Deramus Wealth Management, LLC

DeRamus Wealth Management serves primarily individual clients while also advising corporate entities and pension/profit‑sharing plans, offering financial planning, pension consulting for 401(k) plans, and a selection-of-other-advisers service that directs assets to third‑party managers. Like many independent advisers, it charges asset-based advisory fees for managed relationships and negotiable fixed fees for planning engagements.

The firm does not exercise investment discretion over client accounts; instead it conducts due diligence on and refers clients to third‑party investment advisers (and may allocate to funds or separately managed accounts), with custodians and those managers handling trading and reporting. DWML reports all of its assets as non‑discretionary and delivers financial planning typically as a one‑time engagement rather than an ongoing discretionary portfolio management service.

A distinctive aspect of DWML is that it receives fee shares — including a portion of performance‑based fees — from third‑party managers such as Dunham & Associates Investment Counsel, which creates potential side‑by‑side conflicts the firm says it manages through oversight and best‑execution practices. The combination of pension consulting and corporate/plan clients, a referral model that leaves portfolio discretion with outside managers, and the receipt of performance‑based fee allocations differentiates DWML from most solo independent advisers.