DRM Wealth Management, LLC is a registered investment advisor founded in 2017 and based in Palm Springs, California. Led by principal David Rae, the registered investment advisor offers personalized investment management, third-party manager selection, and comprehensive financial planning services. DRM Wealth Management focuses on passive investment strategies utilizing index mutual funds and exchange-traded funds, tailored to each client's specific risk tolerance, time horizon, and goals. In addition to portfolio management, DRM Wealth Management provides holistic financial planning covering retirement, taxes, estate planning, cash flow and debt management, insurance, college savings, and business planning. The registered investment advisor serves individuals, high-net-worth individuals, charitable organizations, and business owners, and has no minimum account size requirement.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Annual advisory fee is up to 2.00% and is negotiable. Fees are prorated and paid quarterly in arrears.