Second Line Capital, LLC logo

Second Line Capital, LLC

Updated today

Client AUM

$666,156,924

Clients

1,127

Advisors

24

across 3 offices

About

Second Line Capital serves individuals (including high‑net‑worth clients), trusts, estates, retirement plans, and business entities with investment and wealth management, financial planning, and retirement plan consulting. The firm provides discretionary and non‑discretionary portfolio management, directs allocations among mutual funds, ETFs, individual securities and Independent Managers, and advises on held‑away products such as variable insurance and retirement plan assets.

Advisers tailor client solutions through direct IAR recommendations, firm‑managed model portfolios, and third‑party managers, and make use of multiple sponsored advisory platforms (including LPL programs and an algorithm‑based Guided Wealth offering via a third party). Accounts are monitored on an ongoing basis with at least annual reviews, and the firm’s supervised persons may implement recommendations through both advisory arrangements and commissionable brokerage or insurance channels.

What is distinctive for a firm of this size is that Second Line operates from five or more offices, sponsors its own wrap‑fee program (SWM II), and has supervised persons who are licensed insurance agents and dually registered with a broker‑dealer—arrangements the brochure discloses can give rise to conflicts of interest. The firm’s ownership structure (wholly owned by First Line Capital LLC, which also owns another advisory brand), its rapid asset growth since launching in 2023 to over $1.3 billion, and custodial relationships with LPL, Charles Schwab and Raymond James are also highlighted as material business features in its disclosure.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.)

Occupation focus

Founder/Business Owner Executive

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Fee options

Fixed

Fixed fees for financial planning and consulting services, up to $15,000, negotiable.

Percentage

$0+: up to 2.00% annually, negotiable based on factors such as services, account size, and others (maximum 200 basis points) $50,000+: up to 3.0% annually for LPL Manager Access Select Program $10,000+: up to 2.5% annually for LPL Optimum Market Portfolios Program (OMP) $250,000+: up to 2.5% annually for LPL Personal Wealth Portfolios Program (PWP) $25,000+: up to 2.65% annually for LPL Model Wealth Portfolios Program (MWP) N/A+: 0.95% annually for LPL Small Market Solution (SMS) Program $5,000+: 1.35% annually for LPL Guided Wealth Portfolios (GWP)

Commissions

Securities brokerage services offered by certain supervised persons as registered representatives with LPL under separate commission-based arrangements.

Project-based

Up to $150 per hour for financial planning and consulting services.

Other

Fee-only: Fixed fees up to $15,000 for financial planning; hourly fees up to $150/hour; fees are negotiable and can be for defined projects or ongoing services.

Main office

See office

2800 Veterans Memorial Blvd., Suite 220

Metairie LA 70002

Advisors at this office

22

Most active in

Alabama · California · Connecticut · Florida · Georgia · Louisiana · Michigan · Mississippi · Oklahoma · Texas · Virginia

Also doing business as

Atchley Wealth Management · Combest Financial Services · Elbridge Advisors, LLC · Faubourg Private Wealth · Musso Retirement Advisors · Second Line Capital, LLC

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Stephen B

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Stephen Browne is a financial advisor with Second Line Capital, LLC in Metairie, LA, holding Series 63 and Series 65 licenses and bringing 25 years of industry experience. His prior roles include positions at LPL Financial LLC, Advisor Resource Council, and JPMorgan Chase Bank. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary models and independent managers, delivering services through multiple platforms and custodians.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
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Justin A

Series 66

Metairie, LA

Second Line Capital, LLC

Justin Archote is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and seven years of industry experience. His prior work includes roles at LPL Financial LLC and Edward Jones. Second Line Capital serves individuals, trusts, estates, retirement plans, and business entities with investment and wealth management, financial planning, and retirement plan consulting. The firm offers discretionary and non-discretionary portfolio management through various investment vehicles and advisory platforms, operating from multiple offices and managing over $1.3 billion in assets since its launch in 2023.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
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Bryan M

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Bryan Musso is a financial advisor with Second Line Capital, LLC, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. His prior roles include positions at Advisor Resource Council, Wells Fargo Clearing Services, and Wells Fargo Advisors. He is also the proprietor of Musso Retirement Advisors, LLC. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies through proprietary model portfolios and independent managers, providing services on both discretionary and non-discretionary bases.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Andrea R

Series 66

Metairie, LA

Second Line Capital, LLC

Andrea Romero is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and 11 years of industry experience. She previously worked at Edward Jones and LPL Financial LLC. Andrea is also a licensed term life insurance agent. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting. The firm offers tailored investment strategies using proprietary models and independent managers, managing assets on both discretionary and non-discretionary bases across various platforms.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

P S

Series 66

Metairie, LA

Second Line Capital, LLC

P Soliman is a financial advisor at Second Line Capital, LLC with 21 years of industry experience and holds the Series 66 designation. He has previously worked with Advisor Resource Council, Level Four Advisory Services, and Faubourg Private Wealth. Outside of his advisory roles, he is a business owner and social media influencer for Kraken House Nola and a partner in a medical spa. Second Line Capital serves individual, trust, and institutional clients, offering portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and selected independent managers, implementing strategies through multiple platforms and custodial relationships.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
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Jaron M

