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.

Former SEC-registered adviser

Fbl Investment Management Services, Inc.

Former SEC-registered adviserWest Des Moines, IowaCRD 5308SEC 801-7655IAPD
Latest filing Jun 18, 2021
First filing on the tape Feb 3, 2012 · 24 filings
RAUM
$462M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$462M as of Mar 30, 2021
Mar 30, 2012$7.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2021
Mar 30, 20120 then
Employees (5.A)11 as of Mar 30, 2021
Apr 1, 201379 then
Private funds: no history
RAUM +10% over the last fiscal year+5.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 18, 2021; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$65.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
54%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, otherreportedItem 5.G
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
  • 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)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$250M54%
  • Corporations and businesses$212M46%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • James Anthony Aldridge · Chief Accounting Officer, Treasurer & Directorcontrol
      since 04/2018 · owns less than 5%
    • Kellen Laura Beebe · Dir Investment Administration & Directorcontrol
      since 03/2014 · owns less than 5%
    • James Clint May · Sr. Counselcontrol
      since 03/2015 · owns less than 5%
    • Lea Jennifer Morgan · Chief Compliance Officer & Secretarycontrol
      since 01/2011 · owns less than 5%
    • Lloyd Mark Sandbulte · Portfolio Strategy Vice President & Directorcontrol
      since 03/2014 · owns less than 5%
    • A Jeff Whitehead · President, Chief Investment Officer And Directorcontrol
      since 08/2020 · owns less than 5%
    Entity owners
    • Fbl Financial Services, Inc. · Owner
      direct · owns 75% or more
    • Farm Bureau Multi-State Services, Inc. · Owner
      indirect · owns 75% or more of Farm Bureau Property & Casualty Insurance Company
    • Farm Bureau Mutual Holding Company · Owner
      indirect · owns 75% or more of Farm Bureau Multi-State Services, Inc.
    • Farm Bureau Property & Casualty Insurance Company · Owner
      indirect · owns 25% to 50% of Fbl Financial Group, Inc.
    • Fbl Financial Group, Inc. · Owner
      indirect · owns 75% or more of Fbl Financial Services, Inc.
    • Iowa Farm Bureau Federation · Owner
      indirect · owns 50% to 75% of Fbl Financial Group, Inc.
    Related persons
    Schedule D 7.A
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory employees · 6 to 7
      Dec 22, 2020 to Mar 30, 2021
    • BD registered reps · 5 to 4
      Dec 22, 2020 to Mar 30, 2021
    • Financial planning clients · 0 to unset
      Dec 22, 2020 to Mar 30, 2021
    • Discretionary RAUM · $417M to $461M
      Dec 22, 2020 to Mar 30, 2021
    • Non-discretionary RAUM · $605,059 to $636,153
      Dec 22, 2020 to Mar 30, 2021
    • RAUM · $418M to $462M
      Dec 22, 2020 to Mar 30, 2021
    • Financial planning clients · 1-10 to 0
      Mar 29, 2019 to Mar 30, 2020
    • Other offices · 1 to 0
      Mar 29, 2019 to Mar 30, 2020
    • Discretionary RAUM · $423M to $417M
      Mar 29, 2019 to Mar 30, 2020
    • Non-discretionary RAUM · $551,480 to $605,059
      Mar 29, 2019 to Mar 30, 2020
    • RAUM · $424M to $418M
      Mar 29, 2019 to Mar 30, 2020
    • Advisory employees · 57 to 6
      Jan 16, 2019 to Mar 29, 2019
    • Advisory activities · 3 to 2
      Jan 16, 2019 to Mar 29, 2019
    • BD registered reps · 53 to 5
      Jan 16, 2019 to Mar 29, 2019
    • Employees · 59 to 11
      Jan 16, 2019 to Mar 29, 2019
    • Financial planning clients · 11-25 to 1-10
      Jan 16, 2019 to Mar 29, 2019
    • State-registered IARs · 51 to 0
      Jan 16, 2019 to Mar 29, 2019
    • Other offices · 76 to 1
      Jan 16, 2019 to Mar 29, 2019
    • Discretionary RAUM · $392M to $423M
      Jan 16, 2019 to Mar 29, 2019
    • Non-discretionary RAUM · $557,402 to $551,480
      Jan 16, 2019 to Mar 29, 2019
    • RAUM · $393M to $424M
      Jan 16, 2019 to Mar 29, 2019
    • Related adviser · false to true
      Jan 16, 2019 to Mar 29, 2019
    • Advisory employees · 59 to 57
      Jul 5, 2017 to Mar 30, 2018
    • BD registered reps · 55 to 53
      Jul 5, 2017 to Mar 30, 2018
    • Charity clients · unset to 0.0
      Jul 5, 2017 to Mar 30, 2018
    • Corporate clients · unset to 5.0
      Jul 5, 2017 to Mar 30, 2018
    • HNW clients · unset to 0.0
      Jul 5, 2017 to Mar 30, 2018
    • Individual clients · unset to 0.0
      Jul 5, 2017 to Mar 30, 2018
    • Pension plan clients · unset to 0.0
      Jul 5, 2017 to Mar 30, 2018
    • Pooled vehicle clients · unset to 0.0
      Jul 5, 2017 to Mar 30, 2018
    • Employees · 61 to 59
      Jul 5, 2017 to Mar 30, 2018
    • State-registered IARs · 53 to 51
      Jul 5, 2017 to Mar 30, 2018
    • Other offices · unset to 76.0
      Jul 5, 2017 to Mar 30, 2018
    • Discretionary RAUM · $361M to $392M
      Jul 5, 2017 to Mar 30, 2018
    • Non-discretionary RAUM · $518,668 to $557,402
      Jul 5, 2017 to Mar 30, 2018
    • RAUM · $362M to $393M
      Jul 5, 2017 to Mar 30, 2018
    • Advisory employees · 66 to 59
      Mar 30, 2016 to Mar 30, 2017
    • BD registered reps · 62 to 55
      Mar 30, 2016 to Mar 30, 2017
    • Employees · 69 to 61
      Mar 30, 2016 to Mar 30, 2017
    • State-registered IARs · 59 to 53
      Mar 30, 2016 to Mar 30, 2017
    Signals
    5 dated events
    • A Jeff Whitehead (President, Chief Investment Officer And Director) appeared on Schedule A of Fbl Investment Management Services, Inc.
      Dec 22, 2020 · Control person joined · fact
    • Theodore Charles Happel (President & Director) no longer on Schedule A of Fbl Investment Management Services, Inc. (listed 2020-03-30, absent 2020-07-21)
      Jul 21, 2020 · Control person left · inference
    • Fbl Investment Management Services, Inc. reported 1 offices beyond its principal office, down from 76 (2019-01-16 to 2019-03-29)
      Mar 29, 2019 · Office count change · derived
    • Fbl Investment Management Services, Inc. reported 0 state-registered advisory representatives, down from 51 (2019-01-16 to 2019-03-29)
      Mar 29, 2019 · Advisor headcount change · derived
    • Fbl Investment Management Services, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Sep 10, 2012 · Succession (Item 4) · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026