Fee-only adviser · Sherman, TX
Main Street Asset Managment
Main Street Asset Managment is a fee-only investment adviser registered with the securities regulator of Texas, with its main office in Sherman, Texas. On its latest Form ADV, filed January 27, 2026, it reports $4.6M in regulatory assets under management and 9 individual clients. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Texas |
|---|---|
| Firm CRD number | 149610 |
| Office | 4708 N FM 1417 Sherman, TX 75092 |
| Phone | (903) 819-1835 |
| Website | mainstreetam.com |
| Regulatory assets under management | $4.6M |
| Individual clients | 3 non-high-net-worth, 6 high-net-worth |
| Financial planning clients | 0 |
| How it charges | Percentage of assets, Hourly, Fixed fee |
| Services | Financial planning, Portfolio management, Pension consulting, Educational seminars |
| Employees | Not reported |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | January 27, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Nearby
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Main Street Asset Managment? Update this listing.