Fee-only adviser · Des Moines, IA
Prospective Value Partners LLC
Prospective Value Partners LLC is a fee-only investment adviser registered with the securities regulator of Iowa, with its main office in Des Moines, Iowa. On its latest Form ADV, filed February 12, 2026, it reports $76M in regulatory assets under management, 36 individual clients and 1 employee who gives 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 | State-registered: Iowa |
|---|---|
| Firm CRD number | 258786 |
| Office | 309 Court Avenue Suite 211 Des Moines, IA 50309 |
| Phone | (515) 875-4928 |
| Website | www.prospectivevp.com |
| Regulatory assets under management | $76M |
| Individual clients | 7 non-high-net-worth, 29 high-net-worth |
| Financial planning clients | Not reported |
| How it charges | Percentage of assets |
| Services | Portfolio management |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | February 12, 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 charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- 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.
Other fee-only advisers in Des Moines
- Peterson Financial Group, Inc. $299M
- Altitude Capital Management LLC $104M
- West Financial Advisors, L.L.C. $674M
- Polson Wealth Management $139M
- LW Advisors, L.L.C. $36M
- Koios Private Family Offices, LLC $4.6M
See all 7 fee-only advisers in Des Moines →
Nearby
- Windsor Heights 1 firm
- 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 Prospective Value Partners LLC? Update this listing.