Main Street Financial Life Advisors provides investment management services to individuals, businesses, trusts, estates, and charitable organizations. They also offer tax preparation services. Main Street does not offer financial planning directly, but may recommend that clients engage with representatives of Carson Wealth Management for financial planning and consulting services. Main Street may recommend unaffiliated private investment funds to qualified clients. They also offer comprehensive reporting services that can incorporate all of a client’s investment assets, including those not managed by Main Street.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.25% |
| $100K - $500K | 2.00% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable for accounts greater than $10,000,000. The Registrant generally requires a minimum asset amount of $500,000. The minimum asset level is negotiable and may be waived at the Registrant’s discretion.