D.m. Wealth Management, Inc.
How we got $879K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
D.M. Wealth Management, Inc. is a Registered Investment Advisor in Norman, Oklahoma that provides fee-only financial planning and portfolio management. It says it is a fiduciary with no portfolio minimum and sells no commissioned products.
From the company's website. Industry: Financial advisors.
Estimated value over time
▲ 4% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $667K |
| 2021 | Form 5500 | 2 | $667K |
| 2022 | Form 5500 | 2 | $667K |
| 2024 | Form 5500 | 2 | $667K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| D.M. WEALTH MANAGEMENT, INC. this business | $975K | — |
| VERNON E GLADHILL & ASSOCIATES INC Norman · 1 employees | $502K | 0.0 mi |
| GREG A. HEIPLE, INC. Norman · 2 employees | $799K | 0.2 mi |
| ARETE ACQUISITIONS, LLC Norman · 10 employees | $5.3M | 0.4 mi |
| NFA WEALTH MANAGEMENT - NORMAN, LLC Norman · 1 employees | $488K | 2.2 mi |
| MILLION WEALTH MANAGEMENT, LLC Norman · 1 employees | $546K | 2.8 mi |
| JOHN FRYREAR Norman · 1 employees | $720K | 3.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $333K |
| Revenue = employees × revenue per employee | $975K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $382K |
| Cross-check: revenue implied by PPP payroll | $170K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $879K |
| Multiple for this size and industry | 2.3× |
| Value range | $416K – $1.2M |
| Revenue range | $577K – $1.2M |
| EBITDA range | $226K – $452K |
| Industry (NAICS) | Other financial investment activities (523930) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Margaret “Peggy” Doviak, Ph.D., CFP® founded D.M. Wealth Management, Inc., a fee-only financial planning and portfolio management firm in Norman, OK, in 2003.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $5K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D.m. Wealth Management, Inc.
D.m. Wealth Management, Inc. is a financial advisors company in Norman, Oklahoma, in business since 2003. It is owned by Peggy Doviak (Founder). Its estimated annual revenue is about $975K, with roughly $382K of EBITDA. It has about 2 employees. Its estimated business value is $879K (likely range $416K–$1.2M).
Common questions
- Who owns D.m. Wealth Management, Inc.?
- D.m. Wealth Management, Inc. is owned by Peggy Doviak (Founder), according to public sources such as the company's website or filings.
- How much revenue does D.m. Wealth Management, Inc. make?
- SeeBITDA estimates D.m. Wealth Management, Inc.'s annual revenue at about $975K (likely between $577K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D.m. Wealth Management, Inc. worth?
- About $879K, roughly 2.3× its estimated EBITDA of $382K, typical for a financial advisors company its size. Likely range: $416K–$1.2M.
- How many employees does D.m. Wealth Management, Inc. have?
- About 2, from its 2024 retirement-plan filing.
- When was D.m. Wealth Management, Inc. founded?
- D.m. Wealth Management, Inc. has been in business since 2003.