# Financial advisors with no account minimum in Des Moines, IA

> Find financial advisors in Des Moines, IA with no account minimum. AdvisorCensus lists 14 investment advisory firms with a principal office in the Des Moines metro area whose brochure says the firm has no account minimum, checked word for word, as of October 2026. Firms are listed alphabetically, and each firm's page quotes the brochure.

Updated October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/ia/des-moines/no-account-minimum

## At a glance

- Investment advisory firms: 14
- Registration: SEC-registered investment adviser: 14
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 1 (7%); Percentage of assets 14 (100%); Hourly charges 10 (71%); Fixed fees 7 (50%); Other 1 (7%)
- Regulatory assets under management (Item 5.F): $100 million to $500 million 10 (71%); $500 million to $1 billion 2 (14%); $1 billion to $5 billion 1 (7%); Over $5 billion 1 (7%)
- Years registered: Under 5 years 6 (43%); 5 to 9 years 7 (50%); 10 to 19 years 1 (7%)

## Firms (page 1 of 1, 1 to 14 of 14, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [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 |
| [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 |
| [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 |
| [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 |
| [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 |
| [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 |
| [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 |
| [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 |
| [RIA Advisory Group, LLC](https://advisorcensus.com/firm/ria-advisory-group-llc-des-moines-ia-152566) ([md](https://advisorcensus.com/firm/ria-advisory-group-llc-des-moines-ia-152566.md)) | 152566 | Des Moines, IA | SEC-registered investment adviser | $500 million to $1 billion | 6 | % of assets |
| [Sammons Financial Group Asset Management, LLC](https://advisorcensus.com/firm/sammons-financial-group-asset-management-llc-west-des-moines-ia-321109) ([md](https://advisorcensus.com/firm/sammons-financial-group-asset-management-llc-west-des-moines-ia-321109.md)) | 321109 | West des Moines, IA | SEC-registered investment adviser | Over $5 billion | 4 | % of assets |
| [Van Diest Capital](https://advisorcensus.com/firm/van-diest-capital-polk-city-ia-334743) ([md](https://advisorcensus.com/firm/van-diest-capital-polk-city-ia-334743.md)) | 334743 | Polk City, IA | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee |
| [Vivid Wealth Management, LLC](https://advisorcensus.com/firm/vivid-wealth-management-llc-west-des-moines-ia-322974) ([md](https://advisorcensus.com/firm/vivid-wealth-management-llc-west-des-moines-ia-322974.md)) | 322974 | West des Moines, IA | SEC-registered investment adviser | $100 million to $500 million | 4 | % of assets, Hourly |

## Questions people ask

**Which financial advisors in Des Moines, IA have no account minimum?**
14 investment advisory firms with a principal office in the Des Moines metro area state in their Form ADV Part 2A brochure that they have no account minimum, as of October 2026; this page lists them. A firm appears here when its current Form ADV Part 2A brochure says it has no account minimum and AdvisorCensus found that sentence word for word in the brochure, with no other minimum beside it. Only brochures AdvisorCensus has read count, so a firm missing here may have no minimum without stating it; and a firm can still decline an account, or set a minimum fee, which its page shows when the brochure states one.

**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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Cite as: AdvisorCensus. Financial advisors with no account minimum in Des Moines, IA: 14 firms from Form ADV filings as of October 2026.