Main Street Financial Life Advisors, LLC provides investment management services on both a discretionary and non-discretionary basis. Before managing investments, the firm requires clients to have a financial plan developed for an initial fixed fee. Main Street Financial Life Advisors allocates and monitors investment assets based on each client's individual objectives, risk tolerance, and financial plan. The firm also offers comprehensive reporting services for assets it does not directly manage, and can assist with tax preparation services, or coordinate with outside professionals for tax, insurance, and accounting needs. Main Street Financial Life Advisors primarily serves individuals, business entities, trusts, estates, and charitable organizations.
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 at the firm's discretion based on factors such as portfolio composition, complexity, and anticipated services.