Main Street Asset Management offers investment advice to individuals, pension plans, trusts, estates, charities, corporations, and other organizations. They also offer market timing services, educational seminars, and advice on real estate investments. They work with clients to identify their investment goals and risk tolerance to create a suitable portfolio allocation. Portfolios may include stocks, bonds, ETFs, mutual funds, and other securities. They also assist in the management of self-directed IRAs and 401(k)s.
Fee Structure
Main Street Asset Management charges an annual fee based on the value of your investments. For publicly traded assets, the fee is typically 1% per year. For non-publicly traded assets and self-directed IRA/401(k) assets, the fee is typically 1.5% per year. This fee is paid quarterly. The fee may be based on the average daily account value if there are substantial deposits or withdrawals during the quarter.