Wealth manager, public-company owned · West DES Moines, IA
FBL Wealth Management, LLC
SEC-registered investment adviser · CRD 291396 · SEC 801-113458
At a glance
FBL Wealth Management, LLC is an SEC-registered investment adviser based in West DES Moines, Iowa, with $9 million in regulatory assets under management as of its Form ADV filed June 22, 2026. Its largest client group by assets is high-net-worth individuals. By Form ADV it is a wealth manager (public-company owned), ranked 8,755th of 8,915 wealth managers and 16,306th of 17,210 SEC-registered advisers by assets.
Main office 515-225-5400LinkedInAs filed on Form ADV
- Regulatory AUM
- $9M
- Rank among wealth managers
- #8,755 of 8,915
- Rank among all SEC RIAs
- #16,306 of 17,210
- Rank in Iowa
- #87 of 91
- Clients
- 0
- Accounts
- 1
- Discretionary
- 0% of AUM
- Employees
- 207
- Advisory staff
- 170
- Offices
- 192
Owners and executives on its Form ADV
- Jennifer L. MorganChief Compliance Officer
- Mathew E. GleasonPresident
- Clint J. MayVice President Assistant General Counsel
- Michael D. O'ToolDirector Compliance
- Donald J. SeibelChief Financial Officer
- Mark D. WickhamGeneral Counsel and Secretary
- Christopher T. ShryackVP Financial Services Sales
- Michael GoodyearVP Financial Services Operations
Custody and brokerage
Custodian
FBL Wealth Management, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
FBL Wealth Management, LLC is a hybrid RIA: 207 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: FBL Marketing Services, LLC.
- FBL Marketing Services, LLC ↗CRD 5309
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed March 2026) names FBL Marketing Services as the broker-dealer its advisers are registered with.
Some Investment Adviser Representatives are securities registered representatives of FBL Marketing Services, LLC, a securities broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | – | $9M | 100% |
Disciplinary disclosures
FBL Wealth Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
- Periodicals or newsletters
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on FBL Wealth Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 125 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does FBL Wealth Management, LLC manage?
FBL Wealth Management, LLC reports $9 million in regulatory assets under management across 1 accounts, on its Form ADV filed June 22, 2026.
What kind of firm is FBL Wealth Management, LLC?
FBL Wealth Management, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals. A public reporting company controls it.
Who are FBL Wealth Management, LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($9 million).
Does FBL Wealth Management, LLC have any disciplinary history?
FBL Wealth Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is FBL Wealth Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-22), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →