Main Line Financial Advisors, LLC. (Malvern)


Main Line Financial Advisors, LLC. is a related adviser based in Malvern. It manages $10.46 million of regulatory assets for 62 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Pennsylvania.

Main Line Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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 Line Financial Advisors: assets under management

The assets under management (AUM) of Main Line Financial Advisors, LLC. is $10.46 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.68 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Main Line Financial Advisors, LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Main Line Financial Advisors serves?

The only and largest group of clients of Main Line Financial Advisors is individuals with 36 clients and $10.46 million of assets under management. Among the 3 most similar advisory firms, Main Line Financial Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $10.46 million for 36 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Main Line Financial Advisors doesn't advise any private funds.

Careers at Main Line Financial Advisors, LLC.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Derek Stephen Menaldino has served as the Chief Investment Officer since 1 Jan 2011. Alfred Francis Matarazzo joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alfred Francis Matarazzo Senior partner 1 Jan 1991 Other 322635
Alfred Francis Matarazzo Managing partner 1 Jan 1996 75% - 100% 2232383
Alfred Francis Matarazzo Chief compliance officer 1 Jan 2008 75% - 100% 2232383
Derek Stephen Menaldino Chief investment officer 1 Jan 2011 25% - 50% 5087135

Based in Malvern

The principal office where Main Line Financial Advisors, LLC. performs its advisory services is located at 110 N Phoenixville Pike, Malvern, PA 19355, 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 800-266-6532 or by fax 855-406-9546. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at mlfa.com.