Maine Advisory Associates
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Maine Advisory Associates works with individual clients (including high‑net‑worth individuals), trusts, estates, charitable organizations, and business entities to provide discretionary asset management and standalone financial consulting. Its asset management services include tailored portfolios made up of individual stocks and bonds, exchange‑traded funds, and mutual funds, while consulting engagements cover planning areas such as retirement, estate, and tax‑related matters.
The firm emphasizes continuous, personalized account supervision and typically manages portfolios with a long‑term, low‑turnover orientation supplemented by periodic rebalancing. Investment decisions draw on both fundamental and technical analysis, and the adviser may use cash positions as a hedge or recommend sales for reasons such as tax management or reallocation.
Distinctive features include a recent transition to SEC registration in 2026 and a small advisory team managing roughly $116.5 million for about 176 clients, reflecting a relatively concentrated advisor-to-client ratio. Maine Advisory Associates also offers hourly financial consulting engagements that are generally implemented directly by clients and does not accept commission‑based compensation or vote client proxies, leaving proxy voting to clients.
Client services
Expertise
Fee options
$0 - $400,000: $400,001 - $1,000,000: 1.25% $1,000,001+: 1.00%
$400 per hour for financial consulting services
Account minimum: $400,000 Minimum fee: $5,600 minimum annual fee for asset management Fee-only: Financial consulting charged at $400 per hour
Main office
358 U.S. Route 1, Suite 101
Falmouth ME 04105
Advisors at this office
3
Most active in
Maine · New Hampshire · Texas
Also doing business as
Maine Advisory Associates · Volk Financial LLC
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
Patricia B
Series 63, Series 65
Falmouth, ME
Maine Advisory Associates
Patricia Barnes is a financial advisor with Maine Advisory Associates in Falmouth, ME, holding Series 63 and Series 65 licenses and bringing 19 years of industry experience. She has worked with Maine Advisory Associates and its predecessor entities since 2006. Maine Advisory Associates serves individual clients, trusts, estates, charitable organizations, and business entities with discretionary asset management and standalone financial consulting. The firm emphasizes personalized account supervision and a long-term, low-turnover investment approach using fundamental and technical analysis.
Kimberly V
Series 65
Falmouth, ME
Maine Advisory Associates
Kimberly Volk is a financial advisor with Maine Advisory Associates and holds a Series 65 designation. She has 12 years of industry experience, including roles at Aurora Financial Group and her own firm, Volk Financial LLC. Ms. Volk serves on the board of directors and as treasurer for the nonprofit Maine Jewish Film Festival. Maine Advisory Associates provides discretionary asset management and financial consulting services to individuals, trusts, estates, charitable organizations, and business entities. The firm emphasizes personalized account supervision and employs a long-term, low-turnover investment approach using individual stocks and bonds, ETFs, and mutual funds.
Michelle L
CFP®, Series 65
Falmouth, ME
Maine Advisory Associates
Michelle Lamb is a CFP® with eight years of industry experience, currently advising at Maine Advisory Associates since 2020. Her prior roles include positions at Cornerstone Financial Planning, LLC and Aurora Financial Group, LLC. Maine Advisory Associates serves individual clients, trusts, estates, charitable organizations, and business entities with discretionary asset management and standalone financial consulting. The firm offers tailored portfolios across various asset classes and focuses on long-term, low-turnover management with personalized account supervision.
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