Douglas Kobak
Douglas Kobak is a CFP-designated registered investment advisor at Main Line Group Wealth Management, LLC, based in Park City, UT, with 35 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 57 clients with $110M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees are negotiable, especially for larger accounts. The total client fee when a third-party investment adviser is used will not exceed 3% of assets under management.
Fee Estimator
Location
Park City, UT
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Douglas is an investment advisor representative of Main Line Group Wealth Management and a member of Main Line Group Consulting. He is also a member-manager for 153 Investments LLC, for which he receives no compensation.
Employment History
Current Registrations
Main Line Group Wealth Management, LLC
Previous Registrations
American Equity Investment CorporationBroker
Coastal Equities, INC.Broker
Diastole Wealth Management
Collective Financial Services, LLCBroker
Morgan Stanley Smith BarneyBroker
Morgan Stanley Smith Barney LLC
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Cantor Fitzgerald & CO.Broker
Lehman Brothers INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.