# Main Street Financial Advisors

> Main Street Financial Advisors is a state-registered investment advisory firm, registered since 2004, reporting under $25 million in regulatory assets under management in its Form ADV filing dated August 13, 2025.

- CRD: 132141
- Filed as: MAIN STREET FINANCIAL ADVISORS
- Legal name: Mitchell, Steven Mark
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Texas
- Filing period: October 2026
- Form ADV filing dated: August 13, 2025
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/132141
- AdvisorCensus page: https://advisorcensus.com/firm/main-street-financial-advisors-132141

## Quick answers

**How is Main Street Financial Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Main Street Financial Advisors reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Main Street Financial Advisors registered with the SEC or a state?**
Main Street Financial Advisors is a state-registered investment advisory firm, registered since 2004. Status as filed: APPROVED. CRD 132141.

**How much does Main Street Financial Advisors manage?**
Main Street Financial Advisors reports $4,463,267 in regulatory assets under management in its Form ADV filing dated August 13, 2025 (100% discretionary).

**What types of clients does Main Street Financial Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (9); high net worth individuals (5).

**Does Main Street Financial Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/132141

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $4,463,267
- Discretionary: $4,463,267
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $1,217,516 |
| High net worth individuals | 5 | $3,245,751 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2004 (22 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Main Street Financial Advisors (CRD 132141): Form ADV filing data as of October 2026.