FBL Wealth Management, LLC logo

FBL Wealth Management, LLC

Updated today

Client assets under management

$9,240,933

Clients

8,258

0% high-net worth

Advisors

219

of 219 employees

Firm type

Multi Team

Clients per advisor

38

Low

Average account size

$1,119

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

Financial planning Portfolio management Selection of other advisers Newsletters or periodicals Educational seminars or workshops

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities

Occupation focus

Executive Founder/Business Owner

Fee options

Fixed

Fixed fee for financial planning services up to $5,000, negotiable and may be waived

Percentage

$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%

Commissions

Investment Adviser Representatives may earn commissions as registered representatives of affiliated broker-dealer, selling securities and insurance products

Project-based

Hourly rate for financial planning services, negotiable, up to $5,000 maximum fee

Other

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 location

FBL Wealth Management, LLC

5400 University Avenue

West Des Moines IA 50266, United States

Number of offices

192

Most active in

Alabama · Alaska · Arizona · Arkansas · Colorado · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Mexico · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Kiley I

Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Kiley Ingersoll is an Investment Adviser Representative at FBL Wealth Management, LLC with a Series 66 designation and no prior industry experience. Before joining FBL, Kiley worked at the Wyoming Business Council and Uinta B.O.C.E.S. #1. Outside of advising, Kiley is involved in insurance sales and owns an insurance services LLC. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, utilizing third-party portfolio managers and sub-advisers, and offers written financial planning along with educational seminars and newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Sarah S

Series 63, Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Sarah Schechinger is a financial advisor with FBL Wealth Management, LLC, holding Series 63 and Series 66 licenses and bringing 24 years of industry experience. Her prior work includes roles at U.S. Bank and U.S. Bancorp Investments, Inc. She is currently associated with FBL Marketing Services, LLC and FBL Financial Group. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities, offering investment management primarily through third-party portfolio managers and sub-advisers. The firm emphasizes a mostly non-discretionary investment approach and provides written financial planning alongside educational seminars and newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Eric H

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Eric Hanson is a financial advisor with FBL Wealth Management, LLC, holding Series 63 and Series 65 licenses and bringing 25 years of industry experience. He has worked with FBL Financial Group since 2019 and has been involved with Equitrust Marketing Serv LLC and Farm Bureau since 2000. Outside of his advisory role, Hanson is an owner and operator of a row crop farming business in Pomeroy, Iowa. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, utilizing third-party portfolio managers and sub-advisers to implement day-to-day investment decisions while providing written financial planning and educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Justin D

Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Justin Drake is a financial advisor at FBL Wealth Management, LLC in West Des Moines, IA, holding a Series 66 designation with one year of industry experience. His prior work includes roles at HomeServices Lending and FBL Financial Group. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, relying on third-party portfolio managers and offering financial planning through written deliverables and educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Nicholas S

CFP®, Series 63

West Des Moines, IA

FBL Wealth Management, LLC

Nicholas Smith is a CFP® with 14 years of industry experience, currently serving as an Investment Adviser Representative at FBL Wealth Management, LLC in West Des Moines, IA. He has been involved with FBL Marketing Services, LLC and Farm Bureau since 2011. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm primarily offers investment management through third-party portfolio managers and provides written financial planning and educational resources within a non-discretionary advisory framework.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Jeremy V

Series 63, Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Jeremy Vanderzyl is a financial advisor with FBL Wealth Management, LLC in West Des Moines, IA, holding Series 63 and Series 66 credentials and two years of industry experience. Prior to his advisory role, he was involved with Duncan Family Farms for over a decade and currently provides technical agricultural consulting through his ownership of Diamond Block Services. Vanderzyl also works as an insurance agent affiliated with Farm Bureau Financial Services. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, relying on third-party portfolio managers and offering written financial planning and educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Jeffrey B

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Jeffrey Bradley is a financial advisor at FBL Wealth Management, LLC with 16 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including FBL Financial Group, Farm Bureau Financial Services, MML Investors Services LLC, and MassMutual Life Insurance Company. Outside of his advisory role, he is involved in real estate sales through ownership of Bradley Properties LLC. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, utilizing third-party portfolio managers and sub-advisers to execute client strategies, and provides written financial planning along with educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Anna L

