# Financial advisors in Des Moines, IA

> AdvisorCensus lists 77 investment advisory firms with a principal office in the Des Moines metro area, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below. Firms may request removal from the directory, so this count can differ from the number of firms that file Form ADV.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/ia/des-moines

## At a glance

- Investment advisory firms: 77
- Registration: SEC-registered investment adviser: 45, State-registered investment adviser: 27, Exempt reporting adviser: 5
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 21 (29%); Percentage of assets 68 (94%); Hourly charges 46 (64%); Fixed fees 50 (69%); Commissions 2 (3%); Performance-based fees 7 (10%); Other 14 (19%); No compensation arrangements reported 5
- Regulatory assets under management (Item 5.F): Under $25 million 16 (21%); $25 million to $100 million 10 (13%); $100 million to $500 million 25 (32%); $500 million to $1 billion 8 (10%); $1 billion to $5 billion 5 (6%); Over $5 billion 5 (6%); Not reported 8 (10%)
- Years registered: Under 5 years 26 (34%); 5 to 9 years 32 (42%); 10 to 19 years 11 (14%); 20 years or more 8 (10%)

## Firms (page 1 of 2, 1 to 50 of 77, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [3G Capital LLC](https://advisorcensus.com/firm/3g-capital-llc-urbandale-ia-298280) ([md](https://advisorcensus.com/firm/3g-capital-llc-urbandale-ia-298280.md)) | 298280 | Urbandale, IA | State-registered investment adviser | Under $25 million | 7 | % of assets |
| [Acadia Legacy Group](https://advisorcensus.com/firm/acadia-legacy-group-clive-ia-291481) ([md](https://advisorcensus.com/firm/acadia-legacy-group-clive-ia-291481.md)) | 291481 | Clive, IA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly, Fixed fee |
| [Actis Wealth Management](https://advisorcensus.com/firm/actis-wealth-management-waukee-ia-306794) ([md](https://advisorcensus.com/firm/actis-wealth-management-waukee-ia-306794.md)) | 306794 | Waukee, IA | State-registered investment adviser | $25 million to $100 million | 6 | % of assets, Hourly, Fixed fee |
| [Acumen Associates LLC](https://advisorcensus.com/firm/acumen-associates-llc-clive-ia-314041) ([md](https://advisorcensus.com/firm/acumen-associates-llc-clive-ia-314041.md)) | 314041 | Clive, IA | State-registered investment adviser | Under $25 million | 5 | % of assets |
| [Aegis Wealth Management, Inc.](https://advisorcensus.com/firm/aegis-wealth-management-inc-guthrie-center-ia-301990) ([md](https://advisorcensus.com/firm/aegis-wealth-management-inc-guthrie-center-ia-301990.md)) | 301990 | Guthrie Center, IA | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee, Other |
| [Altitude Capital Management LLC](https://advisorcensus.com/firm/altitude-capital-management-llc-des-moines-ia-329366) ([md](https://advisorcensus.com/firm/altitude-capital-management-llc-des-moines-ia-329366.md)) | 329366 | Des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly, Fixed fee |
| [AO Wealth Advisory](https://advisorcensus.com/firm/ao-wealth-advisory-urbandale-ia-288301) ([md](https://advisorcensus.com/firm/ao-wealth-advisory-urbandale-ia-288301.md)) | 288301 | Urbandale, IA | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly, Fixed fee |
| [Apexedge LLC](https://advisorcensus.com/firm/apexedge-llc-grimes-ia-339077) ([md](https://advisorcensus.com/firm/apexedge-llc-grimes-ia-339077.md)) | 339077 | Grimes, IA | State-registered investment adviser | Under $25 million | 0 | % of assets, Fixed fee |
| [Ballast Capital Advisors, LLC](https://advisorcensus.com/firm/ballast-capital-advisors-llc-west-des-moines-ia-282369) ([md](https://advisorcensus.com/firm/ballast-capital-advisors-llc-west-des-moines-ia-282369.md)) | 282369 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Fixed fee |
| [Black Mammoth LLC](https://advisorcensus.com/firm/black-mammoth-llc-ankeny-ia-310508) ([md](https://advisorcensus.com/firm/black-mammoth-llc-ankeny-ia-310508.md)) | 310508 | Ankeny, IA | State-registered investment adviser | Under $25 million | 5 | % of assets, Hourly, Fixed fee, Other |
| [Blackoak Advisors LLC](https://advisorcensus.com/firm/blackoak-advisors-llc-des-moines-ia-338349) ([md](https://advisorcensus.com/firm/blackoak-advisors-llc-des-moines-ia-338349.md)) | 338349 | Des Moines, IA | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Boyle Capital](https://advisorcensus.com/firm/boyle-capital-west-des-moines-ia-132416) ([md](https://advisorcensus.com/firm/boyle-capital-west-des-moines-ia-132416.md)) | 132416 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 19 | % of assets, Hourly, Performance fee |
