Main Street Financial Advisors (MSFA) provides investment management and asset allocation services to individuals and trusts. Steve Mitchell, the sole owner and advisor, considers a client's profile, the business cycle, and economic conditions when providing advice. MSFA manages accounts with full discretion, meaning trades can be placed without prior permission for each specific trade. Clients are required to hold accounts with Interactive Brokers, LLC.
Assets Under Management$4.5M
Clients14
Advisors1
Avg. per Client$320K
Avg. per Advisor$4.5M
Fee Structure
Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 2.00% |
| $50K - $100K | 1.50% |
| $100K - $200K | 1.25% |
| $200K - $700K | 1.00% |
| $700K - $1.0M | 0.90% |
| $1M+ | 0.80% |
If Client is predominantly in fixed income, mutual funds, or some form of sub-account, a lesser percentage may be negotiated. The Client may take advantage of lower fees by using account aggregation. There can also be a negotiated rate, fee, or retainer should the Client choose.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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