DRW Financial is a registered investment advisor based in Hixson, Tennessee, founded in 2012 and led by David Randall Wattenbarger. The firm provides ongoing portfolio management and financial planning services tailored to each client's specific goals, risk tolerance, and time horizon. DRW Financial builds personalized investment policies and constructs diversified portfolios using mutual funds, stocks, bonds, exchange-traded funds, real estate investment trusts, and government securities. In addition to managing investments, DRW Financial offers financial planning covering retirement, college savings, taxes, life insurance, and debt management. Financial planning is included at no additional charge for clients who use the firm's investment management services. The firm also offers standalone financial planning on a fixed-fee basis for clients who do not need investment management. DRW Financial operates on a fee-only basis, meaning they do not sell products or accept commissions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $3.0M | 0.63% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.25% |
Fees are negotiable. Household accounts may be aggregated to determine the fee.