Fbl Investment Management Services, Inc

CRD#5308
Investment Advisor Firm

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Learn more about Fbl Investment Management Services, Inc

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Overview

    Fbl Investment Management Services, Inc is a financial advisory company based in West Des Moines, Iowa. The firm has $423.6 million in assets under management throughout seven accounts, placing it among the bigger investment advisory firms in the country by assets under management (AUM). Fbl Investment Management Services, Inc has a small team of 11 employees, including six financial advisors. Fbl Investment Management Services, Inc does not act as a registered broker-dealer, meaning it cannot buy and sell securities for its customers' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable financial investments such as bonds, options and equities.

    Fbl Investment Management Services, Inc manages more than half of its client assets on a discretionary basis. Discretionary management is a structure in which transaction judgments are made by an investment advisor without needing to seek the customer's authorization. The firm also oversees one non-discretionary accounts totaling $551,480 in assets under management. The firm supervises about $60.5 million for every client account. The average advisor at Fbl Investment Management Services, Inc manages about one client account, making it one of the most individualized financial advisor firms in the country.

    The firm's central office is at 5400 University Ave, West Des Moines, Iowa 50266-5997. The company is permitted to serve investors throughout 15 U.S. states and territories.

    Assets Under Management

    $423.6 million

    Number of Advisors

    6

    Disclosures

    No

    Office Location

    5400 University Ave
    West Des Moines, IA 50266-5997

    Fbl Investment Management Services, Inc by the Numbers

    Total Assets Under Management

    $423.6 million

    National Average: $3.3 billion
    Total Number of Employees

    11

    National Average: 31
    Total Number of Accounts

    7

    National Average: 1,935
    Average Account Size

    $60.5 million

    National Average: $1.7 million

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    Fee Structure

    Fees charged by financial advisors largely vary depending on the type of financial services offered. Fees billed by Fbl Investment Management Services, Inc most likely consist of some combination of the following fee types: asset-based or fixed. Fbl Investment Management Services, Inc does not participate in a wrap fee program, in which the firm offers a bundle of services for a single fee.

    Available

    • Offered by 72% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 39% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 35% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 2% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 17% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 1% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 12% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    Fbl Investment Management Services, Inc caters to insurance companies and corporations. Out of its seven accounts, Fbl Investment Management Services, Inc's biggest client by number of accounts is corporations. None of its accounts are from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Fbl Investment Management Services, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    This content was compiled from the SEC and FINRA