FBL WEALTH MANAGEMENT, LLC
Adviser information for FBL WEALTH MANAGEMENT, LLC last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Iowa, United States |
Employees
| Total Number of Employees | 168 |
|---|---|
| Investment Advisory/Research | 129 |
| Registered Broker-Dealer Representatives | 166 |
| Registered State Investment Advisers | 168 |
| Licensed Agents of an Insurance Company | 159 |
| No. of Firms/People that Solicit Clients | 400 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 1 | $8.6M |
| Total | 1 | $8.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 4,900 | $0 |
| HNW Individuals | 16 | $8.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 16 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 122 | $0 |
| Other | 39 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 5053 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Publication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesTHIRD-PARTY MANAGEMENT FEES |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 8.6M |
| Portfolio Manager | 0 |
| Both for Same | 0 |
Identifiers
| SEC RIA File Number | 801-113458 |
|---|---|
| SEC ERA File Number | 801-113458 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 291396 |
| Legal Entity Identifier | None |
Principal Office
5400 UNIVERSITY AVENUEWEST DES MOINES
IA
United States
Monday - Friday, 8:00AM - 4:30PM
Tel: 515-225-5400, Fax: None
Chief Compliance Officer
JENNIFER MORGAN
CORPORATE COMPLIANCE OFFICER & COMPLIACE VP
5400 UNIVERSITY AVENUE
WEST DES MOINES
IA
United States
Tel:
515-225-5400
Fax:
515-453-3379
J**************@*******M
(Full email address available in API data)
Regulatory Contact
MICHAEL O'TOOL
COMPLIANCE DIRECTOR
5400 UNIVERSITY AVENUE
WEST DES MOINES
IA
United States
Tel:
515-225-5400
M************@*******M
(Full email address available in API data)
Industry Affiliates
| FARM BUREAU LIFE INSURANCE COMPANY | Insurance company or agency |
| FBL MARKETING SERVICES, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FBL FINANCIAL GROUP, INC. | Domestic Entity | – | OWNER | 01/2018 | > 75% |
| MORGAN, JENNIFER, LEA | Individual | – | CHIEF COMPLIANCE OFFICER | 02/2018 | < 5% |
| IOWA FARM BUREAU FEDERATION | Domestic Entity | FBL FINANCIAL GROUP, INC. | OWNER | 06/1970 | 50-75% |
| GLEASON, MATHEW, EVERETTE | Individual | – | PRESIDENT | 01/2020 | < 5% |
| GEADELMANN, LORI, KAY | Individual | – | GENERAL COUNSEL AND SECRETARY | 06/2018 | < 5% |
| ALDRIDGE, ANTHONY, JAMES | Individual | – | CHIEF ACCOUNTING OFFICER | 06/2018 | < 5% |
| MAY, CLINT, JAMES | Individual | – | VICE PRESIDENT ASSISTANT GENERAL COUNSEL | 06/2018 | < 5% |
| MCGONEGLE, JULIE, MARIE | Individual | – | FINANCIAL SERVICES ADMINISTRATION VP | 01/2022 | < 5% |
| FARM BUREAU PROPERTY & CASUALTY INSURANCE COMPANY | Domestic Entity | FBL FINANCIAL GROUP, INC. | OWNER | 05/2021 | 25-50% |
| FARM BUREAU MULTI-STATE SERVICES, INC. | Domestic Entity | FARM BUREAU PROPERTY & CASUALTY INSURANCE COMPANY | OWNER | 05/2021 | > 75% |
| FARM BUREAU MUTUAL HOLDING COMPANY | Domestic Entity | FARM BUREAU MULTI-STATE SERVICES, INC. | OWNER | 05/2021 | > 75% |
| O'TOOL, MICHAEL, DEAN | Individual | – | DIRECTOR COMPLIANCE | 01/2022 | < 5% |
| EDDY, KELLI, ANN | Individual | – | CHIEF OPERATING OFFICER | 12/2020 | < 5% |
| SEIBEL, DONALD, JOSEPH | Individual | – | CHIEF FINANCIAL OFFICER | 01/1996 | < 5% |
| WICKHAM, MARK | Individual | – | GENERAL COUNSEL AND SECRETARY | 05/2023 | < 5% |