| [BSC Capital Partners, LLC](https://advisorcensus.com/firm/bsc-capital-partners-llc-west-des-moines-ia-284338) ([md](https://advisorcensus.com/firm/bsc-capital-partners-llc-west-des-moines-ia-284338.md)) | 284338 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [BTC Capital Management](https://advisorcensus.com/firm/btc-capital-management-des-moines-ia-127158) ([md](https://advisorcensus.com/firm/btc-capital-management-des-moines-ia-127158.md)) | 127158 | Des Moines, IA | SEC-registered investment adviser | $1 billion to $5 billion | 23 | % of assets, Fixed fee |
| [Compass Financial Services](https://advisorcensus.com/firm/compass-financial-services-west-des-moines-ia-109441) ([md](https://advisorcensus.com/firm/compass-financial-services-west-des-moines-ia-109441.md)) | 109441 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly |
| [Custom Wealth Planners](https://advisorcensus.com/firm/custom-wealth-planners-ankeny-ia-326415) ([md](https://advisorcensus.com/firm/custom-wealth-planners-ankeny-ia-326415.md)) | 326415 | Ankeny, IA | State-registered investment adviser | $100 million to $500 million | 3 | % of assets, Fixed fee |
| [Dentist Exit Planning](https://advisorcensus.com/firm/dentist-exit-planning-windsor-heights-ia-313984) ([md](https://advisorcensus.com/firm/dentist-exit-planning-windsor-heights-ia-313984.md)) | 313984 | Windsor Heights, IA | State-registered investment adviser | Under $25 million | 5 | % of assets, Hourly, Fixed fee, Other |
| [DES Moines Investments, LLC](https://advisorcensus.com/firm/des-moines-investments-llc-des-moines-ia-146322) ([md](https://advisorcensus.com/firm/des-moines-investments-llc-des-moines-ia-146322.md)) | 146322 | Des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets |
| [Desla Wealth Management](https://advisorcensus.com/firm/desla-wealth-management-west-des-moines-ia-310235) ([md](https://advisorcensus.com/firm/desla-wealth-management-west-des-moines-ia-310235.md)) | 310235 | West des Moines, IA | State-registered investment adviser | $25 million to $100 million | 5 | % of assets, Hourly, Commissions |
| [Diamond Trail Capital Management](https://advisorcensus.com/firm/diamond-trail-capital-management-waukee-ia-328798) ([md](https://advisorcensus.com/firm/diamond-trail-capital-management-waukee-ia-328798.md)) | 328798 | Waukee, IA | State-registered investment adviser | Under $25 million | 2 | % of assets |
| [DMKC Advisory Services, LLC](https://advisorcensus.com/firm/dmkc-advisory-services-llc-des-moines-ia-145112) ([md](https://advisorcensus.com/firm/dmkc-advisory-services-llc-des-moines-ia-145112.md)) | 145112 | Des Moines, IA | SEC-registered investment adviser | $500 million to $1 billion | 19 | % of assets, Hourly |
| [DSM Financial L.L.C.](https://advisorcensus.com/firm/dsm-financial-l-l-c-urbandale-ia-301372) ([md](https://advisorcensus.com/firm/dsm-financial-l-l-c-urbandale-ia-301372.md)) | 301372 | Urbandale, IA | State-registered investment adviser | Not reported | 7 | Other |
| [FBL Wealth Management, LLC](https://advisorcensus.com/firm/fbl-wealth-management-llc-west-des-moines-ia-291396) ([md](https://advisorcensus.com/firm/fbl-wealth-management-llc-west-des-moines-ia-291396.md)) | 291396 | West des Moines, IA | SEC-registered investment adviser | Under $25 million | 8 | % of assets, Hourly, Fixed fee, Other |
| [Five Talents Financial Management Group LLC](https://advisorcensus.com/firm/five-talents-financial-management-group-llc-west-des-moines-ia-307987) ([md](https://advisorcensus.com/firm/five-talents-financial-management-group-llc-west-des-moines-ia-307987.md)) | 307987 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee, Other |
| [Forrest Financial Services](https://advisorcensus.com/firm/forrest-financial-services-windsor-heights-ia-117546) ([md](https://advisorcensus.com/firm/forrest-financial-services-windsor-heights-ia-117546.md)) | 117546 | Windsor Heights, IA | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly, Fixed fee |
| [Foster Group, Inc.](https://advisorcensus.com/firm/foster-group-inc-west-des-moines-ia-107148) ([md](https://advisorcensus.com/firm/foster-group-inc-west-des-moines-ia-107148.md)) | 107148 | West des Moines, IA | SEC-registered investment adviser | $1 billion to $5 billion | 35 | % of assets, Hourly, Fixed fee |
