{"url":"https://nivawealth.com/firms/des-moines-investments-146322","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/146322","regulatoryAum":246000000,"crd":"146322","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2369348","suffix":null,"lastName":"HARKIN","firstName":"DAVID","middleName":"DANIEL"},{"crd":"8047362","suffix":null,"lastName":"Kimberley","firstName":"Dillon","middleName":"T"},{"crd":"2701092","suffix":null,"lastName":"KIMBERLEY","firstName":"MATTHEW","middleName":"SEAN"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-05-25","regulatoryAum":140000000,"clients":400,"employees":2,"offices":1},{"filedOn":"2023-03-27","regulatoryAum":140000000,"clients":400,"employees":1,"offices":1},{"filedOn":"2024-05-07","regulatoryAum":170000000,"clients":500,"employees":4,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":190000000,"clients":550,"employees":4,"offices":1},{"filedOn":"2026-06-17","regulatoryAum":246000000,"clients":700,"employees":4,"offices":1}],"secFileNumber":"801-122812","legalName":"Des Moines Investments, LLC","displayName":"Des Moines Investments","slug":"des-moines-investments-146322","website":"https://investdsmi.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Iowa limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2 East Army Post RD, Suite 2","city":"Des Moines","state":"IA","stateName":"Iowa","country":"United States","postalCode":"50315-5821"},"tradeNames":[],"registration":{"secApproved":"3 March 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":351428.5714285714,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":3,"promoters":3},"aum":{"regulatory":246000000,"discretionary":246000000,"discretionaryAccounts":1497,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":700},"clientTypes":[{"label":"Individuals (other than HNW)","clients":625,"regulatoryAum":146000000},{"label":"High-net-worth individuals","clients":75,"regulatoryAum":100000000}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060945","versionId":1060945,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-10-13","documentName":"DSMI FORM ADV 2 JAN 2026","fee_rate_low":0.8,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Tax Preparation Services","summary":"Tax preparation, when provided by a supervised person, is offered under separate engagement terms and fees; no rate is stated in the brochure.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060945","versionId":1060945,"submittedOn":"2026-10-13","documentName":"DSMI FORM ADV 2 JAN 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:42:31.210055+00:00","documents":[{"name":"DSMI FORM ADV 2 JAN 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060945","versionId":1060945,"submittedOn":"2026-10-13"}]},"custodians":[],"custodyNote":"Des Moines Investments does not have custody of client assets.","leadership":[{"name":"David Harkin","title":"Owner","crd":"2369348"},{"name":"Matthew Kimberley","title":"CCO","crd":"2701092"}],"ownership":[{"label":"David Harkin","detail":"Owner in the 75% or more ownership band and a control person, since October 2006."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Iowa","offices":1,"addresses":[{"street":"2 East Army Post RD, Suite 2","city":"Des Moines","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"515-777-1149","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":93},{"label":"Investment grade corporate bonds","percent":2},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"17 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/146322/PDF/146322.pdf","brochureDate":"13 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060945","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Des Moines Investments have?","answer":"Des Moines Investments has 700 clients and manages $246 million for them, as of June 2026. They include 625 individual clients and 75 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Des Moines Investments offer?","answer":"Des Moines Investments provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Des Moines Investments charge?","answer":"Des Moines Investments charges 0.80%–1.00% a year for its Investment Advisory Services. The fee is billed in arrears and is negotiable.","source":"DSMI FORM ADV 2 JAN 2026, filed 13 October 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does Des Moines Investments have?","answer":"Des Moines Investments has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Des Moines Investments invest in?","answer":"At the end of its last fiscal year, Des Moines Investments’ separately managed accounts held 93% exchange-traded equities, 5% cash and equivalents and 2% investment grade corporate bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Des Moines Investments?","answer":"Des Moines Investments’ direct owner is David Harkin (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Des Moines Investments get paid?","answer":"Des Moines Investments is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Des Moines Investments registered with the SEC?","answer":"Yes, Des Moines Investments has been registered with the SEC as an investment adviser since 3 March 2022. Its CRD number is 146322 and its SEC file number is 801-122812.","source":"Form ADV Part 1A, Item 1, filed 17 June 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Des Moines Investments?","answer":"Des Moines Investments’ main office is at 2 East Army Post RD, Suite 2, Des Moines, IA 50315-5821. Its phone number is 515-777-1149. Its website is investdsmi.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}