# DRS Wealth Management

DRS Wealth Management is a Bank / Wealth / Trust based in Easton, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Easton, United States
- **Region:** North America
- **Address:** Easton, PA, United States
- **Assets under management:** Undisclosed
- **Website:** drswealth.com
- **LinkedIn:** linkedin.com/company/drs-asset-management-llc

## Regulatory record

- **CRD number:** 306281
- **Registration status:** Registered
- **Latest Form ADV filing:** 2026-04-28T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/306281

## About

DRS Wealth Management is a state-registered investment adviser in Easton, MD. The firm manages $88 million in assets, $84 million on a discretionary basis. It has 4 employees, including 2 investment advisers.

## People

- Douglas R. Simms — President and Chief Investment Officer

## Questions

### Who makes investment decisions at DRS Wealth Management?

Douglas R. Simms, the firm's founder and president, serves as the sole investment decision-maker. His background includes senior trust and investment roles at Lafayette Bank and PNC before he established the independent practice. The firm operates without an investment committee or external allocation consultants.

### What types of clients does the firm serve?

DRS Wealth Management serves high-net-worth individuals and families, predominantly from Pennsylvania's Lehigh Valley region. The firm operates through individually managed accounts rather than pooled vehicles, and its municipal-bond exposure is tailored to the tax profiles of in-state residents.

### What is the succession plan for the firm?

There is no publicly disclosed succession plan. The firm's investment and client-relationship functions are both concentrated in its founder, which represents a material key-person risk. Prospective clients and counterparties should inquire directly about continuity arrangements.

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Last updated: 2026-06-03T20:00:00.000Z

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