Wealth manager, independent · Newtown, PA
Main Street Financial Solutions, LLC
SEC-registered investment adviser · CRD 305834 · SEC 801-117871
At a glance
Main Street Financial Solutions, LLC is an SEC-registered investment adviser based in Newtown, Pennsylvania, with $2.5B in regulatory assets under management as of its Form ADV filed August 10, 2026. It reports 1,981 individual clients, 706 of them high-net-worth, holding an average of about $1.2 million each, and 41 employees. That ranks it 451st among the nation’s 5,657 independent wealth management RIAs and 37th of 260 in Pennsylvania. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 215-259-5021msfsolutions.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.5B
- Rank among independent wealth managers
- #451 of 5,657
- Rank among all SEC RIAs
- #3,169 of 17,210
- Rank in Pennsylvania
- #37 of 260
- Individual clients
- 1,981
- High-net-worth clients
- 706
- Accounts
- 5,846
- Discretionary
- 99% of AUM
- Employees
- 41
- Advisory staff
- 35
- Offices
- 22
Owners and executives on its Form ADV
- Brett R. DankoManaging Member & Chief Executive Officer
- Michael S. MinterChief Investment Officer
- Courtney A. ElliottChief Operating Officer
- Marie T. DzelzgalvisChief Financial Officer
- Thomas E. DurkinPresident & Managing Partner
- Colin M. MoorsCCO
Custody and brokerage
Broker-dealer
Hybrid RIA
Main Street Financial Solutions, LLC is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed August 2026) names Purshe Kaplan Sterling Investments, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
irm’s Supervised Persons, in their individual capacities as registered representatives of Purshe Kaplan Sterling Investments (“PKS”), an independent and unaffiliated broker-dealer registered with the SEC and a member of FINRA and the SIPC.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 706 | $2.1B | 83% |
| Individuals | 1,275 | $301M | 12% |
| Corporations or other businesses | 46 | $91M | 4% |
| Pension and profit sharing plans | 60 | $24M | <1% |
| Charitable organizations | 24 | $6M | <1% |
Disciplinary disclosures
Main Street Financial Solutions, LLC answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗msfsolutions.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 5 years of filings
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- Rank against 1,606 peers of its type and size
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- 6 namedLocked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Jacobi Capital Management, LLCPittston | $2.6B | 2,900 |
| Cookson Peirce Wealth ManagementPittsburgh | $2.6B | 1,544 |
| RKL Private WealthLancaster | $2.5B | 948 |
| Guyasuta Investment Advisors, IncorporatedPittsburgh | $2.4B | 451 |
| Traynor Capital ManagementMalvern | $2.4B | 1,590 |
| Corient SHC Wealth Management (US) LPPhiladelphia | $2.3B | 73 |
Background
Questions
How much does Main Street Financial Solutions, LLC manage?
Main Street Financial Solutions, LLC reports $2.5B in regulatory assets under management across 5,846 accounts, 99% of it on a discretionary basis, on its Form ADV filed August 10, 2026.
How many clients does Main Street Financial Solutions, LLC have?
It reports 1,981 individual clients: 706 high-net-worth individuals and 1,275 other individuals. Individuals account for about 95% of its regulatory assets.
Where is Main Street Financial Solutions, LLC headquartered?
Its main office is in Newtown, Pennsylvania. It reports 22 offices in total and 41 employees, 35 of whom perform investment advisory functions.
How does Main Street Financial Solutions, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Main Street Financial Solutions, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed August 10, 2026, it reports these amounts held: Charles Schwab ($2.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Main Street Financial Solutions, LLC a hybrid RIA with a broker-dealer?
Main Street Financial Solutions, LLC is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Main Street Financial Solutions, LLC a fiduciary?
As an SEC-registered investment adviser, Main Street Financial Solutions, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 3 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Main Street Financial Solutions, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-10), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →