Iowa State Bank
Iowa State Bank is a long-established community bank headquartered in Des Moines, Iowa, with a strong presence in the state. Founded in 1941, it operates five banking locations and serves individuals, businesses, and non-profits with banking and investment services. Its wealth management and investment division, ISB Investment Services, oversees $70 million in client assets and utilizes a relationship-driven approach to guide clients through retirement and investment planning. The broader bank oversees approximately $450 million in total assets and employs a dedicated staff to deliver financial solutions tailored to clients’ goals.
Investment Strategy
Iowa State Bank's investment strategy emphasizes personalized portfolio management, focusing primarily on large-cap domestic equities with additional exposure to small-cap, mid-cap, and international markets for diversification. Their fixed income philosophy is designed for stability and predictable returns, with portfolios tailored to reduce volatility and suit client-specific objectives. They offer comprehensive services including retirement planning, trust and agency accounts, and business retirement solutions, always working directly with clients to align investment strategies with long-term goals and values.
Top Holdings
Equity Positions (118)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IEFA | iShares Core MSCI EAFE ETF | 5.35% | $28.11B | 321,974 | $87.31 | $87.31 | +$28.11B |
I IJH | iShares Core S&P Mid-Cap 400 Index ETF | 4.76% | $25.00B | 383,147 | $65.26 | $65.26 | +$25.00B |
M MSFT | Microsoft Corp | 3.98% | $20.93B | 40,410 | $517.95 | $517.95 | +$20.93B |
J JPM | JP Morgan Chase & Co | 3.87% | $20.35B | 64,511 | $315.43 | $315.43 | +$20.35B |
A AAPL | Apple Inc | 3.81% | $19.99B | 78,511 | $254.63 | $254.63 | +$19.99B |