F
First Main Capital
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$1,430,213
Clients
4
0% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
4
LowAverage account size
$357,553
About
First Main Capital is a very small independent registered investment adviser that provides financial planning and discretionary portfolio management primarily for individual and family clients. The firm bills on a percentage‑of‑assets‑under‑management basis for integrated planning and investment services, a common arrangement among independent advisers.
Investment strategies emphasize ETF-based portfolios with an academic, factor-oriented equity approach (highlighting company size and valuation) and diversified fixed‑income/alternative allocations intended to reduce volatility. Accounts are monitored daily, use a formal 10‑year cash‑needs analysis in suitability determinations, and the firm will incorporate held‑away assets into clients’ overall asset allocation when requested.
What distinguishes the firm from many peers is its scale and owner oversight: it operates with one adviser, four clients, and approximately $1.43 million in reported AUM, with the principal directly supervising all reviews. The brochure also discloses a prior Chapter 7 bankruptcy filing by the principal (discharged in 2016), identifies Altruist Financial as the custodian (with potential soft‑dollar/research benefits), and notes that the firm does not vote client proxies, leaving proxy notices to custodians.
Client services
Financial planning
Portfolio management
Expertise
Wealth management
Passive / index investing
Concentrated stock management
Fee options
$1.00 - $250,000.00: 2.00% $250,000.00 - $499,999.00: 1.50% $500,000.00 - $749,999.00: 1.25% $750,000.00 - $999,999.00: 1.00% $1,000,000.00 - $1,249,999.00: 0.90% $1,250,000.00 - $1,499,999.00: 0.80% $1,500,000.00 - $1,749,999.00: 0.70% $1,750,000.00 - $1,999,999.00: 0.60% $2,000,000.00 - 999,999,999.00: 0.50%
Account minimum: $1.00 Fee-only: Fees are based on assets under management with tiered, blended rates as detailed above.
Main office location
First Main Capital
3300 Monroe Ave, Suite 308
Rochester NY 14618, United States
Number of offices
1
Most active in
First Main Capital has reported serving >5 clients in these states in the last 12 months.
Washington
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
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.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
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.
-
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.
Forms ADV
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