Des Moines Investments, LLC

Des Moines Investments, LLC., founded in 2006 by David D. Harkin, CFP®, CLU, ChFC, and later joined by Matthew Sean Kimberley, is an SEC-registered investment advisor based in Des Moines, Iowa. The firm, acting as a fiduciary, offers personalized investment management services tailored to clients' goals, risk tolerance, and financial situation. Services include ongoing portfolio management, financial planning, and investment advice for individuals and businesses. Des Moines Investments manages assets totaling $194,283,224 on a discretionary basis as of March 2025. Fees are charged quarterly, ranging from 1% to .80% annually, with negotiable rates based on account balances and trading activity. The firm does not engage in performance-based fees or side-by-side management. Investment strategies include long-term purchases, short-term purchases, and trading, with a focus on diversification and risk management. Clients are advised on potential risks, including market, foreign securities, capital, and interest rate risks. The firm uses Charles Schwab as its custodian and brokerage platform, offering various benefits and services. Clients have investment discretion, with DSMI making investment decisions based on clients' needs and preferences. The firm maintains a Code of Ethics and a business continuity plan to ensure client protection and service continuity. Clients receive regular account reviews and access to statements and tax information through Charles Schwab. Referrals may result in gift cards, and the firm does not take physical custody of client funds. Clients have the right to terminate the advisory relationship with a 10-day notice.