Des Moines Investments, Llc
- Regulatory AUM
- $246M
- Discretionary
- $246M
- Clients
- 700
- Avg AUM / client
- $351K
- Accounts
- 1,497
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jun 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 625 | $146M | 59.3% |
| High net worth individuals | 75 | $100M | 40.7% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Daniel Harkin | Owner | CFP Chartered Financial Consultant | Oct 2006 (20y) | 75% or more |
| Matthew Sean Kimberley | Cco | Jan 2021 (6y) | Less than 5% | |
| Dillon T Kimberley | Registered representative | Feb 2025 (1y) | ||
| Larry Douglas King | Registered representative | May 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/17/2026 | 1000 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IN MARCH OF 2022, DES MOINES INVESTMENTS (DSMI) MOVED FROM BEING A STATE-REGISTERED INVESTMENT IN IOWA TO BECOMING REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC). THIS CHANGE CAME FROM AN INCREASE IN ASSETS MANAGED OVER $100 MILLION. PREVIOUS TO THE CONVERSION, MR. HARKIN AND MR. KIMBERLEY PROVIDED INVESTMENT ADVISORY SERVICES FOR COMPENSATION TO MORE THAN FIVE MISSOURI RESIDENT CLIENTS WITHOUT BEING REGISTERED OR EXEMPT FROM REGISTRATION AS AN INVESTMENT ADVISER IN MISSOURI. ON MARCH 29, 2022, DSMI PROACTIVELY CONTACTED THE STATE OF MISSOURI'S REGISTRATION SECTION OF THE SECURITIES DIVISION BY TELEPHONE ASKING FOR REGISTRATION ASSISTANCE. DSMI WAS SPECIFICALLY INQUIRING ABOUT THE NUMBER OF CLIENTS NEEDED BEFORE REGISTRATION IS REQUIRED IN THE STATE OF MISSOURI, THUS SELF-REPORTING REGISTRATION ISSUES. SUBSEQUENTLY, MISSOURI FOUND DES MOINES INVESTMENTS IN VIOLATION FOR PROVIDING INVESTMENT ADVISER SERVICES TO MORE THAN FIVE CLIENTS (SECTION 409.4-403 (A) AND WAS ORDERED CIVIL AND ADMINISTRATIVE PENALTIES AND FINES TOTALING $7,500. Status: Final Sanction Detail: $2,500 FOR DAVID D HARKIN $2,500 FOR MATTHEW SEAN KIMBERLEY $2,500 FOR DSMI PAID JUNE 2022 Summary: IN MARCH OF 2022, DES MOINES INVESTMENTS (DSMI) MOVED FROM BEING A STATE-REGISTERED INVESTMENT IN IOWA TO BECOMING REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC). THIS CHANGE CAME FROM AN INCREASE IN ASSETS MANAGED OVER $100 MILLION. PREVIOUS TO THE CONVERSION, MR. HARKIN AND MR. KIMBERLEY PROVIDED INVESTMENT ADVISORY SERVICES FOR COMPENSATION TO MORE THAN FIVE MISSOURI RESIDENT CLIENTS WITHOUT BEING REGISTERED OR EXEMPT FROM REGISTRATION AS AN INVESTMENT ADVISER IN MISSOURI. ON MARCH 29, 2022, DSMI PROACTIVELY CONTACTED THE STATE OF MISSOURI'S REGISTRATION SECTION OF THE SECURITIES DIVISION BY TELEPHONE ASKING FOR REGISTRATION ASSISTANCE. DSMI WAS SPECIFICALLY INQUIRING ABOUT THE NUMBER OF CLIENTS NEEDED BEFORE REGISTRATION IS REQUIRED IN THE STATE OF MISSOURI, THUS SELF-REPORTING REGISTRATION ISSUES. SUBSEQUENTLY, MISSOURI FOUND DES MOINES INVESTMENTS IN VIOLATION FOR PROVIDING INVESTMENT ADVISER SERVICES TO MORE THAN FIVE CLIENTS (SECTION 409.4-403 (A) AND WAS ORDERED CIVIL AND ADMINISTRATIVE PENALTIES AND FINES TOTALING $7,500.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 17, 2026.
View current Form ADV (SEC/IAPD) ↗