• D.M. Kelly & Company
  • 3900 Ingersoll Avenue, Suite 300
  • Des Moines, IA 50312
  • 515-221-1133 • 800-998-9773

DMKC Advisory Services is a fee-based SEC registered investment advisor providing investment management services to a broad range of clients. DMKC Advisory Services is owned by its parent company D.M. Kelly & Company, an independent Des Moines Iowa based brokerage firm.

DMKC Institutional Services was formed with the goal of providing institutions with the same exceptional services our retail customers experience. Having an in-house trading department allows us to obtain competitive bids for our clients and offer an accessible channel of dealer contacts.

Arnie Ripperger

Arnie Ripperger

Vice President of Institutional Sales

(515) 473-6100

Arnie Ripperger was born and raised in Des Moines, Iowa and graduated from Dowling High School. He received a BS degree in business from Drake University and later an MBA from the University of Iowa.

Arnie began his career at Bankers Trust as a Management Trainee and was later acknowledged for his business acumen and promoted to the position of Vice President. Arnie’s interest in municipal securities led him to Ruan Securities where he worked for 23 years, ultimately obtaining the position of Vice President of Institutional Sales. In this position he was responsible for the firms municipal bond public sale underwriting.

“I am excited about the opportunity to join D.M. Kelly & Company,” says Arnie. “There are very few independent firms located in Iowa that have the inventory depth that D.M. Kelly & Company provides. Their focus on fixed-income investments will be a perfect fit for my customers and I look forward to sharing with them the excellent product that is unique to their business.”

In addition to having his Series 7, 24, 52, 63 Licenses, Arnie also is a Licensed Municipal Securities Principal with a Series 53 designation.

Arnie and his wife Diana have been married for 26 years and have two children, Allison and Michelle. In his spare time, he enjoys reading, attending his daughter’s volleyball games and playing golf.