Main Street Investment Advisors, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$246,575,643
Clients
142
Advisors
3
of 3 employees
About
Main Street Investment Advisors primarily serves high-net-worth individuals and private foundations, providing discretionary portfolio management and asset-allocation advice across equities, fixed income, mutual funds, ETFs and master limited partnerships. As of December 31, 2025 the firm reported approximately $250,312,643 in assets under management and generally requires a minimum account size for new relationships.
The firm’s investment process emphasizes identifying large-cap companies with strong competitive positions using both fundamental and technical analysis and a wide range of research sources (including Fidelity Institutional, S&P, Moody’s and Morningstar). MSIA follows a buy-and-hold orientation with low turnover, supplements portfolios with externally managed SMAs for specialist exposures, and—after obtaining written client authorization—uses a conservative option-writing program to enhance income and provide partial downside protection.
What is uncommon for a supported firm is the explicit integration of option strategies and other derivatives into client accounts and alongside separately managed accounts, a practice the firm documents and implements with client approval. MSIA also negotiates custody and execution arrangements with Fidelity (and uses Stifel for certain SMA custody), does not accept mutual fund commissions, and will on occasion arrange customized client agreements or proprietary portfolios, reflecting operational choices that differ from many peers.
Client services
Expertise
Fee options
Customized flat annual fee for one client under a specific agreement
0.50% to 1.00% annually (charged quarterly at 0.125% to 0.25% per quarter)
Account minimum: $250,000
Main office
707 Skokie Blvd, Suite 190
Northbrook IL 60062
Advisors at this office
3
Most active in
California · Connecticut · Florida · Illinois · North Carolina · Rhode Island
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Alexander R
CFP®, Series 66
Northbrook, IL
Main Street Investment Advisors, LLC
Alexander Ross is a CFP® and holds a Series 66 license with 18 years of industry experience. He has worked at Main Street Investment Advisors since 2017 and previously was with Morgan Stanley Private Bank from 2015 to 2017. Main Street Investment Advisors primarily serves high-net-worth individuals and private foundations, focusing on discretionary portfolio management and asset allocation across equities, fixed income, mutual funds, ETFs, and master limited partnerships. The firm employs a buy-and-hold investment approach that integrates option strategies and derivatives with client approval, and manages approximately $250 million in assets.
Wayne C
Series 63, Series 65
Northbrook, IL
Main Street Investment Advisors, LLC
Wayne Carr is a financial advisor with Main Street Investment Advisors, LLC in Northbrook, IL, holding Series 63 and Series 65 credentials and 16 years of industry experience. He has been with Main Street Investment Advisors since 2008. Main Street Investment Advisors serves high-net-worth individuals and private foundations, offering discretionary portfolio management and asset-allocation advice across various asset classes. The firm employs a buy-and-hold strategy focused on large-cap companies and incorporates option strategies and other derivatives with client approval to enhance income and provide downside protection.
Jeffrey R
Series 63, Series 65
Northbrook, IL
Main Street Investment Advisors, LLC
Jeffrey Ross is a financial advisor with Main Street Investment Advisors, LLC in Northbrook, IL, holding Series 63 and Series 65 designations and 32 years of industry experience. He has been with Main Street Investment Advisors since 2008. Main Street Investment Advisors primarily serves high-net-worth individuals and private foundations, offering discretionary portfolio management and asset-allocation advice. The firm emphasizes a buy-and-hold investment approach focused on large-cap companies, integrates option strategies for income and downside protection, and utilizes a range of research sources to support its process.
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