DeRamus Wealth Management (DWML) refers clients to third-party investment advisors like Dunham & Associates and Stonebridge Capital Advisers to manage their assets. DWML also offers financial planning services covering investments, insurance, taxes, retirement, education, debt, estate, and business planning. DWML provides pension consulting services to employee benefit plans, including 401(k) plans. DWML does not provide tax or legal advice but can recommend outside professionals.
Fee Structure
DeRamus Wealth Management does not directly manage investments. Instead, they refer clients to third-party investment advisors. If you are referred to Dunham & Associates, you will pay a total annual fee of 1.25% of your assets, with DeRamus receiving 1.00% and Dunham receiving 0.25%. Dunham also offers a performance-based fee option to qualified clients, where they pay 10% of capital appreciation, and DeRamus receives half of that performance fee.