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Drumond Wealth Management

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Client assets under management

$59,273,499

Clients

129

14% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

32

Low

Average account size

$459,484

About

Drumond Wealth Management provides fee-based investment advisory and financial planning services to individuals, trusts, estates, charitable organizations, corporations, and other business entities, managing roughly $61.5 million for about 129 clients. Services include customized portfolio management (on either a discretionary or non-discretionary basis) and financial planning covering retirement, tax optimization, cash flow, estate, and asset protection strategies.

The firm follows a tactical allocation approach aimed at reducing risk and improving performance, drawing on fundamental, technical, and cyclical analysis and a wide investable universe that includes foreign securities, currencies, ETFs, options, and interests in real estate and oil and gas partnerships. Accounts are managed both discretionary and non-discretionary, with the brochure showing approximately $23.2 million in discretionary assets and $38.3 million in non-discretionary assets, and the firm will accommodate client-imposed investment restrictions.

Distinctive features noted in the brochure include operation of a wrap-fee program administered through Charles Schwab, where the firm retains the wrap fee and pays execution costs—a structure the firm acknowledges can create incentives to limit trading activity. The firm also indicates an international orientation uncommon among peers through its use of foreign securities and warrants and leadership’s prior education and work experience in Brazil, and it reports a meaningful non-U.S. client presence.

Client services

Financial planning Portfolio management

Expertise

Active portfolio management Options & derivatives strategies Real estate investing Annuities Life insurance needs analysis

Fee options

Fixed

Financial Planning fixed fee up to $15,000

Percentage

up to 1.50% per annum, payable quarterly

Project-based

$250 per hour for financial planning services

Main office location

Drumond Wealth Management

Katy TX, United States

Number of offices

1

Most active in

Florida · Massachusetts · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Lucas D

Series 65

Katy, TX

Drumond Wealth Management

Lucas Drumond is a financial advisor at Drumond Wealth Management in Katy, TX, holding a Series 65 designation with one year of industry experience. Prior to joining the firm, he was a full-time student for nine years. Drumond Wealth Management provides fee-based investment advisory and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a tactical allocation approach using fundamental, technical, and cyclical analysis across a variety of instruments and operates a wrap fee program that includes advisory fees and execution services through Charles Schwab.

Active portfolio management Options & derivatives strategies Real estate investing Annuities Life insurance needs analysis
user avatar

Louis H

Series 65

Katy, TX

Drumond Wealth Management

Louis Hopper is a financial advisor at Drumond Wealth Management in Katy, TX, holding a Series 65 designation. He has one year of industry experience and previously worked at the University of Houston and Twin Staffing. Drumond Wealth Management provides fee-based investment advisory and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a tactical allocation approach using fundamental, technical, and cyclical analysis across various instruments, managing assets primarily on a non-discretionary basis.

Active portfolio management Options & derivatives strategies Real estate investing Annuities Life insurance needs analysis
user avatar

Samuelson D

CFP®, Series 66

Katy, TX

Drumond Wealth Management

Samuelson Drumond is a CFP® with eight years of industry experience, currently serving at Drumond Wealth Management. His prior roles include positions at Sovereign Wealth Advisors LLC, LPL Financial, Edward Jones, Drumond Associates, and Santander Bank N.A. Outside of his advisory work, he is an independent insurance producer. Drumond Wealth Management offers fee-based investment advisory and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a tactical allocation strategy using fundamental, technical, and cyclical analysis across diverse instruments and operates a wrap fee program that integrates advisory and execution services.

Active portfolio management Options & derivatives strategies Real estate investing Annuities Life insurance needs analysis
user avatar

Michael S

Series 66

Katy, TX

Drumond Wealth Management

Michael Saenz is a financial advisor at Drumond Wealth Management with two years of industry experience. He holds the Series 66 designation and previously worked at Stirlingshire Investments and United Planners. Outside of advisory work, Saenz is employed as a data scientist in the oil and gas terminal sector. Drumond Wealth Management provides fee-based investment advisory and financial planning services to individuals, trusts, estates, charitable organizations, and business entities. The firm employs a tactical allocation approach using fundamental, technical, and cyclical analysis across diverse instruments and manages most assets on a non-discretionary basis.

Active portfolio management Options & derivatives strategies Real estate investing Annuities Life insurance needs analysis
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