Mainstreet RIA manages investment portfolios and provides retirement planning services for individuals, high net worth families, and business retirement plans. Mainstreet focuses on building personalized portfolios based on each client's goals, time horizon, and risk tolerance using fundamental and technical analysis. As part of managing investments, Mainstreet can also prepare a comprehensive financial plan covering estate plans, trusts, taxes, retirement income, and college planning at no additional charge. Mainstreet requires clients to keep their funds at Charles Schwab & Co. and operates primarily as an investment management firm.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $125K | 1.50% |
| $125K - $250K | 1.35% |
| $250K - $500K | 1.20% |
| $500K - $750K | 1.05% |
| $750K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $3.0M | 0.65% |
| $3.0M - $4.0M | 0.60% |
| $4.0M - $5.0M | 0.55% |
| $5.0M - $6.0M | 0.50% |
| $6.0M - $7.0M | 0.45% |
| $7.0M - $8.0M | 0.40% |
| $8.0M - $9.0M | 0.35% |
| $9.0M - $10.0M | 0.30% |
| $10M+ | 0.30% |
Fees are negotiable for accounts over $10,000,000. Accounts within the same household may be combined for a reduced fee.