{
  "crd_number": 291396,
  "slug": "fbl-wealth-management-llc-west-des-moines-ia-291396",
  "primary_business_name": "FBL WEALTH MANAGEMENT, LLC",
  "legal_name": "FBL WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "West des Moines",
  "state": "IA",
  "country": "United States",
  "cbsa_code": "19780",
  "metro": {
    "cbsa_code": "19780",
    "common_name": "Des Moines",
    "msa_name": "Des Moines-West Des Moines, IA",
    "path": "/advisors/ia/des-moines"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-06-18",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-06-22",
  "carried_forward": false,
  "raum_total": 9240933.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 9240933.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 207,
  "advisory_employees": 170,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 9240933.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CO",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NM",
    "NV",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://beafarmbureauagent.com",
    "https://facebook.com/FarmBureauFinancialServices",
    "https://fbfs.com",
    "https://greenfieldslife.com",
    "https://instagram.com/fbfscareers",
    "https://linkedin.com/company/farm-bureau-financial-services"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291396",
  "city_as_filed": "WEST DES MOINES",
  "url": "https://advisorcensus.com/firm/fbl-wealth-management-llc-west-des-moines-ia-291396",
  "display_name": "FBL Wealth Management, LLC",
  "summary": "FBL Wealth Management, LLC is an SEC-registered investment advisory firm in West des Moines, IA, registered since 2018, reporting under $25 million in regulatory assets under management in its Form ADV filing dated June 22, 2026.",
  "citation": "AdvisorCensus. FBL Wealth Management, LLC (CRD 291396): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is FBL Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FBL Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "Where is FBL Wealth Management, LLC located?",
      "a": "FBL Wealth Management, LLC's principal office is in West des Moines, IA, according to its Form ADV; the July 2026 filing also lists 25 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is FBL Wealth Management, LLC registered with the SEC or a state?",
      "a": "FBL Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291396."
    },
    {
      "q": "How much does FBL Wealth Management, LLC manage?",
      "a": "FBL Wealth Management, LLC reports $9,240,933 in regulatory assets under management in its Form ADV filing dated June 22, 2026 (0% discretionary)."
    },
    {
      "q": "How have FBL Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for FBL Wealth Management, LLC: Regulatory assets under management: $12,019,067 in the October 2021 data and $9,240,933 in the October 2026 data, down 23%. Total employees: 154 in October 2021 and 207 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Does FBL Wealth Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/291396"
    },
    {
      "q": "What changed in FBL Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 12019067.0,
      "total_employees": 154,
      "filing_date": "2021-09-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 12683325.0,
      "total_employees": 175,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 10869431.0,
      "total_employees": 169,
      "filing_date": "2023-07-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8630006.0,
      "total_employees": 168,
      "filing_date": "2024-07-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 8654949.0,
      "total_employees": 177,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 9240933.0,
      "total_employees": 207,
      "filing_date": "2026-06-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 138 to 170.",
        "Added an office in Buffalo, WY.",
        "Added an office in Cheyenne, WY.",
        "Added an office in Eldon, IA.",
        "Added an office in George, IA.",
        "Added an office in Rawlins, WY.",
        "Added an office in Saratoga, WY.",
        "Added an office in Storm Lake, IA.",
        "No longer lists an office in Albert City, IA.",
        "No longer lists an office in Dexter, NM.",
        "No longer lists an office in Gilbert, MN.",
        "No longer lists an office in International Falls, MN.",
        "No longer lists an office in North Branch, MN.",
        "No longer lists an office in Ottumwa, IA.",
        "No longer lists an office in Roswell, NM."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in CA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/fbl-wealth-management-llc-west-des-moines-ia-291396.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": null,
      "fewer_than_5": true,
      "raum": 9240933.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291396",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}