• 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 and wealth 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 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 that position he was responsible for the firm’s municipal bond public sale underwriting.

“Working at D.M. Kelly & Company has been a very positive experience,” 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 is a great fit for my customers and I look forward to sharing with my clients the excellent products that are unique to D.M. Kelly & Company.”

In addition to holding the Series 7, 24, 52, 63 licenses, Arnie also is a licensed municipal securities principal having earned the Series 53 designation.

Arnie and his wife Diana have been married for over 30 years and have two children, (Michelle and Allison) and three grandchildren (Jackson, Grayson and Kennedy). In his spare time, he enjoys reading, all sports and playing golf.


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