DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Wealth Advisors Of Iowa, LLC
Latest filing Mar 19, 2026
First filing on the tape Feb 11, 2020 · 21 filings
SEC status approved since Mar 12, 2020
RAUM
$539M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$521M individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$49.0M
derived; firm RAUM over IAPD count
Employees
12
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$539M as of Mar 19, 2026
Mar 25, 2021$297M then
HNW client RAUM$404M as of Mar 19, 2026
Mar 25, 2021$206M then
State-registered IARs (5.B.3)10 as of Mar 19, 2026
Mar 25, 20214 then
Employees (5.A)12 as of Mar 19, 2026
Mar 25, 20216 then
Private funds: no history
RAUM +19% over the last fiscal year+16% a year over threeIARs 11 to 10
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $49.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 48derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $405,580derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 11.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- -9.1%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.0%derived
- Compensation
- percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, educational seminars, otherreportedItem 5.G
- Wrap fee program
- $544MreportedItem 5.I
- Custody
- $145M, 163 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- is an insurance broker or agent (6.A.6)
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$404M75%
- Individuals$116M22%
- Corporations and businesses$13.7M2.5%
- Pension and profit-sharing plans$4.4M0.8%
- Charitable organizations$685,4200.1%
- Individual clients
- 383reported
- HNW clients
- 149reported
- Pension plan clients
- 3reported
- Charitable clients
- 3reported
- Accounts
- 1,330reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $4.1M sponsored, $0 managedreported
- Custody of client assets
- $145M for 163 clientsreported
- Compensation
- % of AUM, fixed, hourly, commissionsreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Kellie Marie MastersCertified Financial Planner | West Des Moines, Ia | Jan 10, 2012 | 19 y | 0 |
| Michael Edward Brinker | West Des Moines, Ia | Jan 10, 2012 | 33 y | 0 |
| Brian K. Newton | West Des Moines, Ia | Oct 19, 2016 | 25 y | 0 |
| David Allen Farnsworth | West Des Moines, Ia | Feb 26, 2019 | 27 y | 0 |
| Nicholas Battiste CapobiancoCertified Financial Planner | West Des Moines, Ia | Dec 13, 2019 | 24 y | 3 |
| Jonathan Chapman Pearson | West Des Moines, Ia | Dec 13, 2019 | 21 y | 3 |
| Nathan Thomas Beck | West Des Moines, Ia | Jan 10, 2022 | 12 y | 0 |
| Nicholas Richard Finkenauer | West Des Moines, Ia | Jan 28, 2022 | 13 y | 0 |
| Matthew Dennis Springer | West Des Moines, Ia | Mar 10, 2022 | 12 y | 1 |
| Wendy Jo Moran | West Des Moines, Ia | Feb 7, 2023 | 23 y | 0 |
| Nicholas WallerCertified Financial Planner | West Des Moines, Ia | Sep 2, 2026 | 25 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Brian Matthew Thompson to Rockway Wealth PartnersAug 4, 2021 · RIA to a state-registered adviser
- Barbara Linn Hein to Geneos Wealth Management, Inc.Jul 6, 2009 · Other
Joined, latest
- Matthew Dennis Springer from Charles Schwab & Co., Inc.Mar 10, 2022 · Affiliated broker-dealer or bank to independent RIA
- Brian Matthew Thompson from Rockway Wealth PartnersFeb 22, 2020 · Other
- Nicholas Battiste Capobianco from LPL Financial LLCDec 13, 2019 · Affiliated broker-dealer or bank to independent RIA
- Jonathan Chapman Pearson from LPL Financial LLCDec 13, 2019 · Affiliated broker-dealer or bank to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from LPL Financial LLCDec 19, 2019 · Des Moines, Ia
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Marie Kellie Masters · Chief Compliance Officercontrolsince 12/2019 · owns less than 5%
- Battiste Nicholas Capobianco · Member/Ownercontrolsince 12/2019 · owns 75% or more of Capobianco Wealth Management, LLC
