Wealth manager, independent · West DES Moines, IA
Five Talents Financial Management Group LLC
SEC-registered investment adviser · CRD 307987 · SEC 801-119235
At a glance
Five Talents Financial Management Group LLC is an SEC-registered investment adviser based in West DES Moines, Iowa, with $256 million in regulatory assets under management as of its Form ADV filed March 3, 2026. Its largest client group by assets is individuals, and it reports 1,039 individual clients. By Form ADV it is a wealth manager, ranked 4,907th of 8,915 wealth managers and 10,961st of 17,210 SEC-registered advisers by assets.
Main office 515-223-7487ftfmg.comAs filed on Form ADV
- Regulatory AUM
- $256M
- Rank among wealth managers
- #4,907 of 8,915
- Rank among all SEC RIAs
- #10,961 of 17,210
- Rank in Iowa
- #60 of 91
- Individual clients
- 1,039
- High-net-worth clients
- 47
- Accounts
- 1,042
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 5
- Offices
- 2
Owners and executives on its Form ADV
- Donald G. Boyd IIMember
- Herbert E. ModglinMember
- Gregory S. BendingerMember/ Chief Compliance Officer
- Jeff A JergensMember
- Scott N. BarsnessMember
Custody and brokerage
Broker-dealer
Hybrid RIA
Five Talents Financial Management Group LLC is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
When a Financial Planning Service client implements the advice of an FTFMG’s IAR, the client may do so through the IAR in his separate capacity as an FTFMG IAR, registered representative of LPL and/or an insurance agent.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 992 | $166M | 65% |
| High-net-worth individuals | 47 | $89M | 35% |
| Corporations or other businesses | – | $1M | <1% |
| Charitable organizations | – | $0M | <1% |
Disciplinary disclosures
Five Talents Financial Management Group 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
- Selecting other advisers
- Educational seminars and workshops
- Other services
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 ↗ftfmg.com ↗
AtlasMembers
The full record on Five Talents Financial Management Group 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, 5 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 6,377 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Five Talents Financial Management Group LLC manage?
Five Talents Financial Management Group LLC reports $256 million in regulatory assets under management across 1,042 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 3, 2026.
What kind of firm is Five Talents Financial Management Group LLC?
Five Talents Financial Management Group 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.
Who are Five Talents Financial Management Group LLC’s clients?
By assets, its largest client types are individuals ($166 million, 992 clients); high-net-worth individuals ($89 million, 47 clients); corporations or other businesses ($592,150).
Does Five Talents Financial Management Group LLC have any disciplinary history?
Five Talents Financial Management Group 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 Five Talents Financial Management Group 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 (2026-03-03), 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 →