Steven Strauss
Steven Strauss is a PFS-designated registered investment advisor at Droms Strauss Wealth Management, based in St. Louis, MO, with 26 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 409 clients with $730M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.60% |
| $5.0M - $10.0M | 0.40% |
| $10M+ | 0.25% |
Fee schedule is negotiated on a client-by-client basis. Employees, family members, and others with relationships with Droms Strauss’ associated persons may be charged lower fees or no fees, at Droms Strauss’ sole discretion.
Fee Estimator
Location
501 N Lindbergh Boulevard, St. Louis, MO, 63141-7844
Get directionsHistory
Regulatory History (1)
Regulatory
October 1999Other Business Activities
Steven is a CPA and tax preparer for S & S Strauss LLC since February 2025. This takes about 10% of his time, with some of those hours during securities trading hours.
Employment History
Current Registrations
Droms Strauss Wealth Management
State Registrations3 states
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.