FBL Wealth Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
FBL Wealth Management serves a broad mix of individual, high-net-worth, retirement plan, trust, nonprofit and corporate clients and delivers investment management through wrap-fee programs, written financial plans, non-fiduciary retirement-plan services, and occasional educational seminars. Many advisory relationships are implemented via program arrangements sponsored by the firm or by RBC, with account custody and execution routed through affiliated introducing broker-dealer arrangements.
The firm emphasizes individualized advice and works with clients to define objectives, risk tolerance and constraints, then implements strategies that can include strategic and tactical asset allocation, value-oriented selections, and a mix of fundamental and technical analysis. FBL Wealth Management itself states it does not accept discretionary authority to manage accounts, and instead relies on third-party sub‑advisers or overlay managers to exercise discretionary trading for client accounts when those services are used.
Noteworthy distinctions include the firm’s affiliation with FBL Financial Group and the Farm Bureau distribution network and its integrated use of affiliated broker‑dealer and insurance channels, which shapes how advice and implementation are offered. It also maintains practices that are less common among similar enterprises: it reports that the advisor-level relationships are primarily non‑discretionary while relying on delegated discretionary managers for execution, and it periodically publishes general educational newsletters and seminars for clients.
Client services
Expertise
Occupation focus
Fee options
Fixed fee for financial planning services up to $5,000, negotiable and may be waived
$0 - $249,999: 2.000% $250,000 - $499,999: 1.750% $500,000 - $999,999: 1.500% $1,000,000 - $2,999,999: 1.250% $3,000,000+: 1.000%
Investment Adviser Representatives may earn commissions as registered representatives of affiliated broker-dealer, selling securities and insurance products
Hourly rate for financial planning services, negotiable, up to $5,000 maximum fee
Account minimum: $1,000,000 Fee-only: Fixed fee for financial planning services up to $5,000; hourly fees may apply, with maximums not exceeding $5,000; negotiable and may be waived if advisory account opened
Main office
See office5400 University Avenue
West Des Moines IA 50266
Advisors at this office
243
Offices (2)
Most active in
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Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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