Fee-only adviser · Windsor Heights, IA
Forrest Financial Services
Forrest Financial Services is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Windsor Heights, Iowa. On its latest Form ADV, filed March 11, 2026, it reports $154M in regulatory assets under management, 100 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 117546 · SEC file 801-133938 |
| Office | 6611 University Ave. Suite 201 Windsor Heights, IA 50324 |
| Phone | (515) 277-3495 |
| Website | forrestfinancialservices.com |
| Regulatory assets under management | $154M |
| Individual clients | 54 non-high-net-worth, 46 high-net-worth |
| Financial planning clients | 1-10 |
| How it charges | Percentage of assets, Hourly, Fixed fee |
| Services | Financial planning, Portfolio management |
| Employees | 2 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 11, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Nearby
- Des Moines 7 firms
- Urbandale 4 firms
- Clive 5 firms
- West Des Moines 10 firms
- Johnston 3 firms
- Waukee 1 firm
- Ankeny 2 firms
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Forrest Financial Services? Update this listing.