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For asset managers

Ranking, Iowa

Independent RIAs with the most accounts in Iowa

As of October 2, 2026, Foster Group, Inc. ranked #1 in Iowa in AdvisorIQ's ranking of independent RIAs with the most accounts, with 7,346.

Include wirehouses and broker-dealer firms

Firms ranked by the number of accounts in their RAUM (Form ADV Item 5.F(2)(f)), discretionary and non-discretionary, in the data of October 2, 2026. SEC-registered and state-registered firms are both ranked. 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). 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.

Independent RIAs with the most accounts in Iowa
Rank Firm City Most accounts
1 Foster Group, Inc. West Des Moines 7,346
2 Oasis Advisors Forest City 5,052
3 Steele Capital Management, Inc. Dubuque 4,418
4 Legacy Financial Group Des Moines 4,146
5 Gilbert & Cook, Inc. West Des Moines 3,792
6 Basepoint Wealth, LLC Cedar Rapids 3,715
7 RIA Advisory Group, LLC Des Moines 3,228
8 Merkle Retirement Planning Grimes 2,896
9 Independent Wealth Network, Inc. Urbandale 2,881
10 Accel Wealth Management Waverly 2,819
11 Dynamic Financial Group Cedar Falls 2,490
12 Aegis Wealth Management, Inc. Guthrie Center 2,350
13 Syverson Strege West Des Moines 1,979
14 Compass Financial Services West Des Moines 1,909
15 The Life Group Financial Services Dubuque 1,878
16 West Financial Advisors, L.L.C. Des Moines 1,677
17 Wealthspan Partners, LLC Davenport 1,610
18 TFP Management, LLC Bettendorf 1,566
19 Quad-Cities Investment Group, LLC Davenport 1,546
20 Rda Financial Network Akron 1,522
21 Des Moines Investments, LLC Des Moines 1,497
22 Bradford Financial Center Clarion 1,478
23 Boyle Capital West Des Moines 1,462
24 Tuve Investment Management, Inc. Waterloo 1,372
25 Mokosak Advisory Group, LLC Urbandale 1,364
26 Peterson Financial Group, Inc. Des Moines 1,359
27 Wealth Advisors of Iowa, LLC West Des Moines 1,330
28 Wealth Advisors Group, LLC Coralville 1,201
29 Vivid Wealth Management, LLC West Des Moines 1,199
30 AO Wealth Advisory Urbandale 1,124
31 Matheson & Rock Wealth Management, LLC Davenport 1,070
32 Five Talents Financial Management Group LLC West Des Moines 1,042
33 Van Diest Capital Polk City 985
34 Cedar Point Capital Partners, LLC Cedar Rapids 969
35 Beacon Capital, LLC Cedar Rapids 952
36 DMKC Advisory Services, LLC Des Moines 946
37 Wilon Wealth Management Urbandale 885
38 Friday Financial Dubuque 829
39 Weis Advisory Clive 781
40 PLAN2THRIVE Financial Eldridge 766
41 BSC Capital Partners, LLC West Des Moines 728
42 Kane Company Wealth Management, Inc. Johnston 717
43 Longenecker Financial Services Des Moines 690
44 Innovative Wealth Management, LLC Jesup 653
45 Valiant Wealth, LLC West Des Moines 623
46 Clarity Asset Management, Inc. Ames 613
47 Arnold and Mote Wealth Management Hiawatha 585
48 LSB Wealth Management Ankeny 573
49 Pecaut Wealth Management Sioux City 554
50 Midwestern Financial Group Iowa City 548
51 Keystone Wealth Management Waterloo 533
52 Altitude Capital Management LLC Des Moines 488
53 Nikulski Financial, Inc. Bettendorf 475
54 Visionx Wealth Partners Fort Dodge 451
55 Tryon Investments, LLC North Liberty 440
56 Forrest Financial Services Windsor Heights 400
57 Bridgeway Wealth Management, LLC Cedar Rapids 396
58 Stonefield Investment Advisory, Inc. Cedar Rapids 386
59 Iowa Wealth Management, LLC West Des Moines 377
60 Clearwealth Burlington 369
61 Fencl Advisory Services, LLC Cedar Falls 354
62 Custom Wealth Planners Ankeny 349
63 Rothamel Wealth Management, LLC Urbandale 317
64 Red Cedar Cedar Rapids 305
65 Paladin Wealth Partners Clive 298
66 Cedar Valley Wealth Advisors Cedar Falls 293
67 Vital Capital LLC Clinton 292
68 Omni Wealth Management Waukee 274
69 O'Brien and Associates, Inc. West Union 253
70 Actis Wealth Management Waukee 252
71 Uncommon Wealth Partners, LLC Ankeny 234
72 Penn Advisory Group Inc. Mount Vernon 231
73 Russell Wealth Advisors Boone 220
74 Teacher Wealth Des Moines 212
75 Lane Family Wealth Management North Liberty 205
76 Busbee Wealth Advisors LLC Cedar Rapids 201
77 Successful Resource Management, Ltd. Johnston 191
77 Acadia Legacy Group Clive 191
79 Leetown Advisors Ankeny 170
80 Pursuit Wealth Management Coralville 168
81 Water Valley Investment Advisors, Inc. Sioux Center 167
82 Strategic Wealth Solutions, LLC Urbandale 166
83 Partner Wealth Iowa City 162
84 Balanced Investment Advisors, LLC Cedar Rapids 158
85 Passage Global Capital Management, LLC Bettendorf 156
86 Kingdom Wealth Development, LLC West Des Moines 150
87 Ballast Capital Advisors, LLC West Des Moines 147
88 Palen Financial LLC Davenport 146
89 LW Advisors, L.L.C. Des Moines 139
90 Integrity Wealth Management LLC Waukee 126
91 Legacy Bridge Private Family Offices West Des Moines 117
91 Total Wealth West Des Moines 117
93 Greenstone Wealth Management Forest City 108
94 Rockway Wealth Partners Urbandale 107
95 Taber Asset Management L.L.C. Des Moines 101
96 Lis Inc Urbandale 95
97 Ballheim Financial LLC Leclaire 92
98 Hart Wealth Management West Des Moines 81
99 Desla Wealth Management West Des Moines 78
100 Lexington Capital, LLC Marion 74

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

More rankings

Most accounts 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.