# FBL Wealth Management

FBL Wealth Management is a Bank / Wealth / Trust based in West Des Moines, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** West Des Moines, United States
- **Region:** North America
- **Address:** West Des Moines, IA, United States
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** fblwealth.com

## Regulatory record

- **CRD number:** 291396
- **SEC file number:** 801-113458
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/291396

## About

FBL Wealth Management is an SEC-registered investment adviser in West Des Moines, IA, registered since 2018. The firm manages $9 million in regulatory assets. It employs 207 staff and 170 investment advisers.

## Sectors

- Wealth Management

## Questions

### How does the parent company's mutual insurance structure affect FBL Wealth Management's investment approach?

The mutual insurance structure means the parent company is owned by its policyholders rather than public shareholders, eliminating pressure to produce quarterly earnings growth. For FBL Wealth Management, this translates into an investment philosophy that prioritizes asset-liability matching and long-term income stability over relative returns, with a portfolio heavily weighted toward fixed income and commercial mortgages that align with the parent's obligation to meet future policyholder claims.

## Related profiles

- [FBL Financial Group Retirement Plan](https://altss.com/profile/fbl-financial-group-retirement-plan)
- [FC360 Wealth Management](https://altss.com/profile/fc360-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/fbl-wealth-management

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