Steve Strauss
Chairman & President at Droms Strauss Wealth Management
Based in St Louis, United States
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Seniority
C-Team
Department
General Business & Management
Location
St Louis
Industry
Financial Services
Company size
8
Contact information
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s•••••••@droms-strauss.com
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Background
About Steve Strauss
Steve specializes in creating personal financial plans and investment strategies that reflect and preserve the priorities and objectives of high net worth clients. Serving as a client partner and advocate, he applies over 35 years of experience as a CPA and principal of a sophisticated tax accounting firm to the Droms Strauss team.He excels in advising successful entrepreneurs and executives whose professional and personal financial considerations overlap. Whether retired or still active in the workforce, clients benefit from his practical experience in managing financial decisions and their associated tax impacts.Steve’s interest in personal financial planning was ignited after attending a 1985 conference, where he created a mock financial plan for himself during a group exercise. He found the process enlightening, immediately recognizing that his clients would benefit from it as well. Inspired, Steve deepened his studies to earn accreditation from the American Institute of Certified Public Accountants (AICPA) as a Personal Financial Specialist (PFS).An active member and innovator in AICPA’s Personal Financial Planning Division, Steve co-developed PFP Partner, personal financial planning software licensed for distribution by the AICPA and widely used by CPAs in providing personal financial planning services.A leader in the wealth management industry, Steve previously served as president of the All Star Financial Group, LLC, a national association of CPAs specializing in financial, tax and investment planning and management for high and ultra-high net worth individuals. Since 2008, Steve has been named as a Five Star Wealth Manager by St. Louis Magazine six times.Steve holds a BA in Business Administration from the University of Missouri in Columbia and an MS in Taxation from DePaul University.Steve’s work has appeared in the Journal of Financial Planning, The CPA Journal, The Planner, Saint Louis Business Journal and various publications of the AICPA.
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