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For asset managers

Ranking, Iowa

Fastest-growing independent RIAs over one year in Iowa

As of October 2, 2026, Friday Financial ranked #1 in Iowa in AdvisorIQ's ranking of fastest-growing independent RIAs over one year, with 94.5%, from a base of $210.5 million.

Include wirehouses and broker-dealer firms

SEC-registered firms ranked by the change in RAUM between the SEC snapshots of September 2, 2025 and October 2, 2026, for firms with at least $100 million in RAUM in the earlier snapshot. The value is a fraction (0.25 is 25 percent) and base_value is the starting RAUM. Firms whose figure grew more than 300 percent are left out: on Form ADV that almost always reflects a merger, an acquisition or assets moved from an affiliated adviser rather than growth, and each firm's own page still shows the change. Independent wealth management RIAs are ranked: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. The all wealth firms view ranks the same way with those broker-dealer affiliated firms added. Asset managers, private fund managers, pension consultants and platform managers are never ranked (see the methodology). Only SEC-registered firms are ranked: the state-registered firm data is current only, with no earlier snapshots. Growth includes market movement, net new assets and acquisitions. State lists use each firm's main office state, or its registration state when the main office is not public. The US list leaves out firms whose main office is outside the United States. Equal values share a rank and are listed by CRD number.

Fastest-growing independent RIAs over one year in Iowa
Rank Firm City Growth Starting value
1 Friday Financial Dubuque 94.5% $210.5 million
2 Beacon Capital, LLC Cedar Rapids 57.9% $176.2 million
3 DMKC Advisory Services, LLC Des Moines 35.0% $668.7 million
4 Foster Group, Inc. West Des Moines 34.8% $3.5 billion
5 Merkle Retirement Planning Grimes 32.7% $428.5 million
6 LSB Wealth Management Ankeny 32.2% $173.0 million
7 Arnold and Mote Wealth Management Hiawatha 31.1% $128.3 million
8 Paladin Wealth Partners Clive 31.0% $213.6 million
9 Legacy Bridge Private Family Offices West Des Moines 30.6% $325.9 million
10 Des Moines Investments, LLC Des Moines 29.5% $190.0 million
11 Kane Company Wealth Management, Inc. Johnston 29.4% $220.0 million
12 Wealth Advisors Group, LLC Coralville 29.0% $215.9 million
13 TFP Management, LLC Bettendorf 25.4% $217.7 million
14 Gilbert & Cook, Inc. West Des Moines 24.7% $1.4 billion
15 RIA Advisory Group, LLC Des Moines 24.5% $456.5 million
16 Midwestern Financial Group Iowa City 24.1% $139.3 million
17 Vivid Wealth Management, LLC West Des Moines 23.9% $234.7 million
18 PLAN2THRIVE Financial Eldridge 23.7% $119.3 million
19 Cedar Point Capital Partners, LLC Cedar Rapids 23.5% $200.9 million
20 Aegis Wealth Management, Inc. Guthrie Center 23.0% $176.0 million
21 Independent Wealth Network, Inc. Urbandale 22.7% $422.6 million
22 AO Wealth Advisory Urbandale 22.4% $174.2 million
23 Compass Financial Services West Des Moines 22.1% $333.7 million
24 Matheson & Rock Wealth Management, LLC Davenport 21.8% $435.0 million
25 Five Talents Financial Management Group LLC West Des Moines 21.6% $210.4 million
26 Wilon Wealth Management Urbandale 21.5% $217.4 million
27 Forrest Financial Services Windsor Heights 21.3% $127.0 million
28 Nikulski Financial, Inc. Bettendorf 21.2% $370.5 million
29 Peterson Financial Group, Inc. Des Moines 20.8% $247.6 million
30 Weis Advisory Clive 20.1% $187.9 million
31 Legacy Financial Group Des Moines 19.9% $840.4 million
32 Mokosak Advisory Group, LLC Urbandale 19.9% $345.3 million
33 Wealthspan Partners, LLC Davenport 19.1% $378.8 million
34 Wealth Advisors of Iowa, LLC West Des Moines 19.1% $453.1 million
35 Accel Wealth Management Waverly 17.8% $974.0 million
36 Steele Capital Management, Inc. Dubuque 17.0% $3.0 billion
37 Rda Financial Network Akron 16.7% $578.7 million
38 The Life Group Financial Services Dubuque 16.3% $125.7 million
39 Clarity Asset Management, Inc. Ames 15.7% $222.4 million
40 Boyle Capital West Des Moines 14.6% $298.3 million
41 Acadia Legacy Group Clive 14.2% $116.6 million
42 Basepoint Wealth, LLC Cedar Rapids 13.9% $776.2 million
43 Dynamic Financial Group Cedar Falls 13.7% $474.5 million
44 Quad-Cities Investment Group, LLC Davenport 13.3% $375.6 million
45 Iowa Wealth Management, LLC West Des Moines 11.8% $110.9 million
46 Water Valley Investment Advisors, Inc. Sioux Center 11.4% $141.2 million
47 Cedar Valley Wealth Advisors Cedar Falls 11.3% $155.0 million
48 Tuve Investment Management, Inc. Waterloo 10.8% $133.3 million
49 Valiant Wealth, LLC West Des Moines 10.7% $382.1 million
50 West Financial Advisors, L.L.C. Des Moines 10.4% $610.5 million
51 Pecaut Wealth Management Sioux City 8.9% $350.5 million
52 Bridgeway Wealth Management, LLC Cedar Rapids 8.7% $151.5 million
53 Ballast Capital Advisors, LLC West Des Moines 3.2% $318.4 million
54 Capital View Wealth Management, LLC Des Moines 2.2% $126.1 million
55 Syverson Strege West Des Moines 1.2% $900.5 million
56 Bradford Financial Center Clarion -1.1% $232.3 million

56 firms ranked. Figures are as firms reported them on Form ADV.

More rankings

Fastest growing by state

Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.