Droms Strauss Wealth Management Salary

Droms Strauss Wealth Management Salary

How much does the Droms Strauss Wealth Management Pay for employees?

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As of August 2026, the average annual salary for employees at Droms Strauss Wealth Management in the United States is $87,053. This translates to an approximate hourly wage of $42. Salaries at Droms Strauss Wealth Management typically range from $76,360 to $98,649 annually, reflecting the diverse roles and experience levels within the company. Droms Strauss Wealth Management’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Droms Strauss Wealth Management Pay for Different Roles?

Explore detailed salary information for specific jobs at Droms Strauss Wealth Management. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Droms Strauss Wealth Management

Ready for your next career move? Explore current job openings at Droms Strauss Wealth Management. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Droms Strauss Wealth Management’s Pay Competitive? Salary Benchmarking Analysis

How does Droms Strauss Wealth Management’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Droms Strauss Wealth Management
Financial Services
Independent Grid
Dettlaff & Company Inc
Industry Comparison
Our data shows that, on average, compensation at Droms Strauss Wealth Management is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Droms Strauss Wealth Management average annual salary with several similar companies. Droms Strauss Wealth Management average salary of $87,053 is higher than Independent Grid, which has an average salary of $81,800. It is lower than Dettlaff & Company Inc, with their average salary at $88,139. This places Droms Strauss Wealth Management in a mid-range position among its peers.
See Your True Competitors
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How Droms Strauss Wealth Management's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Droms Strauss Wealth Management. Click a company name to learn more.

Employee Reviews: Working at Droms Strauss Wealth Management

Considering a career at Droms Strauss Wealth Management? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The workplace culture is respectful but somewhat rigid. The employees, the scale of impact is immense, yet the culture remains people-focused. My contributions are acknowledged, and my well-being is a genuine priority for leadership. This direct line of communication makes problem-solving quick and effective for us. There’s a genuine effort to match people’s roles with their long-term strengths an...
Commented in May 04, 2025
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The compensation and benefits package is highly competitive, reflecting their value for their employees. The culture balances high performance with empathy, encouraging employees to maintain a healthy work-life balance. Colleagues are dependable and collaborative. Pay and benefits are competitive and it is somehow outstanding. Leadership values diverse perspectives in decision-making.
Commented in October 27, 2024
46
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Systems are modern and well-maintained, with IT support that actually responds quickly. There's little to no emphasis on innovation. Little innovation but solid execution. The firm's global reach provides diverse opportunities and exposure to international markets, making every day intellectually stimulating. Collaborative culture with excellent training programs. Ideal for those who enjoy consist...
Commented in August 21, 2024
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Droms Strauss Wealth Management Overview

Website
www.droms-strauss.com
Founded In
1994
Employees
<25 employees
Industry
Financial Services
Headquarter Address
501 N Lindbergh Blvd St. Louis Missouri MO 63141
Revenue
<$5 Million
Phone Number
+1 3148629100
Social Media
About Droms Strauss Wealth Management
Droms Strauss Wealth Management brings institutional-quality investment management and the highest level of professional financial planning services to successful business owners, individuals and their families. From our beginning as an outgrowth of a St. Louis-based CPA firm, Droms Strauss Wealth Management now serves clients across the United States and around the world including clients in Euro

What Benefits Does Droms Strauss Wealth Management Offer Beyond Salary?

A competitive compensation package is more than just a salary. Droms Strauss Wealth Management offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Saint Louis?

Understanding the cost of living near Saint Louis is key to truly evaluating a salary offer or your current compensation at Droms Strauss Wealth Management.
Saint Louis' Cost of Living Index is approximately 83.8 (16.2% less expensive than US average; 5.8% less than MO average). Major city, Gateway Arch, affordable housing, MetroLink/Bus. When planning your budget based on a salary from Droms Strauss Wealth Management, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Droms Strauss Wealth Management salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $78 (Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,208 - $3,548+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Droms Strauss Wealth Management

1. What is the typical salary range (low to high) for most roles at Droms Strauss Wealth Management?

The typical annual salary range for most roles at Droms Strauss Wealth Management is approximately from $76,360 to $98,649. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Droms Strauss Wealth Management pay compared to Independent Grid?

The average annual salary at Droms Strauss Wealth Management is $87,053, or an hourly wage of $42, in comparison to Independent Grid which pays $81,800 per year or $39 per hour.

3. Do salaries differ significantly between departments at Droms Strauss Wealth Management?

Yes, salaries often differ between departments at Droms Strauss Wealth Management due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Droms Strauss Wealth Management?

Experience level is a significant factor in determining salary at Droms Strauss Wealth Management, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Droms Strauss Wealth Management in Saint Louis is fair given the local cost of living?

To determine if a salary offer from Droms Strauss Wealth Management in Saint Louis is fair, first compare the gross salary to our data for similar roles at Droms Strauss Wealth Management and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Louis" to understand its purchasing power.

6. What factors influence salary increases at Droms Strauss Wealth Management?

Salary increases at Droms Strauss Wealth Management are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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