Lawrence Deramus
Lawrence Deramus is a registered investment advisor at Deramus Wealth Management, LLC, based in Plano, TX, with 30 years of industry experience. Lawrence operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Retirement Planning, and 1 more. Their firm serves 63 clients with $52M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
DeRamus Wealth Management does not directly manage investments. Instead, they refer clients to third-party investment advisors. If you are referred to Dunham & Associates, you will pay a total annual fee of 1.25% of your assets, with DeRamus receiving 1.00% and Dunham receiving 0.25%. Dunham also offers a performance-based fee option to qualified clients, where they pay 10% of capital appreciation, and DeRamus receives half of that performance fee.
Location
6275 W. Plano Parkway, Suite 500, Plano, TX, 75093
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Lawrence owns and manages real estate through The M3 Group, LLC since 1987, dedicating a few hours per week. He is also President/Agent at Capital Advisors Group and an insurance agent selling life, disability, long-term care, and fixed annuities, spending minimal time on each. Finally, Lawrence is an architectural committee member for Preston Green Homeowners Association, spending minimal time.
Employment History
Current Registrations
Deramus Wealth Management, LLC
Previous Registrations
Cetera Advisor Networks LLC
Deramus Wealth Management, LLC
Cetera Advisor Networks LLCBroker
Deramus Wealth Management, LLC
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Vsr Advisory Services
Grw Capital CorporationBroker
The Masters, INC.
Vsr Financial Services, INC.Broker
MML Investors Services, INC.Broker
G. R. Phelps & CO., INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.