Main Management, LLC is a large advisory firm based in San Francisco. It manages $715.39 million of regulatory assets for 215 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Kentucky, New Jersey, Texas, and Washington.
Main Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Main Management, LLC is $715.39 million. The firm's AUM has grown by 2455% since the beginning of its operation, and $12.31 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Main Management, LLC for their services and products based on a percentage of assets under management and fixed 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Main Management is high net worth individuals with 119 clients and $456.53 million of assets under management. Among the 10 most similar advisory firms, Main Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $715.39 million for 197 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Main Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 12 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Main Management, LLC performs its advisory services is located at 601 California Street, San Francisco, CA 94108, which is also the mailing address of the firm. An additional office of the firm is in Rutherford, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-217-5800 or by fax 415-217-5809. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at mainmgt.com.