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AdvisorIQ

Ranking, Iowa

Largest wealth firms by assets under management, including broker-dealer firms in Iowa

As of October 2, 2026, Cambridge Investment Research Advisors, Inc. ranked #1 in Iowa in AdvisorIQ's ranking of largest wealth firms by assets under management, including broker-dealer firms, with $138.7 billion.

Showing all wealth firms, including wirehouses and broker-dealer firms. Independent RIAs only

SEC-registered and state-registered firms that report RAUM, ranked by RAUM. 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). RAUM is regulatory assets under management (Form ADV Item 5.F(2)(c)) as reported in each firm's latest Form ADV filing in the data of October 2, 2026, usually as of the firm's last fiscal year end. Firms reporting no RAUM are not ranked. 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.

Rank Firm City RAUM
1 Cambridge Investment Research Advisors, Inc. Broker-dealer affiliated Fairfield $138.7 billion
2 Transamerica Retirement Advisors, LLC Broker-dealer affiliated Cedar Rapids $18.8 billion
3 Principal Securities, Inc. Broker-dealer affiliated Des Moines $17.0 billion
4 Avantax Planning Partners, Inc. Broker-dealer affiliated Dubuque $7.6 billion
5 Integrity Alliance, LLC Broker-dealer affiliated Urbandale $5.4 billion
6 Foster Group, Inc. West Des Moines $4.8 billion
7 Nations Financial Group, Inc. Broker-dealer affiliated Cedar Rapids $4.8 billion
8 BFC Planning, Inc. Broker-dealer affiliated Cedar Rapids $3.8 billion
9 Ausdal Financial Partners, Inc. Broker-dealer affiliated Davenport $3.7 billion
10 Steele Capital Management, Inc. Dubuque $3.5 billion
11 Gilbert & Cook, Inc. West Des Moines $1.7 billion
12 Principal Advised Services Broker-dealer affiliated Des Moines $1.4 billion
13 Accel Wealth Management Waverly $1.1 billion
14 Northwest Wealth Management, LLC Broker-dealer affiliated Spencer $1.0 billion
15 Legacy Financial Group Des Moines $1.0 billion
16 Syverson Strege West Des Moines $910.8 million
17 Berthel Fisher & Company Financial Services, Inc. Broker-dealer affiliated Cedar Rapids $906.4 million
18 DMKC Advisory Services, LLC Des Moines $902.5 million
19 Basepoint Wealth, LLC Cedar Rapids $883.8 million
20 Rda Financial Network Akron $675.2 million
21 West Financial Advisors, L.L.C. Des Moines $674.2 million
22 Merkle Retirement Planning Grimes $568.8 million
23 RIA Advisory Group, LLC Des Moines $568.4 million
24 Dynamic Financial Group Cedar Falls $539.6 million
25 Wealth Advisors of Iowa, LLC West Des Moines $539.4 million
26 Matheson & Rock Wealth Management, LLC Davenport $530.0 million
27 Independent Wealth Network, Inc. Urbandale $518.4 million
28 Wealthspan Partners, LLC Davenport $451.1 million
29 Nikulski Financial, Inc. Bettendorf $449.0 million
30 FSB Premier Wealth Management, Inc. Broker-dealer affiliated Waterloo $431.7 million
31 Legacy Bridge Private Family Offices West Des Moines $425.8 million
32 Quad-Cities Investment Group, LLC Davenport $425.5 million
33 Valiant Wealth, LLC West Des Moines $423.1 million
34 Mokosak Advisory Group, LLC Urbandale $413.9 million
35 Friday Financial Dubuque $409.3 million
36 Compass Financial Services West Des Moines $407.4 million
37 Midwest Heritage Financial Advisors Broker-dealer affiliated West Des Moines $398.7 million
38 Pecaut Wealth Management Sioux City $381.8 million
39 Boyle Capital West Des Moines $342.0 million
40 Ballast Capital Advisors, LLC West Des Moines $328.7 million
