DR
CFP
DR
CFP
David Rae is a CFP-designated registered investment advisor at Drm Wealth Management, based in Palm Springs, CA, with 23 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 114 clients with $110M in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
114 clients
Average Client Portfolio
$961K average
Assets Under Management
$109.5M
Fee Structure
Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Fees are negotiable. Total fees charged by DRM and third-party managers will not exceed 3% of assets under management annually.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
Palm Springs, CA
Get directionsHistory
Regulatory History (1)
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Customer Dispute
July 2015Denied
Employment History
Current Registrations
Drm Wealth Management
June 2017 - Present · 8 yrs 11 mos
Previous Registrations
Trilogy Capital, INC.
January 2016 - October 2017 · 1 yr 9 mos
National Planning Corporation ("npc of America" in Fl & Ny)
September 2004 - June 2017 · 12 yrs 9 mos
National Planning CorporationBroker
February 2003 - June 2017 · 14 yrs 4 mos
State Registrations2 states
CATX
Advisor
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.
Exams
No exam information available for this advisor.