Main Street Advisors, B.D. (Santa Monica)


Main Street Advisors, B.D. is a large advisory firm based in Santa Monica. It manages $191.84 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Main Street Advisors, B.D provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Main Street Advisors, B.D: assets under management

The assets under management (AUM) of Main Street Advisors, B.D. is $191.84 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $93.84 million in discretionary accounts and $98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $93.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $32.67 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Main Street Advisors, B.D. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Santa Monica

The principal office where Main Street Advisors, B.D. performs its advisory services is located at 3110 Main St, Santa Monica, CA 90405, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-392-7607 or by fax 310-392-3541. The normal business hours are 7 am - 7 pm on Monday - Friday.