Herbert Modglin
Herbert Modglin is a registered investment advisor at Five Talents Financial Management Group LLC, based in West Des Moines, IA, with 34 years of industry experience. Herbert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 1,039 clients with $260M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FTFMG's Wealth Management Program charges up to 2% of your portfolio per year. This fee is negotiable. The fee is calculated based on the value of your investments at the end of each quarter and is deducted from your account. You'll also pay for typical account expenses like transaction fees.
Location
1441 29th Street Ste 310, West Des Moines, IA, 50266
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2000Other Business ActivitiesSells Insurance
Herbert is an agent soliciting life and term insurance, dedicating about 10-20% of his time to this activity. He also provides investment advisory services through Five Talents Financial Management Group, spending significantly more than full-time hours on this.
Employment History
Current Registrations
Five Talents Financial Management Group LLC
LPL Financial LLCBroker
Previous Registrations
Visionpoint Advisory Group
Investacorp, INC.Broker
Broker Dealer Financial Services CORP.Broker
Successful Resource Management, LTD.
Securities America, INC.Broker
Wealth Enhancement Advisory Services, LLC
Wealth Enhancement Brokerage Services, LLCBroker
LPL Financial Corporation
LPL Financial CorporationBroker
H&r Block Financial Advisors, INC.
H&r Block Financial Advisors, INC.Broker
A. G. Edwards & Sons, INC.Broker
Olde Discount CorporationBroker
Dapco Securities, INC.Broker
State Registrations16 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.