| [Gilbert & Cook, Inc.](https://advisorcensus.com/firm/gilbert-and-cook-inc-west-des-moines-ia-283112) ([md](https://advisorcensus.com/firm/gilbert-and-cook-inc-west-des-moines-ia-283112.md)) | 283112 | West des Moines, IA | SEC-registered investment adviser | $1 billion to $5 billion | 10 | % of assets, Hourly, Fixed fee |
| [Hart Wealth Management](https://advisorcensus.com/firm/hart-wealth-management-west-des-moines-ia-338236) ([md](https://advisorcensus.com/firm/hart-wealth-management-west-des-moines-ia-338236.md)) | 338236 | West des Moines, IA | State-registered investment adviser | $25 million to $100 million | 1 | % of assets, Fixed fee |
| [Independent Wealth Network, Inc.](https://advisorcensus.com/firm/independent-wealth-network-inc-urbandale-ia-286262) ([md](https://advisorcensus.com/firm/independent-wealth-network-inc-urbandale-ia-286262.md)) | 286262 | Urbandale, IA | SEC-registered investment adviser | $500 million to $1 billion | 9 | % of assets, Hourly, Fixed fee |
| [Integrity Alliance, LLC](https://advisorcensus.com/firm/integrity-alliance-llc-urbandale-ia-139627) ([md](https://advisorcensus.com/firm/integrity-alliance-llc-urbandale-ia-139627.md)) | 139627 | Urbandale, IA | SEC-registered investment adviser | Over $5 billion | 17 | % of assets, Hourly, Fixed fee |
| [Iowa Wealth Management, LLC](https://advisorcensus.com/firm/iowa-wealth-management-llc-west-des-moines-ia-286435) ([md](https://advisorcensus.com/firm/iowa-wealth-management-llc-west-des-moines-ia-286435.md)) | 286435 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly |
| [Kane Company Wealth Management, Inc.](https://advisorcensus.com/firm/kane-company-wealth-management-inc-johnston-ia-115756) ([md](https://advisorcensus.com/firm/kane-company-wealth-management-inc-johnston-ia-115756.md)) | 115756 | Johnston, IA | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee |
| [Kingdom Wealth Development, LLC](https://advisorcensus.com/firm/kingdom-wealth-development-llc-west-des-moines-ia-291802) ([md](https://advisorcensus.com/firm/kingdom-wealth-development-llc-west-des-moines-ia-291802.md)) | 291802 | West des Moines, IA | State-registered investment adviser | Under $25 million | 8 | % of assets |
| [Koios Private Family Offices, LLC](https://advisorcensus.com/firm/koios-private-family-offices-llc-des-moines-ia-338355) ([md](https://advisorcensus.com/firm/koios-private-family-offices-llc-des-moines-ia-338355.md)) | 338355 | Des Moines, IA | State-registered investment adviser | Under $25 million | 1 | % of assets |
| [KSA Partners, LLC](https://advisorcensus.com/firm/ksa-partners-llc-west-des-moines-ia-292102) ([md](https://advisorcensus.com/firm/ksa-partners-llc-west-des-moines-ia-292102.md)) | 292102 | West des Moines, IA | Exempt reporting adviser | Not reported | 0 | Not reported |
| [Legacy Bridge Private Family Offices](https://advisorcensus.com/firm/legacy-bridge-private-family-offices-west-des-moines-ia-282261) ([md](https://advisorcensus.com/firm/legacy-bridge-private-family-offices-west-des-moines-ia-282261.md)) | 282261 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 10 | % of assets, Hourly, Fixed fee, Performance fee, Other |
| [Legacy Financial Group](https://advisorcensus.com/firm/legacy-financial-group-des-moines-ia-154927) ([md](https://advisorcensus.com/firm/legacy-financial-group-des-moines-ia-154927.md)) | 154927 | Des Moines, IA | SEC-registered investment adviser | $1 billion to $5 billion | 12 | % of assets, Hourly, Other |
| [Longenecker Financial Services](https://advisorcensus.com/firm/longenecker-financial-services-des-moines-ia-321686) ([md](https://advisorcensus.com/firm/longenecker-financial-services-des-moines-ia-321686.md)) | 321686 | Des Moines, IA | State-registered investment adviser | $25 million to $100 million | 4 | % of assets |
| [LSB Wealth Management](https://advisorcensus.com/firm/lsb-wealth-management-ankeny-ia-310466) ([md](https://advisorcensus.com/firm/lsb-wealth-management-ankeny-ia-310466.md)) | 310466 | Ankeny, IA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly, Fixed fee, Other |
| [LW Advisors, L.L.C.](https://advisorcensus.com/firm/lw-advisors-l-l-c-des-moines-ia-177512) ([md](https://advisorcensus.com/firm/lw-advisors-l-l-c-des-moines-ia-177512.md)) | 177512 | Des Moines, IA | State-registered investment adviser | $25 million to $100 million | 11 | % of assets, Hourly, Fixed fee |
