Five Talents Financial Management Group LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Five Talents Financial Management Group provides wealth management, financial planning, and qualified retirement plan advisory services to individuals (including high-net-worth clients), plan sponsors, corporations, trusts, and other entities. The firm offers continuous portfolio management through its Wealth Management Program, as well as one-off and ongoing financial planning and referrals to unaffiliated advisers for specialized programs.
FTFMG typically gathers client information through an Investor Profile Questionnaire and works under limited discretionary authority to implement portfolios aligned with objectives such as income, growth with income, balanced, growth, and aggressive growth. Advisors use a mix of analytical methods — including charting, fundamental, technical, cyclical and quantitative analysis and modern portfolio theory — and employ both short- and long-term trading with periodic reviews to monitor suitability.
Distinctive features include a high client-to-advisor load (1,039 clients across five advisors, implying roughly 200+ clients per advisor), which indicates a more scaled client coverage model than most peer teams. The firm also emphasizes retirement-plan participant education and enrollment support — an educational/workshop focus that is relatively uncommon among similar advisers — and its advisors are dually licensed to implement recommendations through broker-dealer and insurance channels when clients elect that option.
Client services
Expertise
Fee options
Qualified Retirement Plan Program flat fee up to $5,000 annually (negotiable)
$0+: up to 2% annually (negotiable) Wealth Management Fee $0+: up to 0.75% annually for Qualified Retirement Plan Program (negotiable) $0+: up to $5,000 flat fee annually for Qualified Retirement Plan Program (negotiable)
Commissions earned by IARs in separate capacities as registered representatives or insurance agents
Up to $400/hour for Financial Planning Services (negotiable)
Account minimum: $100,000 Minimum fee: Minimum fee of $10,000 for Qualified Retirement Plan Program (negotiable) Fee-only: Financial Planning Services up to $400/hour (negotiable)
Main office
See office1441 29th Street Ste 310
West Des Moines IA 50266
Advisors at this office
5
Offices (2)
Most active in
Arizona · Colorado · Iowa · Kansas · Minnesota · Missouri · Nebraska · Oregon · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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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.
Advisors at this firm
Scott B
Series 63, Series 65
West Des Moines, IA
Five Talents Financial Management Group LLC
Scott Barsness is a financial advisor with Five Talents Financial Management Group LLC in West Des Moines, IA. He holds Series 63 and Series 65 licenses and has five years of industry experience. Barsness previously worked at Wells Fargo from 2011 to 2019 before joining Five Talents Financial Management Group and LPL Financial LLC in 2020. Five Talents Financial Management Group advises individuals, including high-net-worth clients, as well as profit-sharing and pension plans, corporations, and trusts. The firm manages approximately $210 million in discretionary assets for over 1,000 clients, offering wealth management, financial planning, and qualified retirement plan services through a combination of analytical techniques and both short- and long-term investment strategies.
Eric O
Series 65
West Des Moines, IA
Five Talents Financial Management Group LLC
Eric Ott is a Series 65-credentialed financial advisor with Five Talents Financial Management Group LLC in West Des Moines, IA. He has one year of industry experience and a diverse background including roles in education and retail. Five Talents Financial Management Group provides wealth management, financial planning, and qualified retirement plan advisory services to individuals, plan sponsors, corporations, and trusts. The firm utilizes a variety of analytical methods to tailor portfolios and emphasizes client education, particularly in retirement-plan participant support.
Herbert M
Series 63, Series 65
West Des Moines, IA
Five Talents Financial Management Group LLC
Herbert Modglin is a financial advisor with Five Talents Financial Management Group LLC, holding Series 63 and Series 65 credentials and over 34 years of industry experience. He has been with Five Talents since 2020 and has prior experience at LPL Financial and VisionPoint Advisory Group. Modglin is also licensed as an insurance agent, soliciting life and term insurance. Five Talents Financial Management Group advises individuals, including high-net-worth clients, as well as profit-sharing and pension plans, corporations, and trusts. The firm manages approximately $210 million in discretionary assets and employs a Wealth Management Program that combines various analytical techniques and both short- and long-term strategies, serving a high client load with standardized processes and offering retirement plan education and support.
Donald B
Series 63, Series 65
Medford, OR
Five Talents Financial Management Group LLC
Donald Boyd is a financial advisor with Five Talents Financial Management Group LLC in Medford, OR, holding Series 63 and Series 65 licenses and bringing 25 years of industry experience. He has been with Five Talents since 2020 and has worked with LPL Financial LLC since 2000. Five Talents Financial Management Group advises individuals, including high-net-worth clients, as well as profit-sharing and pension plans, corporations, and trusts, providing wealth management, financial planning, and qualified retirement plan services. The firm manages approximately $210 million in discretionary assets for over 1,000 clients and employs a mix of analysis techniques and both short- and long-term strategies through its Wealth Management Program.
Gregory B
ChFC®, Series 63, Series 65
West Des Moines, IA
Five Talents Financial Management Group LLC
Gregory Bendinger is a ChFC® credentialed financial advisor with 16 years of industry experience, currently practicing at Five Talents Financial Management Group LLC in West Des Moines, IA. He has been with Five Talents since 2020 and has also worked with LPL Financial LLC since 2013. Outside of his advisory role, he serves as a Staff Sergeant in the Iowa Air National Guard. Five Talents Financial Management Group advises individuals, corporations, and retirement plans, managing approximately $210 million in discretionary assets. The firm employs a mix of analytical techniques and both short- and long-term strategies, delivering advice through a Wealth Management Program that includes investor profiling and limited discretionary trading authority.
Jeff J
Series 66
West Des Moines, IA
Five Talents Financial Management Group LLC
Jeff Jergens is a financial advisor with Five Talents Financial Management Group LLC in West Des Moines, IA. He holds a Series 66 designation and has 12 years of industry experience. His work history includes roles at Five Talents Financial Management Group since 2020, LPL Financial since 2014, and Jergens Investments, Inc. since 2013. Five Talents Financial Management Group advises individuals, including high-net-worth clients, as well as profit-sharing and pension plans, corporations, trusts, and other entities. The firm offers wealth management, financial planning, and qualified retirement plan services, managing approximately $210 million in discretionary assets for over 1,000 clients.
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