Metairie, LA Veterans Memorial Blvd. Office
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Second Line Capital, LLC
Team
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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.
Based on Second Line Capital, LLC
Expertise
Based on Second Line Capital, LLC
Location
2800 Veterans Memorial Blvd., Suite 220
Metairie LA 70002
Advisors at this office
22
Advisors at this office
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