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When the company was first formed in 1999, we were surprised to find that the name “Main Street Financial” was still available in the State of New York.  How could it be that no investment advisor or stock brokerage firm had ever sought to do business under that name or under anything but the typical Wall Street style that places their own profit ahead of that of their customers? 

In the aftermath of the most recent financial crisis, there has been much talk about how Wall Street firms operate and how they don’t serve Main Street investors very well.  

Main Street Financial operates under a business model that supports investors.   We follow a fiduciary standard of care for our clients which means that we place our clients’ interests ahead of our own.  Our clients have our total allegiance.

We do not work on commissions and we do not get paid to sell investments.   We charge a fee based on the level of assets we manage so, as our clients’ portfolios grow, our revenue grows.  We do not have sales quotas and we do not have to answer to corporate mandates.   We serve only our clients.   Our success is tied to the success of our clients which we believe is a “win-win” approach. 

It might sound a bit old-fashioned but we believe that it is possible to serve clients well AND be profitable.   It is not only an honorable way of conducting business  …  it actually works!   Our client retention rate since we started doing business is 99%.