Series 66

Metairie, LA

Second Line Capital, LLC

Jaron Miller is a financial advisor at Second Line Capital, LLC with 13 years of industry experience. He holds the Series 66 designation and has previously worked with Advisor Resource Council and LPL Financial LLC. Miller has been associated with Faubourg Private Wealth since 2015. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers to tailor investment strategies to clients’ objectives and risk tolerance.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Matthew S

Series 65

Metairie, LA

Second Line Capital, LLC

Matthew St. Martin is a financial advisor at Second Line Capital, LLC, holding a Series 65 designation with one year of industry experience. His prior work includes roles at Faubourg Private Wealth, Pelican Ice & Storage Inc, PJ's Coffee of New Orleans, and Brother Martin High School. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers tailored to clients’ objectives and risk tolerance, implementing strategies across multiple program platforms and custodial relationships.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Joseph C

CFP®, Series 63, Series 65

Duncan, OK

Second Line Capital, LLC

Joseph Combest is a CFP® professional with 33 years of industry experience. He is currently with Second Line Capital, LLC, a team of 24 advisors, and has prior experience at Capstone Triton Financial Group, Hbwadvisory Services, Combest Financial Services, and Raymond James Financial Services. Outside of advisory work, he owns and manages Combest Land and Cattle Company, LLC. Second Line Capital serves individuals, trusts, estates, retirement plans, and business entities, offering investment and wealth management, financial planning, and retirement plan consulting. The firm provides both discretionary and non-discretionary portfolio management, utilizing mutual funds, ETFs, individual securities, and third-party managers, and features multiple advisory platforms including its own wrap-fee program.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
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Daniel A

CFP®, Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Daniel Abraham is a CFP® with 20 years of experience in the financial services industry. He is currently with Second Line Capital, LLC and has previously worked at LPL Financial, Advisor Resource Council, and Valic Financial Advisors. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies through proprietary model portfolios and independent managers, providing both discretionary and non-discretionary investment management.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

John B

Series 66

Metairie, LA

Second Line Capital, LLC

John Bordelon is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and seven years of industry experience. His prior roles include positions at LPL Financial LLC, Advisor Resource Council, and Edward Jones. Outside of his advisory work, he has involvement with a consultancy business unrelated to investments. Second Line Capital serves individual, trust, and institutional clients, offering portfolio management, financial planning, wealth management, and retirement plan consulting. The firm utilizes a combination of proprietary model portfolios and independent managers to tailor investment strategies based on clients’ objectives, risk tolerance, and liquidity needs.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Paige S

CFP®, Series 66

Metairie, LA

Second Line Capital, LLC

Paige St. Martin is a CFP® with 12 years of industry experience, currently affiliated with Second Line Capital, LLC. Her prior roles include positions at LPL Financial LLC, Advisor Resource Council, and Faubourg Private Wealth. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting, offering customized investment strategies through a combination of proprietary models and independent managers.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Kyle C

Series 65

Duncan, OK

Second Line Capital, LLC

Kyle Combest is a financial advisor at Second Line Capital, LLC with a Series 65 designation and over four years of experience in the financial services industry. His prior roles include positions at Chickasaw Community Bank, Liberty National Bank, and MidFirst Bank. He is also involved with Combest Financial Services. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a mix of proprietary model portfolios and independent managers to tailor portfolios according to clients’ objectives and risk tolerance.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Bryant M

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Bryant Magee is a financial advisor at Second Line Capital, LLC with 23 years of industry experience. He holds Series 63 and Series 65 licenses and has previously worked at Cetera Investment Advisers LLC, Cetera Investment Services LLC, and Hancock/Whitney Bank. Outside of his advisory role, he is the owner of two residential rental property businesses. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers to tailor portfolios according to clients’ objectives and risk tolerance.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Alden H

Series 63

Metairie, LA

Second Line Capital, LLC

Alden Hagardorn is a financial advisor with Second Line Capital, LLC, holding a Series 63 designation and bringing 29 years of industry experience. His career includes roles at LPL Financial, Ameriprise, Edward Jones, and Advisor Resource Council. Outside of advising, he works as a sports radio statistician covering NFL, NBA, and NCAA teams in the New Orleans area and serves as president of the nonprofit Friends of St. Henry. Second Line Capital serves individuals, trusts, estates, retirement plans, and business entities with investment and wealth management, financial planning, and retirement plan consulting. The firm offers discretionary and non-discretionary portfolio management through direct recommendations, model portfolios, and third-party managers, with custodial relationships including LPL, Charles Schwab, and Raymond James.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
user avatar

Robert B

Series 63, Series 66

Metairie, LA

Second Line Capital, LLC

Robert Brown is a financial advisor with Second Line Capital, LLC in Gretna, LA, holding Series 63 and Series 66 licenses and bringing 40 years of industry experience. His prior roles include positions at Advisor Resource Council, LPL Financial, and Level Four Advisory Services. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary model portfolios and independent managers, implementing these through multiple program platforms and custodial relationships.

Wealth management Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy College savings (529s, UTMA, etc.) Founder/Business Owner Executive
View complete list of advisors at this firm
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