Independent Wealth Network

Independent Wealth Network

Independent Wealth Network was established in 2017 by Managing Partners Tyler Amundson and Rich Fuller, who serve as the firm's principal advisors and control persons. The firm operates from Urbandale, Iowa, serving a client base concentrated in the Des Moines metropolitan area and broader Midwest. Fuller and Amundson structured the practice as a hybrid registered investment advisor, maintaining affiliations with broker-dealer networks that enable the firm to offer both fiduciary advisory services and transactional brokerage products under one roof (public record). The firm's investment posture relies heavily on third-party money manager platforms and separately managed accounts rather than proprietary funds. Asset allocation recommendations span equities, fixed income, real estate investment trusts, and private placement offerings when suitable for accredited investors. The firm also maintains a material insurance practice — placing fixed and variable annuity contracts alongside life insurance policies for estate-planning and tax-deferral cases. Geographic coverage remains Iowa-centric, though the firm files regulatory disclosures reflecting clients in Nebraska, Minnesota, and Missouri (per the firm's Form ADV, 2024). Amundson acts as Chief Compliance Officer in addition to his advisory role, a function common in RIAs of this size where regulatory oversight remains in-house. The firm reports fewer than 10 non-clerical employees and lists no additional office locations. Independent Wealth Network does not manage a proprietary fund family, does not issue private-label structured products, and has not publicly disclosed participation in institutional co-investment vehicles or venture-stage allocations. The practice operates as a generalist advisory shop, competing with regional bank trust departments and national wirehouse teams serving similar asset tiers. No external capital provider, family office parent, or philanthropic vehicle sits adjacent to the advisory entity. The structural differentiator is the dual-hatted compliance and advisory architecture: the firm's CCO is also a revenue-producing partner, a configuration that concentrates regulatory and commercial judgment in the same two-person leadership group. This model is typical among independent RIAs below $500 million in regulatory assets but creates a key-man dependency that institutional allocators and succession-conscious clients track.