MAINLINE PRIVATE WEALTH, LLC
Adviser information for MAINLINE PRIVATE WEALTH, LLC last updated from Form ADV on March 30th, 2023. 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 | Delaware, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 3 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 413 | $747.0M |
| Non-Discretionary | 445 | $45.8M |
| Total | 858 | $792.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 27 | $9.1M |
| HNW Individuals | 65 | $774.2M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| 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 | <5 | $9.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 5 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsCONSULTING |
|---|---|
| Compensation | % of AUMFixed fees |
Principal Office
308 E. LANCASTER AVENUESUITE 300
WYNNEWOOD
PA
United States
Monday - Friday, 8:30 AM TO 5:00 PM
Tel: 610-896-2050, Fax: 610-896-3410
Chief Compliance Officer
DONNA M. RITTERSHAUSEN
CHIEF COMPLIANCE OFFICER
308 E. LANCASTER AVENUE
SUITE 300
WYNNEWOOD
PA
United States
Tel:
610-896-3017
Fax:
610-896-3349
D******@*************M
(Full email address available in API data)
Industry Affiliates
| CMS FUND ADVISERS, LLC | Other investment adviser, including financial planners |
| MAINLINE INVESTMENT ADVISERS, LLC | Other investment adviser, including financial planners |
| MAINLINE INVESTMENT PARTNERS OR MAINLINE COMPANIES | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
| MAINLINE SECURITIES LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealerInsurance company or agency |
| MERION CRANBERRY GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION EAGLE RIDGE GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION GROTON GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION LOCUST GROVE GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION MILFORD GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION MILLSBORO GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION MULTIFAMILY FUND III GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| MERION REALTY ADVISERS, LLC | Other investment adviser, including financial planners |
| MERION REALTY INVESTMENT PARTNERS, LLC OR MERION REALTY PARTNERS | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
| MERION REALTY VENTURES, LLC OR MERION REALTY PARTNERS | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
| MERION RESIDENTIAL | Real estate broker or dealer |
| MERION SHELTON GP, LLC | Sponsor or syndicator of limited partnerships |
| MERION STRATFORD GP, LLC | Sponsor or syndicator of limited partnerships |
| MMIF II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MAINLINE INVESTMENT PARTNERS, LLC | Domestic Entity | – | MEMBER/MANAGER | 10/2011 | 50-75% |
| LANDMAN, WILLIAM, ALAN | Individual | – | PRINCIPAL, MANAGER OF MANAGING MEMBER | 10/2011 | < 5% |
| CLAPPER, DAVID, ANDREW | Individual | – | PRINCIPAL, VICE PRESIDENT AND ASSISTANT SECRETARY | 10/2011 | < 5% |
| DROZ, GARY, PAUL | Individual | – | MANAGING DIRECTOR, SENIOR VICE PRESIDENT AND ASSISTANT SECRETARY | 10/2011 | < 5% |
| TURBINER, DAVID, SAUL | Individual | – | DIRECTOR OF ADVISORY SERVICES, VICE PRESIDENT AND SECRETARY | 11/2011 | < 5% |
| LANDMAN, WILLIAM, ALAN | Individual | MAINLINE INVESTMENT PARTNERS, LLC | MEMBER AND MANAGER | 10/2011 | > 75% |
| RITTERSHAUSEN, DONNA, MARIE | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2012 | < 5% |
| RS 2018 NV TRUST | Domestic Entity | – | INVESTOR MEMBER | 10/2021 | 10-25% |
| MLPW INVESTOR, INC. | Domestic Entity | – | INVESTOR MEMBER | 10/2021 | 10-25% |
| RS MANAGEMENT ADVISORS, LLC | Domestic Entity | RS 2018 NV TRUST | TRUSTEE | 10/2021 | |
| CAPE CAPITAL HOLDINGS AG | Foreign Entity | MLPW INVESTOR, INC. | SHAREHOLDER | 10/2021 | > 75% |
| ROMANELLI, WILLIAM, J | Individual | – | CHIEF FINANCIAL OFFICER, TREASURER | 03/2022 | < 5% |