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Douglas Damrow
45 Years of Experience
Libertyville, IL
2 DisclosuresMay Earn Commission
Douglas Damrow is a registered investment advisor at Trust Investment Advisors Wealth Management, LLC, based in Libertyville, IL, with 45 years of industry experience. Their practice areas include Business Owners, Charitable Giving, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 20 clients with $23M in assets under management.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3 advisors
Number of Clients
20 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$22.5M
Fee Structure
Minimum Investment:None
Planning is included in investment management
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
Additional fees apply for options strategies. 3rd Party Accounts (including covered call options): 0.50%. Options – Equity - AUM: First $500,000: 0.50%, Next $500,000 and above: 0.25%. 3rd Party Accounts: 0.15%
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
Libertyville, IL
Get directionsHistory
Regulatory History (2)
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Customer Dispute
March 2007Settled
Customer Dispute
November 1990Settled
Employment History
Current Registrations
Trust Investment Advisors Wealth Management, LLC
March 2024 - Present · 2 yrs 2 mos
Previous Registrations
Trust Investment Advisors
February 2024 - December 2024 · 10 mos
Oppenheimer & CO. INC.Broker
July 2010 - February 2024 · 13 yrs 7 mos
Oppenheimer & CO. INC.
July 2010 - February 2024 · 13 yrs 7 mos
UBS Financial Services INC.
August 2001 - July 2010 · 8 yrs 11 mos
UBS Financial Services INC.Broker
August 2001 - July 2010 · 8 yrs 11 mos
Prudential Securities IncorporatedBroker
April 1991 - August 2001 · 10 yrs 4 mos
Lehman Brothers INC.Broker
April 1988 - April 1991 · 3 yrs
E. F. Hutton & Company INCBroker
February 1981 - April 1988 · 7 yrs 2 mos
State Registrations2 states
ILIN
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.