998
- Principal office
- 501 N LINDBERGH BOULEVARD, ST. LOUIS, MO, 63141-7844
- Phone
- 314-862-9100
- Website
- HTTP://WWW.DROMS-STRAUSS.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $806.3M
- Discretionary AUM
- $789.4M
- Non-discretionary AUM
- $16.9M
- Discretionary accounts
- 1,243
- Non-discretionary accounts
- 17
- Total accounts
- 1,260
- AUM per client
- $1.9M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Charitable organizations | Fewer than 5 | $8.7M |
| High net worth individuals | 192 | $723.5M |
| Pension and profit sharing plans | 5 | $4.9M |
| Individuals (other than high net worth individuals) | 220 | $69.3M |
Compensation & activities
ADV Items 5E, 5GCompensation
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for other
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11D2
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 9 | 8 | decreased by1 |
| Apr 1, 2026 | Clients | 409 | 420 | increased by11 |
| Apr 1, 2026 | AUM | $730,377,719 | $806,291,998 | increased by$75,914,279 |
| Apr 1, 2026 | Accounts | 1,402 | 1,260 | decreased by142 |
| May 1, 2025 vs Oct 1, 2022 | Disclosures | No | Yes | |
| May 1, 2025 vs Oct 1, 2022 | Clients | 390 | 409 | increased by19 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $686,983,480 | $730,377,719 | increased by$43,394,239 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,118 | 1,402 | increased by284 |
| Apr 1, 2022 | Employees | 8 | 9 | increased by1 |
| Apr 1, 2022 | Clients | 347 | 390 | increased by43 |
| Apr 1, 2022 | AUM | $591,242,215 | $686,983,480 | increased by$95,741,265 |
| Apr 1, 2022 | Accounts | 1,060 | 1,118 | increased by58 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “DROMS STRAUSS” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“DROMS STRAUSS” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.