41 Weitzel Financial Services, Inc. Broker-dealer affiliated Dubuque $327.8 million
42 Peterson Financial Group, Inc. Des Moines $299.2 million
43 Vivid Wealth Management, LLC West Des Moines $290.9 million
44 Kane Company Wealth Management, Inc. Johnston $284.7 million
45 Paladin Wealth Partners Clive $279.8 million
46 Wealth Advisors Group, LLC Coralville $278.5 million
47 Beacon Capital, LLC Cedar Rapids $278.3 million
48 Oasis Advisors Forest City $277.7 million
49 TFP Management, LLC Bettendorf $273.0 million
50 Wilon Wealth Management Urbandale $264.1 million
51 Clarity Asset Management, Inc. Ames $257.4 million
52 Five Talents Financial Management Group LLC West Des Moines $256.0 million
53 Cedar Point Capital Partners, LLC Cedar Rapids $248.1 million
54 Des Moines Investments, LLC Des Moines $246.0 million
55 Bradford Financial Center Clarion $229.7 million
56 LSB Wealth Management Ankeny $228.8 million
57 Weis Advisory Clive $225.6 million
58 Aegis Wealth Management, Inc. Guthrie Center $216.5 million
59 AO Wealth Advisory Urbandale $213.2 million
60 Midwestern Financial Group Iowa City $172.8 million
61 Cedar Valley Wealth Advisors Cedar Falls $172.5 million
62 Arnold and Mote Wealth Management Hiawatha $168.2 million
63 Bridgeway Wealth Management, LLC Cedar Rapids $164.6 million
64 Water Valley Investment Advisors, Inc. Sioux Center $157.2 million
65 Forrest Financial Services Windsor Heights $154.0 million
66 Tuve Investment Management, Inc. Waterloo $147.7 million
67 PLAN2THRIVE Financial Eldridge $147.5 million
68 The Life Group Financial Services Dubuque $146.2 million
69 Van Diest Capital Polk City $144.1 million
70 Lane Family Wealth Management North Liberty $142.7 million
71 Keystone Wealth Management Waterloo $137.4 million
72 Acadia Legacy Group Clive $133.2 million
73 Capital View Wealth Management, LLC Des Moines $128.8 million
74 BSC Capital Partners, LLC West Des Moines $125.8 million
75 Iowa Wealth Management, LLC West Des Moines $123.9 million
76 Stonefield Investment Advisory, Inc. Cedar Rapids $120.3 million
77 Visionx Wealth Partners Fort Dodge $110.2 million
78 Taber Asset Management L.L.C. Des Moines $110.0 million
79 Russell Wealth Advisors Boone $105.6 million
80 Altitude Capital Management LLC Des Moines $103.6 million
81 Tryon Investments, LLC North Liberty $103.5 million
82 Custom Wealth Planners Ankeny $102.4 million
83 Fencl Advisory Services, LLC Cedar Falls $101.5 million
84 Innovative Wealth Management, LLC Jesup $99.1 million
85 Compass Lighthouse Capital, LLC Broker-dealer affiliated Orange City $91.3 million
86 Grit Family Office, LLC Cedar Rapids $90.9 million
87 Longenecker Financial Services Des Moines $82.1 million
88 Partner Wealth Iowa City $78.9 million
89 Prospective Value Partners LLC Des Moines $76.0 million
90 Vital Capital LLC Clinton $71.2 million
91 Actis Wealth Management Waukee $70.0 million
92 Integrity Wealth Management LLC Waukee $61.9 million
93 Passage Global Capital Management, LLC Bettendorf $60.4 million
94 Penn Advisory Group Inc. Mount Vernon $53.1 million
95 O'Brien and Associates, Inc. West Union $49.4 million
96 Balanced Investment Advisors, LLC Cedar Rapids $49.3 million
97 Uncommon Wealth Partners, LLC Ankeny $46.7 million
98 Hart Wealth Management West Des Moines $46.5 million
99 Clearwealth Burlington $44.3 million
100 Busbee Wealth Advisors LLC Cedar Rapids $43.8 million

Showing the top 100. Figures are as firms reported them on Form ADV.

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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.