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Anna Lawless is a financial advisor with FBL Wealth Management, LLC in West Des Moines, IA, holding Series 63 and Series 65 credentials and seven years of industry experience. She has worked at FBL Financial Group since 2019 and was previously an agent at Farm Bureau Financial Services from 2008 to 2018. Outside of advisory work, she volunteers assisting with bookkeeping at Clear Choice Auto Glass. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, utilizing third-party portfolio managers and RBC-sponsored wrap platforms to manage client assets, and provides written financial planning alongside occasional educational newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Kebbi H

Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Kebbi Hutto is a financial advisor at FBL Wealth Management, LLC with seven years of industry experience. He holds the Series 66 designation and has previously worked at NYLIFE Securities LLC and New York Life Insurance Company. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, relying on third-party portfolio managers and sub-advisers, and offers written financial planning alongside educational seminars and newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Jason S

Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Jason Salz is an advisor at FBL Wealth Management, LLC with 13 years of industry experience. He holds the Series 66 designation and has worked at Farm Bureau since 2016. Salz is also involved with FBL Marketing Serv LLC, where he has been active since 2012. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach, utilizing third-party portfolio managers and sub-advisers, and provides written financial planning along with educational seminars and newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Jeanine P

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Jeanine Pendergrass is an investment adviser representative at FBL Wealth Management, LLC with 11 years of industry experience. She holds Series 63 and Series 65 licenses and has worked at FBL Marketing Services since 2015 and McClure Insurance LLC since 2012. Pendergrass is also an insurance agent affiliated with Farm Bureau Life and related companies. FBL Wealth Management serves a diverse client base including individuals, retirement plans, trusts, and charitable organizations, focusing on investment management through wrap-fee programs and written financial planning. The firm primarily uses third-party portfolio managers and operates a mostly non-discretionary advisory model.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Caleb L

Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Caleb Laurence is a Series 66-registered advisor at FBL Wealth Management, LLC with experience beginning in 2018 across various roles including positions at Kandiyohi County and Bemidji State University. He has been with FBL Financial Group since 2023. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm primarily employs a non-discretionary investment approach, utilizing third-party portfolio managers and sub-advisers while providing written financial planning and educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Stephen G

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Stephen Goucher is a financial advisor at FBL Wealth Management, LLC with 30 years of industry experience. He holds Series 63 and Series 65 credentials and has worked with Farm Bureau Financial Services since 1999. Goucher also serves as an officer and director of two nonprofit community organizations. FBL Wealth Management serves individual investors, retirement plans, trusts, charitable organizations, and corporate entities by providing investment management through wrap-fee programs, written financial planning, and educational seminars. The firm primarily employs third-party portfolio managers for discretionary trading and emphasizes a non-discretionary advisory model.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Beau J

Series 63, Series 66

West Des Moines, IA

FBL Wealth Management, LLC

Beau Jorgensen is a financial advisor with FBL Wealth Management, LLC, holding Series 63 and Series 66 credentials and bringing 21 years of industry experience. He has worked with Equitrust Marketing LLC and Farm Bureau since 2005. Outside of advisory work, he is engaged full-time in insurance sales through the Jorgensen Agency, Inc. FBL Wealth Management serves individual investors, retirement plans, trusts, charitable organizations, and corporate entities by providing investment management primarily through third-party portfolio managers and written financial planning. The firm’s model emphasizes a primarily non-discretionary structure and offers educational seminars and newsletters.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
user avatar

Brian M

Series 63, Series 65

West Des Moines, IA

FBL Wealth Management, LLC

Brian Mc Keighen is a financial advisor with FBL Wealth Management, LLC in West Des Moines, IA, holding Series 63 and Series 65 licenses and possessing 15 years of industry experience. His prior roles include positions at LPL Financial, Trilogy Capital, Trilogy Financial Services, and National Planning Corporation. Outside of advisory work, he is involved in farming through ownership of Belenus Farms LLC. FBL Wealth Management serves a diverse client base including individual investors, retirement plans, trusts, charitable organizations, and corporate entities. The firm emphasizes a primarily non-discretionary investment approach by utilizing third-party portfolio managers and provides written financial planning along with educational resources.

Wealth management Retirement plans for business owners (SEP, solo 401k) Annuities Executive Founder/Business Owner
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