KL
KL

Kyle Lechtenberg

3 Years of Experience
West Des Moines, IA
BrokerSells Insurance

Kyle Lechtenberg is a registered investment advisor at Fbl Wealth Management, LLC, based in West Des Moines, IA, with 3 years of industry experience. Kyle operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Insurance Planning, and 4 more. Their firm serves 7,106 clients with $8.7M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
216 advisors
Number of Clients
7,106 clients
Average Client Portfolio
$1K average
Assets Under Management
$8.7M

Fee Structure

Minimum Investment:$1M
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1000K1.50%
$1.0M - $3.0M1.25%
$3M+1.00%

Fees are negotiable. Clients that utilize only RBC UP Specialty Portfolio without a model provider fee in their allocation will receive up to a 25-basis point (.25%) discount to the Program Fee. Clients in the RBC Advisor Program will also receive up to a 25-basis point (.25%) discount to the Program Fee.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

5400 University Ave, West Des Moines, IA, 50266

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Kyle is a full-time insurance agent with Farm Bureau Life and Farm Bureau Property and Casualty since 2025. He also owns NorthView Family Farms, LLC, dedicating a few hours per week to the farming company, and is an investment adviser representative with FBL Wealth Management, LLC.

Employment History
Current Registrations
Fbl Wealth Management, LLC
March 2025 - Present · 1 yr 2 mos
Fbl Marketing Services, LLCBroker
March 2025 - Present · 1 yr 2 mos
Previous Registrations
Ameriprise Financial Services, LLC
August 2022 - March 2025 · 2 yrs 7 mos
Ameriprise Financial Services, LLCBroker
June 2022 - March 2025 · 2 yrs 9 mos
State Registrations4 states
MINEUTWI
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Kyle Lechtenberg - Financial Advisor | TrueAdvisor