Investment Management

Carroll County, Maryland Fee-only Investment Advisor

Main Street Advisors, LLC is a completely independent, fee-only Registered Investment Advisor firm based in Westminster, Maryland.

How We Serve

What we do best is instill “money confidence” in our clients through our advisory services so that they sleep well at night. Not only do we manage investments for our delegator clients, we also assist them in making smart decisions as we integrate the other key areas of financial planning: cash flow/income sourcing, risk management, tax reduction, retirement planning, and estate planning. The proper coordination of one’s investments with the other areas of financial planning is crucial to the long-term effectiveness and efficiency of one’s “money”. Our clients can expect a full-service approach as we always view finances using a 360-degree lens paying close attention to detail every step of the way.

Our firm provides continuous advice to clients regarding investment decisions based on the specific needs of the client. Through personal discussions in which goals, objectives, preferences, time horizon and risk tolerance are established, we develop a client’s personal investment plan and build and manage a portfolio based on that plan.

What We Offer

Our investment recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company and will include advice including but not limited to:

  • Open-end mutual funds (“no-load funds”)
  • Exchange-listed securities
  • Securities traded over-the-counter
  • Certificates of deposit
  • Municipal securities
  • Closed-end mutual funds
  • United States governmental securities

We offer several portfolios designed to meet the needs of a wide range of investors:

Portfolio Models

Model NameAllocationDescription
Balanced Growth & Income60% equities/40% fixed incomeHigh risk/return profile similar to that of most pension plans. While never guaranteed, we expect this model's average annual rate of return over the next ten years to approximate 6% net of fees. We also estimate its maximum three-month decline to be-16%.
Moderate Growth & Income40% equities/60% fixed incomeLower risk/return profile than the Balanced Growth & Income model. While never guaranteed, we expect this model's average annual rate of return over the next ten years to approximate 5% net of fees. We also estimate its maximum three month-decline to be-10%.
Capital Growth & Income80% equities/20% fixed incomeHigher risk/return profile than the Balanced Growth & Income model. While never guaranteed, we expect this model's average annual rate of return over the next ten years to approximate 7% net of fees. We also estimate its maximum three month-decline to be-23%.
Conservative Growth & Income20% equities/80% fixed incomeMuch lower risk/return profile than the Balanced Growth & Income model. While never guaranteed, we expect this model's average annual rate of return over the next ten years to approximate 4% net of fees. We also estimate its maximum three month-decline to be-5%.

Research and Analysis

We use a two-pronged approach regarding our research and analysis. Main Street Advisors, LLC utilizes the in-depth investment research and extensive knowledge of nationally recognized Litman Gregory Advisor Intelligence and analyst team, in addition to carefully vetting investments internally using our own due diligence screening process. A full-length due diligence report is compiled, including detailed commentary on the fund’s strategy, manager(s), portfolio construction, and historical performance, along with the rationale for recommending or approving the fund.

Continuous Monitoring

To ensure the portfolio remains suitable and the account continues to be managed in a manner consistent with our client’s specific financial circumstances, we provide periodic check in’s with clients, at least annually to determine whether there have been any changes in the client’s financial situation, investment objectives, risk tolerance, etc. Our door is always open for our clients and we encourage our clients to call with questions any time. Performance reports are sent quarterly to all clients, and a weekly market update is sent to those clients who choose to receive it.

Main Street Advisors has been navigating the financial markets in our home office in Carroll County, Maryland for over 20 years. As a true fee-only registered investment advisor fiduciary, we take this responsibility very seriously. We always put our client’s interests first and treat them with the honesty and respect they deserve.

Call us today to get started!

Main Street Advisors, LLC subscribes to Advisor Intelligence, a leading research service for investment professionals that is published by Litman Gregory Asset Management, an independent, fee-only wealth management firm based in the San Francisco Bay area.