Main Street Research, LLC (“Main Street”) is an investment adviser located in Sausalito, California.
Read Main Street’s form ADV Part II here.
Read Main Street’s form ADV Part II here.
Main Street and its investment adviser representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states in which Main Street maintains clients. Main Street may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements.
Main Street’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Main Street’s website on the Internet should not be construed by any consumer and/or prospective client as Main Street’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Main Street with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Main Street, please contact the SEC or the state securities law administrators for those states in which Main Street maintains a notice filing.
A copy of Main Street’s current written disclosure statement discussing Main Street’s business operations, services, and fees is available from Main Street upon written request. Main Street does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Main Street’s website or incorporated herein, and takes no responsibility thereto. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended or undertaken by Main Street) or product made reference to directly or indirectly by Main Street on its website, or indirectly via a link to an unaffiliated third party website, will be profitable or equal to the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.
Articles, Newsletters & Market Commentary
All information provided in all Articles, Newsletters and Market Commentaries or other pages included on our website is for informational purposes only and no warranty is either expressed or implied by their presentation. The information presented may contain a discussion of, and/or provide access to, Main Street’s (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Main Street, or from any other investment professional. Main Street manages portfolios according to each client’s specific investment needs. Therefore, each client’s portfolio has its unique set of circumstances and consequently, investment results. Main Street’s outlook may change if new information is provided by the client or if there are material changes in the market or investment recommendations. Opinions expressed on this site or in the articles accessible are subject to change without notice and, due to the rapidly changing nature of the security markets, may quickly become outdated.
Main Street is neither an attorney nor accountant, and no portion of the website content should be interpreted as legal, accounting or tax advice. Furthermore, the prospective client is solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for the prospective client based on the prospective client’s investment objectives and personal and financial situation. The prospective client should consult with an investment professional, or an attorney or tax professional regarding their specific investment, legal or tax situation.
Inherent in any investment is the potential for loss. Information contained in our Articles, Newsletters, Market Commentaries and other areas of the website is from sources believed to be reliable. Information contained in third party articles were prepared by independent outside parties and the accuracy of any such information may have changed subsequent to the publication of the article. Main Street does not guarantee the accuracy or completeness of information in these articles and assumes no liability for damages resulting from or arising out of the use of such information.
To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Main Street’s website, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Main Street, or from any other investment professional.
Each client and prospective client agrees, as a condition precedent to his/her/its access to Main Street’s website, to release and hold harmless Main Street, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Main Street.
The firm offers clients two different fee structure options, one based solely on client assets under management (Traditional Fee), or one based on a combination of assets and performance (Performance-based Fee). While the performance-based fee structure aligns the interests of management with those of the client’s results, it may create an incentive for the firm to recommend riskier investments to generate higher returns. Further, since the firm also manages client accounts that do not pay performance-based fees, it may create an incentive for the firm to favor performance-based fee accounts. However, as a fiduciary, the firm aims to act in the best interest of its clients and subscribes to managing traditional fee and performance-based fee clients in a similar fashion.
Council on Foundations
The Council on Foundations (Council) is a nonprofit leadership association whose mission is to provide opportunity, leadership, and tools needed by philanthropic organizations to expand, enhance and sustain their ability to advance the common good. Members pay annual dues to use the Council as a source of philanthropic resource, professional development and to connect with other members in philanthropy. Full Voting Members are foundations, corporations or philanthropic entities primarily active in charitable giving. Associate Members, such as Main Street, are entities, businesses, consultants or individuals that can provide support to those foundations, corporations, or philanthropic entities.
FA Financial Advisor Magazine Ranking
Main Street Research is independent of and unaffiliated with Financial Advisor Magazine (FA Magazine), the creator of the 2016 Registered Investment Advisor (“RIA”) Survey & Ranking. The rating noted was given based on specific criteria and methodology defined by FA Magazine. Main Street Research did not pay a fee to be included in the database. FA Magazine ranked 610 RIA participants based solely on the growth rate of discretionary and non-discretionary assets under management as reported on their firms’ 2014 and 2015 form ADV. The ratings are for informational purposes only and no warranty is either expressed or implied by their presentation. The ratings may not be representative of any one client’s experience because it reflects an average of all, or sample of all, the experiences of an adviser’s clients. Main Street’s receipt of such rating should not be considered a guarantee of future performance or results.
All web pages are intellectual property of Main Street Research, LLC and are protected by copyright laws. All copyrights for Main Street web presence are owned by Main Street with all rights reserved. Any individual is allowed to view, print, and link to these pages provided they observe the following:
- The documents can only be used for non-commercial purposes.
- Our documents may not be associated with anything which is illegal, unethical or immoral.
- Our documents may only be used for informational purposes.