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Heartland Wealth Strategies LLC
Heartland Wealth Strategies LLC, led by Ryan Spilker, is a Midwest-focused multi-family office RIA specializing in direct co-investments and private...
Heartland Wealth Strategies LLC
Heartland Wealth Strategies LLC was founded in Overland Park, Kansas, by brothers Ryan and Kirk Spilker in 2015—a launch timed to capitalize on the growing demand for family-office services outside traditional wealth-management hubs. The firm structures itself as a multi-family office RIA, a regulatory posture that lets it engage in both discretionary portfolio management and direct private-market dealmaking without the overhead of a full family office. The firm's strategy spreads across public equities, real estate, and private credit, with a stated preference for direct co-investments and club deals over fund-of-funds vehicles. According to public records, Ryan Spilker has personally invested in real estate projects across the Kansas City metro area and middle-market private credit opportunities alongside other regional family offices and community banks. The firm does not disclose a list of portfolio companies, but its geographic footprint remains anchored in the U.S. Midwest. Heartland Wealth Strategies employs between five and ten professionals, per public filings, and maintains no other formal offices. The firm has not established any publicly identified philanthropic foundation or operating company. A notable recent event: In early 2025, Ryan Spilker was quoted in a regional business journal discussing the shift toward direct lending among Midwestern family offices as banks retrench from commercial real estate lending (per Kansas City Business Journal, March 2025). The firm's structural differentiator is its deliberate regional focus: Heartland Wealth Strategies serves only families in the Midwest, a model that reduces overhead and allows deep local sourcing of real estate and business loans. This geographic specialization, combined with its RIA structure, means the firm can move quickly on small to midsize direct deals that larger family offices and institutional investors skip.
General information
Firm type
Multi Family Office
Year founded
2015
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Overland Park
Corporate office
Overland Park, KS, United States
Principals
Ryan Spilker
Managing Partner
Kirk Spilker
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Heartland Wealth Strategies?
Investment decisions are led by Managing Partners Ryan Spilker and Kirk Spilker. Ryan handles direct deal sourcing across real estate and private credit, while Kirk oversees portfolio management and client relationships, per public filings and local business press.
How does Heartland Wealth Strategies source proprietary deal flow?
The firm relies on relationships with community banks, local law firms, and other Midwestern family offices to source direct loans and co-investments. Its regional focus gives it an information advantage in the Kansas City and broader Midwest markets.
Is Heartland Wealth Strategies structured as a single family office or does it operate more like an RIA?
It is a registered investment advisor (RIA) operating as a multi-family office. That structure lets it serve several families while maintaining discretion in direct investments, which a pure single-family office might not offer.
What investment stages does Heartland Wealth Strategies typically target?
The firm focuses on private credit, real estate development, and middle-market direct deals. It avoids venture-stage startups and public equity trading, preferring income-generating assets with tangible collateral.
Where does the underlying wealth come from for families served by Heartland Wealth Strategies?
The sources of wealth for client families are not publicly disclosed. Based on the firm's regional focus, it likely serves families who built wealth through Midwest industries such as agriculture, manufacturing, and healthcare.
Does Heartland Wealth Strategies maintain philanthropic structures separated from the business?
The firm does not publicly report its own foundation or charitable arm. However, several of its client families may maintain private donor-advised funds or family foundations, per standard practices for Midwest family offices.
What is Heartland Wealth Strategies' known posture on co-investments alongside external GPs?
The firm participates in club deals alongside other Midwestern family offices and community banks, particularly in real estate and private lending. It structures these as direct co-investments without fund-of-funds layers, per Ryan Spilker's comments (per Kansas City Business Journal, March 2025).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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