- Chapman Jonathan Pearson · Member/Ownercontrolsince 12/2019 · owns 75% or more of Pearson Wealth Management, LLC
Entity owners
- Capobianco Wealth Management, LLC · Memberdirect · owns 25% to 50%
- Mhcs Wealth Management, LLC · Memberdirect · owns 10% to 25%
- Pearson Wealth Management, LLC · Memberdirect · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| West Des Moines, Ia · principal | 11 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,203 to 1,330Mar 24, 2025 to Mar 19, 2026
- Charity clients · unset to 3.0Mar 24, 2025 to Mar 19, 2026
- Corporate clients · 10 to 12Mar 24, 2025 to Mar 19, 2026
- HNW clients · 132 to 149Mar 24, 2025 to Mar 19, 2026
- Individual clients · 356 to 383Mar 24, 2025 to Mar 19, 2026
- Pension plan clients · 5 to 3Mar 24, 2025 to Mar 19, 2026
- Assets in custody · $88.4M to $145MMar 24, 2025 to Mar 19, 2026
- Employees · 13 to 12Mar 24, 2025 to Mar 19, 2026
- State-registered IARs · 11 to 10Mar 24, 2025 to Mar 19, 2026
- Discretionary RAUM · $453M to $539MMar 24, 2025 to Mar 19, 2026
- HNW RAUM · $333M to $404MMar 24, 2025 to Mar 19, 2026
- Individual RAUM · $106M to $116MMar 24, 2025 to Mar 19, 2026
- Pension RAUM · $5.1M to $4.4MMar 24, 2025 to Mar 19, 2026
- RAUM · $453M to $539MMar 24, 2025 to Mar 19, 2026
- Wrap assets (sponsor) · $0 to $4.1MMar 24, 2025 to Mar 19, 2026
- Accounts · 471 to 1,203Mar 22, 2024 to Mar 24, 2025
- Advisory employees · 11 to 4Mar 22, 2024 to Mar 24, 2025
- Corporate clients · 11 to 10Mar 22, 2024 to Mar 24, 2025
- HNW clients · 163 to 132Mar 22, 2024 to Mar 24, 2025
- Individual clients · 287 to 356Mar 22, 2024 to Mar 24, 2025
- Pension plan clients · 9 to 5Mar 22, 2024 to Mar 24, 2025
- Assets in custody · unset to 88387936.0Mar 22, 2024 to Mar 24, 2025
- Custody of client assets · false to trueMar 22, 2024 to Mar 24, 2025
- Financial planning clients · 1-10 to 1-10Mar 22, 2024 to Mar 24, 2025
- Discretionary RAUM · $399M to $453MMar 22, 2024 to Mar 24, 2025
- HNW RAUM · $283M to $333MMar 22, 2024 to Mar 24, 2025
- Individual RAUM · $95.4M to $106MMar 22, 2024 to Mar 24, 2025
- Pension RAUM · $9.1M to $5.1MMar 22, 2024 to Mar 24, 2025
- RAUM · $399M to $453MMar 22, 2024 to Mar 24, 2025
- Accounts · 979 to 471Oct 12, 2023 to Mar 22, 2024
- Corporate clients · 10 to 11Oct 12, 2023 to Mar 22, 2024
- HNW clients · 122 to 163Oct 12, 2023 to Mar 22, 2024
- Individual clients · 300 to 287Oct 12, 2023 to Mar 22, 2024
- Employees · 12 to 13Oct 12, 2023 to Mar 22, 2024
- Discretionary RAUM · $346M to $399MOct 12, 2023 to Mar 22, 2024
- HNW RAUM · $249M to $283MOct 12, 2023 to Mar 22, 2024
- Individual RAUM · $79.3M to $95.4MOct 12, 2023 to Mar 22, 2024
- Pension RAUM · $6.2M to $9.1MOct 12, 2023 to Mar 22, 2024
- RAUM · $346M to $399MOct 12, 2023 to Mar 22, 2024
- Accounts · 850 to 979Sep 19, 2022 to Mar 20, 2023
Signals
4 dated events
- Allen David Farnsworth (Member/Owner) no longer on Schedule A of Wealth Advisors Of Iowa, Llc (listed 2023-05-22, absent 2023-10-12)Oct 12, 2023 · Control person left · inference
- Edward Michael Brinker (Member/Owner) no longer on Schedule A of Wealth Advisors Of Iowa, Llc (listed 2023-05-22, absent 2023-10-12)Oct 12, 2023 · Control person left · inference
- K. Brian Newton (Member/Owner) no longer on Schedule A of Wealth Advisors Of Iowa, Llc (listed 2023-05-22, absent 2023-10-12)Oct 12, 2023 · Control person left · inference
- Wealth Advisors Of Iowa, Llc filed its initial SEC registration (Form ADV)Feb 11, 2020 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/wealth-advisors-of-iowareportedpublic record, Form ADV, Sep 17, 2026
- Website
- WAIOWA.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 515-200-7812reportedpublic record, Form ADV, Mar 19, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $49.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026