# Main Line Group Wealth Management, LLC

> Main Line Group Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 150964
- Filed as: MAIN LINE GROUP WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/150964
- AdvisorCensus page: https://advisorcensus.com/firm/main-line-group-wealth-management-llc-150964

## Quick answers

**How is Main Line Group Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Main Line Group Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Main Line Group Wealth Management, LLC registered with the SEC or a state?**
Main Line Group Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 150964.

**How much does Main Line Group Wealth Management, LLC manage?**
Main Line Group Wealth Management, LLC reports $122,540,706 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Main Line Group Wealth Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for Main Line Group Wealth Management, LLC: Regulatory assets under management: $113,079,251 in the October 2022 data and $122,540,706 in the October 2026 data, up 8%. Total employees: 3 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Main Line Group Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (19); pooled investment vehicles (other than investment companies and business development companies) (2).

**Which custodians does Main Line Group Wealth Management, LLC use?**
Main Line Group Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Main Line Group Wealth Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/150964

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $122,540,706
- Discretionary: $122,475,553
- Non-discretionary: $65,153

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 19 | $13,777,043 |
| High net worth individuals | 41 | $100,195,623 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $8,568,040 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ, PA, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Conshohocken, PA

### Websites listed on Form ADV (Item 1.I)
- mlgwm.com
- LinkedIn @MLGWM
- LinkedIn @douglaskobak

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $113,079,251 | 3 | March 30, 2022 |
| October 2023 | $91,071,411 | 2 | July 26, 2023 |
| October 2024 | $102,782,567 | 2 | March 27, 2024 |
| October 2025 | $111,696,007 | 2 | June 23, 2025 |
| October 2026 | $122,540,706 | 3 | March 31, 2026 |

Regulatory assets under management: $113,079,251 in the October 2022 data and $122,540,706 in the October 2026 data, up 8%.
Total employees: 3 in October 2022 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Main Line Group Wealth Management, LLC (CRD 150964): Form ADV filing data as of October 2026.