{
  "crd_number": 305834,
  "slug": "main-street-financial-solutions-llc-newtown-pa-305834",
  "primary_business_name": "MAIN STREET FINANCIAL SOLUTIONS, LLC",
  "legal_name": "MAIN STREET FINANCIAL SOLUTIONS, LLC",
  "dbas": [
    "CLOVERLY WEALTH MANAGEMENT",
    "COLLABORATIVE WEALTH ADVISORY",
    "EXITFOUR WEALTH PARTNERS",
    "GENCAPITAL ADVISORY PARTNERS",
    "JJM FINANCIAL GROUP",
    "JUNO WEALTH MANAGEMENT",
    "MASS FINANCIAL MANAGEMENT",
    "THIN BLUE LINE FINANCIAL",
    "TWIN LIGHTS WEALTH MANAGEMENT"
  ],
  "city": "Newtown",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-01-02",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-08-10",
  "carried_forward": false,
  "raum_total": 2508000000.0,
  "raum_discretionary": 2475000000.0,
  "raum_non_discretionary": 33000000.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 41,
  "advisory_employees": 35,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 6000000.0,
      "count": 24
    },
    "individuals": {
      "raum": 301000000.0,
      "count": 1275
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 24000000.0,
      "count": 60
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 2086000000.0,
      "count": 706
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 91000000.0,
      "count": 46
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "ID",
    "IL",
    "MA",
    "MD",
    "MI",
    "NC",
    "NH",
    "NJ",
    "NY",
    "PA",
    "RI",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://cloverlywm.com",
    "https://cwagroup.us",
    "https://exitfour.com",
    "https://facebook.com/gencapitalwealthmanagement",
    "https://facebook.com/profile.php?id=61554303732358",
    "https://gencapital.com",
    "https://instagram.com/exitfour_wp",
    "https://instagram.com/tblfinancial",
    "https://instagram.com/thinblueline_financial",
    "https://junowm.com",
    "https://linkedin.com/company/exitfour",
    "https://linkedin.com/company/gencapital",
    "https://linkedin.com/company/main-street-financial-solutions-llc/mycompany",
    "https://linkedin.com/in/amyleis",
    "https://linkedin.com/in/michael-bukowski-cfp?-8829476=",
    "https://linkedin.com/in/ridge-chambers-7615321a4",
    "https://linkedin.com/in/williamjcuthbertson",
    "https://linkedin.com/pub/dir/Bill/Dougherty, CFA",
    "https://linkedin.com/today/author/nv-f",
    "https://msfsolutions.com",
    "https://tblfinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305834",
  "disclosure_items": [
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "NEWTOWN",
  "url": "https://advisorcensus.com/firm/main-street-financial-solutions-llc-newtown-pa-305834",
  "display_name": "Main Street Financial Solutions, LLC",
  "summary": "Main Street Financial Solutions, LLC is an SEC-registered investment advisory firm in Newtown, PA, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.",
  "citation": "AdvisorCensus. Main Street Financial Solutions, LLC (CRD 305834): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Main Street Financial Solutions, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Main Street Financial Solutions, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Main Street Financial Solutions, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 10, 2026 states: Flat fee: $300 to $15,000 (financial planning and consulting services under a stand-alone engagement). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Main Street Financial Solutions, LLC located?",
      "a": "Main Street Financial Solutions, LLC's principal office is in Newtown, PA, according to its Form ADV; the September 2026 filing also lists 11 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Main Street Financial Solutions, LLC registered with the SEC or a state?",
      "a": "Main Street Financial Solutions, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 305834."
    },
    {
      "q": "How much does Main Street Financial Solutions, LLC manage?",
      "a": "Main Street Financial Solutions, LLC reports $2,508,000,000 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (99% discretionary)."
    },
    {
      "q": "How have Main Street Financial Solutions, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Main Street Financial Solutions, LLC: Regulatory assets under management: $1,372,437,272 in the October 2021 data and $2,508,000,000 in the October 2026 data, up 83%. Total employees: 27 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Main Street Financial Solutions, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,275); high net worth individuals (706); pension and profit sharing plans (but not the plan participants or government pension plans) (60)."
    },
    {
      "q": "Which custodians does Main Street Financial Solutions, LLC use?",
      "a": "Main Street Financial Solutions, 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."
    },
    {
      "q": "Does Main Street Financial Solutions, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(4) (SEC or CFTC order) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/305834"
    },
    {
      "q": "What changed in Main Street Financial Solutions, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Livingworth Wealth Advisors. No longer lists the business name Arsenal Capital Advisors. No longer lists an office in Chevy Chase, MD. No longer lists an office in Conshohocken, PA. No longer lists an office in Greensboro, GA. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1372437272.0,
      "total_employees": 27,
      "filing_date": "2021-03-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1568586836.0,
      "total_employees": 27,
      "filing_date": "2022-04-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1575472221.0,
      "total_employees": 41,
      "filing_date": "2023-10-04"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1770646602.0,
      "total_employees": 41,
      "filing_date": "2024-09-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2494613000.0,
      "total_employees": 41,
      "filing_date": "2025-06-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2508000000.0,
      "total_employees": 41,
      "filing_date": "2026-08-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Livingworth Wealth Advisors.",
        "No longer lists the business name Arsenal Capital Advisors.",
        "No longer lists an office in Chevy Chase, MD.",
        "No longer lists an office in Conshohocken, PA.",
        "No longer lists an office in Greensboro, GA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Added the business name Twin Lights Wealth Management."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Item 11 disclosure answers changed: 2 yes answers, previously 0 (now yes: 11.C(4), 11.C(5))."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 10, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $300 to $15,000 (financial planning and consulting services under a stand-alone engagement)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $300 to $15,000 (financial planning and consulting services under a stand-alone engagement)"
        ],
        "quotes": [
          "Main Street Financial Solutions charges a fixed fee for providing financial planning and consulting services under a stand-alone engagement. These fees are negotiable but typically range from $300 to $15,000"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 300.0,
          "max": 15000.0,
          "period": "one_time",
          "service": "financial planning and consulting services under a stand-alone engagement"
        }
      ]
    },
    "quotes": [
      "Main Street Financial Solutions charges a fixed fee for providing financial planning and consulting services under a stand-alone engagement. These fees are negotiable but typically range from $300 to $15,000"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/main-street-financial-solutions-llc-newtown-pa-305834.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1275,
      "fewer_than_5": false,
      "raum": 301000000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 706,
      "fewer_than_5": false,
      "raum": 2086000000.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 60,
      "fewer_than_5": false,
      "raum": 24000000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 24,
      "fewer_than_5": false,
      "raum": 6000000.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 46,
      "fewer_than_5": false,
      "raum": 91000000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305834",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}