MAIN LINE GROUP WEALTH MANAGEMENT, LLC
Adviser information for MAIN LINE GROUP WEALTH MANAGEMENT, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Pennsylvania, United States |
Employees
| Total Number of Employees | 2 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 253 | $102.8M |
| Non-Discretionary | 0 | $0 |
| Total | 253 | $102.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 17 | $11.1M |
| HNW Individuals | 39 | $83.2M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 2 | $8.6M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-124756 |
|---|---|
| SEC ERA File Number | 801-124756 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 150964 |
| Legal Entity Identifier | None |
Principal Office
2105 BEAR HOLLOW DRPARK CITY
UT
United States
Monday - Friday, 9:00AM - 4:30PM
Tel: 610-828-8288, Fax: 610-643-3047
Chief Compliance Officer
DOUGLAS KOBAK
MANAGING MEMBER
2105 BEAR HOLLOW DR
PARK CITY
UT
United States
Tel:
610-828-8288
Fax:
610-643-3047
D************@********M
(Full email address available in API data)
Regulatory Contact
JEFF JOHNSON
SENIOR PRINCIPAL CONSULTANT
103 BRADFORD RD STE 200
WEXFORD
PA
United States
Tel:
7249356767
J***********@************M
(Full email address available in API data)
Industry Affiliates
| MLG VENTURE PARTNERS LLC - F3 | Sponsor, GP, manager of pooled investment vehicles |
| MLG VENTURE PARTNERS LLC - RS | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MLG VENTURE PARTNERS LP - F3 | Venture Capital Fund | $6.6M | $0.3M | 4 |
| MLG VENTURE PARTNERS LP - RS | Venture Capital Fund | $2.0M | $0.1M | 23 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| KOBAK, DOUGLAS, LOUIS | Individual | – | MANAGING MEMBER CHIEF COMPLIANCE OFFICER | 08/2009 | > 75% |