Mainstreet Financial Group provides financial planning and investment management services. Financial planning covers various topics like net worth, cash flow, taxes, insurance, retirement, and college savings. Investment management involves creating customized portfolios, potentially using sub-advisors. Mainstreet monitors sub-advisors to ensure they adhere to the agreed-upon investment style. They also offer retirement plan consulting.
Fee Structure
Mainstreet Financial Group charges an annual management fee based on a percentage of your portfolio. The fee ranges from 0% to 1.50%. If a sub-advisor is used, their fee is included in Mainstreet's management fee. The total management fee is disclosed in your investment management agreement. Fees are negotiable, and you may be able to lower your fee by combining assets. The sub-advisor calculates and collects the fee quarterly.