DRM Wealth Management fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed January 20, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$500⁠-⁠$1,000/hr

“Financial Planning fee is an hourly rate between $500.00 and $1000.00 per hour, depending on complexity and number of hours used.”

Flat or project fee

$2,400⁠-⁠$50,000

“The fixed fee can range between $2400 and $50,000.”

Monthly fee

$250⁠-⁠$4,500/mo

“Comprehensive Financial Planning Comprehensive Financial Planning consists of an upfront charge between $2,400-$50,000 and an ongoing fee that is paid monthly, in advance, between $250-$4500.00 per month.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How DRM Wealth Management bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the amount of time remaining in the billing period.”
• “An account may be terminated with written notice at least 30 calendar days in advance.”
• “Since fees are paid in arrears, no rebate will be needed upon termination of the account.”

How DRM Wealth Management’s fees compare

• Its hourly rate of $500-$1,000 is above the California median of $300. 97% of the 932 other California planners that publish an hourly rate charge less.
• Its flat or project fee of $2,400-$50,000 spans the California median of $5,000. 94% of the 796 other California planners that publish a flat or project fee charge less.

About DRM Wealth Management

• Principal: David Rae
• Firm size: 2 employees.
• Credentials named in the brochure: CFP®.
• Registered as an adviser: 2017 (9 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

3% a year

Clients

114

Employees

2

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and pension consulting

Assets managed

$109,500,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

288489

Website

davidraefp.com (opens in new tab)

Phone

(323) 905-4380

Other planners in California that publish fees

• 10/28 Wealth Management LLCOceanside$300/hr, $500⁠-⁠$10,000
• 360DividendsGranite Bay$300/hr, $2,500⁠-⁠$10,000
• 3D Holistic WealthIrvine$300/hr, $1,500⁠-⁠$10,000
• 401 FinancialSan Diego$250/hr, $500
• 5T Wealth, LLCNapa$200⁠-⁠$450/hr
• 7 Streets Financial, LLCSan Diego$100⁠-⁠$400/hr, Up to $15,000

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