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Drost Financial

Drost Financial. CRD 312103

Drost Financial logo

CRD: 312103

Drost Financial

$42.7M Total AUM
$42.7M Disc. AUM
-- 3Y CAGR
2 Employees
70 ADV. Clients
5 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company
Clients
Retail
Established Date
03-11-2021
Office Locations
1

Office Locations

-- HAM Lake MN

About Drost Financial

Drost Financial is a fee-only, independent, fiduciary planning firm led by Steve Drost, CFA, CFP (InvestmentNews 40 Under 40). The practice is purpose-built for corporate executives and pre/early retirees, with deep expertise in General Mills and Republic Services benefit and compensation plans. Provides comprehensive, tailored financial planning and investment guidance for individuals and families, with accounts custodied at Charles Schwab.

Reported data analysis

What the numbers show

Of the latest reported AUM, 100.0% is discretionary and 0.0% is non-discretionary.

The firm reports 1 advisory representatives and 70 clients, or 70 clients per representative. That equates to $609.6K in reported AUM per client.

The profile lists 1 reported office location and 5 years in operation. The source data was last updated on January 15, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

31 AVG AGE
$42.7M AVG AUM / ADVISOR
$609.6K AVG AUM / CLIENT
5.5 yrs AVG TENURE
2 Employees
1 Advisory Reps
1 RIA Reps
5yrs Firm Age

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Available data coverage

  • Asset Classes
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

Steven James Drost

Steven James Drost

Chief Compliance Officer, FOUNDER

CRD
#6795665
Ownership
75% or more

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Contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary

No AUM history available

Category Assets AVG. Account size
Discretionary $42,674,889 --
Non-Discretionary $0 --
Total $42,674,889 --

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Separately Managed Accounts

SMA allocation detail is available

Drost Financial has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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