| [Manchesterstory Fund Management, LP](https://advisorcensus.com/firm/manchesterstory-fund-management-lp-west-des-moines-ia-298873) ([md](https://advisorcensus.com/firm/manchesterstory-fund-management-lp-west-des-moines-ia-298873.md)) | 298873 | West des Moines, IA | Exempt reporting adviser | Not reported | 3 | Not reported |
| [Merkle Retirement Planning](https://advisorcensus.com/firm/merkle-retirement-planning-grimes-ia-297942) ([md](https://advisorcensus.com/firm/merkle-retirement-planning-grimes-ia-297942.md)) | 297942 | Grimes, IA | SEC-registered investment adviser | $500 million to $1 billion | 6 | % of assets, Hourly, Fixed fee |
| [Midwest Growth Advisors, LLC](https://advisorcensus.com/firm/midwest-growth-advisors-llc-west-des-moines-ia-172104) ([md](https://advisorcensus.com/firm/midwest-growth-advisors-llc-west-des-moines-ia-172104.md)) | 172104 | West des Moines, IA | Exempt reporting adviser | Not reported | 11 | Not reported |
| [Midwest Heritage Financial Advisors](https://advisorcensus.com/firm/midwest-heritage-financial-advisors-west-des-moines-ia-306308) ([md](https://advisorcensus.com/firm/midwest-heritage-financial-advisors-west-des-moines-ia-306308.md)) | 306308 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly, Fixed fee |
| [Mokosak Advisory Group, LLC](https://advisorcensus.com/firm/mokosak-advisory-group-llc-urbandale-ia-287538) ([md](https://advisorcensus.com/firm/mokosak-advisory-group-llc-urbandale-ia-287538.md)) | 287538 | Urbandale, IA | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets |
| [Next Level Ventures, LLC](https://advisorcensus.com/firm/next-level-ventures-llc-des-moines-ia-305666) ([md](https://advisorcensus.com/firm/next-level-ventures-llc-des-moines-ia-305666.md)) | 305666 | Des Moines, IA | Exempt reporting adviser | Not reported | 7 | Not reported |
| [Omni Wealth Management](https://advisorcensus.com/firm/omni-wealth-management-clive-ia-307591) ([md](https://advisorcensus.com/firm/omni-wealth-management-clive-ia-307591.md)) | 307591 | Clive, IA | State-registered investment adviser | $25 million to $100 million | 6 | % of assets, Hourly, Fixed fee |
| [Ooda Quantum Capital, LLC](https://advisorcensus.com/firm/ooda-quantum-capital-llc-johnston-ia-339749) ([md](https://advisorcensus.com/firm/ooda-quantum-capital-llc-johnston-ia-339749.md)) | 339749 | Johnston, IA | State-registered investment adviser | Under $25 million | 0 | Performance fee, Other |
| [Paladin Wealth Partners](https://advisorcensus.com/firm/paladin-wealth-partners-clive-ia-285303) ([md](https://advisorcensus.com/firm/paladin-wealth-partners-clive-ia-285303.md)) | 285303 | Clive, IA | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Hourly, Fixed fee |
| [Peterson Financial Group, Inc.](https://advisorcensus.com/firm/peterson-financial-group-inc-des-moines-ia-169519) ([md](https://advisorcensus.com/firm/peterson-financial-group-inc-des-moines-ia-169519.md)) | 169519 | Des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Fixed fee |

- Next page: https://advisorcensus.com/advisors/ia/des-moines/page/2.md

## Questions people ask

**How many financial advisory firms are there in Des Moines, IA?**
AdvisorCensus lists 77 investment advisory firms with a principal office in the Des Moines metro area, from Form ADV filings as of October 2026: 45 SEC-registered, 27 state-registered, and 5 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV.

**How many fee-only financial advisors are in Des Moines, IA?**
21 of the 77 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed.

**How many financial advisors in Des Moines, IA offer financial planning?**
58 of the 72 firms in Des Moines, IA that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports.

**Are the financial advisors in Des Moines, IA fiduciaries?**
Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 21 firms that meet AdvisorCensus's fee-only test report none of those sales ties.

**How do I check whether a financial advisor has disciplinary disclosures?**
Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck.

**Does AdvisorCensus rate, verify, or recommend these firms?**
No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content.

**What does regulatory assets under management mean?**
Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality.

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Every firm in this list as CSV: https://advisorcensus.com/advisors/ia/des-moines.csv

Cite as: AdvisorCensus. Financial advisors in Des Moines, IA: 77 firms from Form ADV filings as of October 2026.