Data / Investment advisers / Iowa / Des Moines
Investment advisers in Des Moines, IA: 14 firms, $560 billion in AUM
14 investment advisers have their main office in Des Moines, Iowa: 13 SEC registered and 1 exempt reporting. The registered advisers report $560 billion in regulatory assets under management in the SEC's Form ADV file of November 2, 2026, and the largest is Principal Asset Management with $428 billion.
SpecStream is the live web data engine for teams and agents. It reads the SEC's Form ADV files every month, and this page is that reading, keyed on the CRD number. Ask for the advisers you track by state, city, size, client type or private funds, and new registrations and filings arrive in your sheet, CRM, Slack or agent as the SEC publishes them.
- 14Advisers
- 13SEC registered
- 1Exempt reporting
- $560 billionTotal AUM
- 12Advisers over $100 million
- 3Manage private funds
- November 2, 2026File date
Largest advisers by AUM
Ranked by regulatory AUM, then by private funds. Each row links to the firm page where it has one, and to its SEC record.
| Adviser | City | AUM | Accounts | Employees | Private funds | Phone | Website | Source |
|---|---|---|---|---|---|---|---|---|
| Principal Asset Management | Des Moines | $427.71 billion | 8,169 | 1,394 | 10 | (800) 787-1621 | adviserinfo.sec.gov | |
| Principal Real Estate | Des Moines | $105.65 billion | 681 | 477 | 18 | (800) 787-1621 | principalcef.com | adviserinfo.sec.gov |
| Principal Securities, Inc. | Des Moines | $17.02 billion | 68,981 | 1,464 | Not listed | (888) 774-6267 | adviserinfo.sec.gov | |
| BTC Capital Management | Des Moines | $4.60 billion | 2,199 | 17 | Not listed | (515) 245-5638 | adviserinfo.sec.gov | |
| Principal Advised Services | Des Moines | $1.42 billion | 23,164 | 383 | Not listed | (866) 412-0770 | adviserinfo.sec.gov | |
| Legacy Financial Group | Des Moines | $1.01 billion | 4,146 | 18 | Not listed | (515) 255-3306 | williamelson.com | adviserinfo.sec.gov |
| DMKC Advisory Services, LLC | Des Moines | $902.5 million | 946 | 13 | Not listed | (515) 221-1133 | adviserinfo.sec.gov | |
| West Financial Advisors, L.L.C. | Des Moines | $674.2 million | 1,677 | 8 | Not listed | (515) 284-1011 | westfinancialadvisors.com | adviserinfo.sec.gov |
| Peterson Financial Group, Inc. | Des Moines | $299.2 million | 1,359 | 11 | Not listed | (515) 226-1500 | adviserinfo.sec.gov | |
| Des Moines Investments, LLC | Des Moines | $246 million | 1,497 | 4 | Not listed | (515) 777-1149 | investdsmi.com | adviserinfo.sec.gov |
| Polson Wealth Management | Des Moines | $139.2 million | 400 | 2 | Not listed | (515) 655-1000 | polsonwealth.com | adviserinfo.sec.gov |
| Altitude Capital Management LLC | Des Moines | $103.6 million | 488 | 28 | Not listed | (515) 207-3310 | 3treesrp.com | adviserinfo.sec.gov |
| Next Level Ventures, LLC | Des Moines | Not listed | Not listed | Not listed | 5 | (515) 369-2600 | nextlevelvc.com | adviserinfo.sec.gov |
| RIA Group, LLC | Des Moines | Not listed | 0 | 6 | Not listed | (641) 680-1190 | adviserinfo.sec.gov |
Advisers in Des Moines that manage private funds
3 advisers report private funds. The 30 with the most funds.
| Adviser | City | State | Private funds | Hedge | Private equity | Venture capital | Real estate | Fund gross assets | AUM | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Principal Real Estate | Des Moines | IA | 18 | 14 | Not listed | Not listed | 1 | $8.85 billion | $105.65 billion | adviserinfo.sec.gov |
| Principal Asset Management | Des Moines | IA | 10 | 6 | 4 | Not listed | Not listed | $972.6 million | $427.71 billion | adviserinfo.sec.gov |
| Next Level Ventures, LLC | Des Moines | IA | 5 | Not listed | Not listed | 5 | Not listed | $692.1 million | Not listed | adviserinfo.sec.gov |
Newest SEC registrations in Des Moines
1 adviser with an SEC status effective in the 90 days to November 2, 2026.
| Adviser | City | State | SEC status effective | AUM | Website | Source |
|---|---|---|---|---|---|---|
| RIA Group, LLC | Des Moines | IA | September 1, 2026 | Not listed | adviserinfo.sec.gov |
Also on SpecStream
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.