West Des Moines, IA logo

West Des Moines, IA Office

Team
Updated today
Five Talents Financial Management Group LLC logo

Five Talents Financial Management Group LLC

Team

Firm-wide stats for Five Talents Financial Management Group LLC

Total advisors

5

Across 2 offices

Clients per advisor

208 Very High

Avg AUM per client

$245,724 Very Low

HNW client ratio

5% Very Low

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.

Based on Five Talents Financial Management Group LLC

Expertise

Wealth management

Based on Five Talents Financial Management Group LLC

Location

1441 29th Street Ste 310

West Des Moines IA 50266

Advisors at this office

5

Advisors at this office

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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.

Wealth management
user avatar

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.

Wealth management
user avatar

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.

Wealth management
user avatar

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.

Wealth management
user avatar

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.

Wealth management
View complete list of advisors at this office
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