The Main Street Group

We are a financial services firm offering estate planning, investment advisory, and wealth management services. We have 3 office locations throughout VA.

We are an independent financial firm offering estate planning, investment advisory, and wealth management services. We pride ourselves on building relationships with our clients before we discuss money matters. We believe that truly understanding your dreams and goals allows us to create a suitable financial roadmap that strives to get you where you want to go. Every associate of The Main Street Group believes this simple philosophy. We believe staying true to this mission of doing what’s right for our clients has helped us become one of the premier financial firms in the South. We invite you to come get to know us, and experience The Main Street Group difference for yourself. Securities offered through Kestra Investment Services, LLC, member Member FINRA (www.finra.org)/SIPC (www.sipc.org). Investment Advice offered through The Main Street Group, a registered investment advisor. The Main Street Group is not affiliated with Kestra Investment Services. This profile is published for residents of the United States only. Registered Representatives of Kestra Investment Services may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact the Kestra Investment Services Compliance Department at 737-443-2582.

Mission: The mission of The Main Street Group is to help our clients and their families pursue financial comfort and confidence through planning and appropriate investments. Strategies, products and performance are the visible components of an investment program. Fear and uncertainty are the unseen components that haunt every investor in some measure. Our mission at The Main Street Group is the proper management of these components, both seen and unseen, in the pursuit of financial harmony for our clients.

cbsnews.com

Gas prices are at their lowest level since 2016

U.S. gas prices are the lowest at the pump since 2016. More from CBS News @ https://cbsn.ws/3cQAJ5s

Demand for gasoline has plunged as millions of Americans stopped driving to work, school and stores.

finance.yahoo.com

Mortgage app surge suggests home sales rebound amid pandemic

Mortgage applications are up 6%, suggesting a potential rebound for home sales. More from Yahoo! Finance @ https://yhoo.it/2XdYlul

finance.yahoo.com The volume of purchase applications grew 6% last week versus the previous one, according to the Mortgage Bankers Association.

cnbc.com

'It's never too late to start again:' Over 40s share life lessons for young people

CNBC looks at suggestions people 40 and older have for younger adults. Some good advice @ https://cnb.cx/3bN4cfp

cnbc.com Here are some of the best tips from a popular Reddit thread with over 87,000 upvotes and over 14,000 comments that crowdsourced advice on life and success from people over 40 for people in their 20s.

cnbc.com

Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

U.S. jobless claims rise 2.4 million, raising total to 38.6 million for the last nine weeks. More from CNBC @ https://cnb.cx/3bYIkOt

cnbc.com The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straight week of a declining pace following the record peak of 6.9 million in late March.

marketwatch.com

Pandemic could cost global economy $82 trillion in depression scenario

The COVID-19 pandemic may cost the world $82 trillion. More from MarketWatch @ https://on.mktw.net/3bGU5Zr

marketwatch.com An economic-depression scenario could cost the world economy $82 trillion in lost output.

cnbc.com

U.S. housing starts fall sharply in April

U.S. housing starts dropped heavily in April, according to CNBC. More @ https://cnb.cx/2XeQcFR

cnbc.com U.S. homebuilding dropped to a five-year low in April, underlining fears that the novel coronavirus crisis would lead to the deepest economic contraction in the second quarter since the Great Depression.

finance.yahoo.com

Stock market news live updates: Trifecta of Moderna, Powell and reopenings outweigh coronavirus fallout

News of a promising vaccine boosts the stock market. More from Yahoo! Finance @ https://yhoo.it/2TgLFSo

finance.yahoo.com Stocks are looking to extend Friday's rally, with eyes on states relaxing coronavirus restrictions and a promising vaccine result.

finance.yahoo.com

47% of people will visit restaurants 'as soon as they reopen:' Piper Sandler

47% of Americans will return to dining at restaurants as soon as they open again. More from Yahoo! Finance @ https://yhoo.it/2Zvw1qj

finance.yahoo.com States across the U.S. are beginning to reopen parts of their economies, and a surprising number of consumers are willing to visit restaurants as soon as they reopen, according to a new survey by Piper Sandler.

cnbc.com

How to protect your credit score if you lose your job

CNBC examines the impact filing for unemployment can have on your credit score. More @ https://cnb.cx/3cE5Ykh

cnbc.com There are a few ways that unemployment can indirectly impact your credit. CNBC Select asks a a debt-relief attorney how unemployment can affect your credit score.

marketwatch.com

Work-from-home productivity pickup has tech CEOs predicting many employees will never come back to the office

Will boosted productivity from at-home workers end the office as we know it? More from MarketWatch @ https://on.mktw.net/3bIlAlp

marketwatch.com If you rebuild the workplace after COVID-19, will the workers ever come back? In Silicon Valley, the answer from many tech companies is that many won’t, and...

cnn.com

Nearly 40% of low-income workers lost their jobs in March

Lower income Americans see unemployment drop by 40%. More from CNN Business @ https://cnn.it/2yYtgmb

cnn.com The Federal Reserve Bank on Thursday reported just how unequally the coronavirus-induced economic downturn is hitting Americans.

marketwatch.com

Mortgage rates stabilize near record lows — but rates could fall lower this year

U.S. mortgage rates are nearing record lows. MarketWatch takes a look @ https://on.mktw.net/2Z8dFLB

marketwatch.com The trajectory of interest rates will depend on how the U.S. economy rebounds from the coronavirus pandemic.

cnn.com

America's retail sales completely collapsed in April

U.S. retail sales tumbled in April in response to the COVID-19 crisis. More from CNN Business @ https://cnn.it/360Chau

cnn.com America's retail sales collapsed at a historic rate last month, underscoring just how badly retailers are struggling during the coronavirus crisis.

marketplace.org

COBRA is a costly health insurance option for unemployed - Marketplace

Unemployed Americans may remain on workplace insurance through COBRA. Marketplace asks if it’s worth it @ https://bit.ly/2YX4n57

marketplace.org It keeps you on your former employer's policy if you pay the company's share of the premium. Those without employer coverage aren't eligible.

marketwatch.com

Looking for that stimulus money in your bank account? Check your mailbox

Many Americans won't get their stimulus check via direct deposit. Check your mailbox! MarketWatch has more @ https://on.mktw.net/2ySyeAV

marketwatch.com Social Security beneficiaries and other taxpayers may find a surprise in the mail.

marketwatch.com

Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation

U.S. Consumer Prices dip to the lowest point since 2008. MarketWatch has more @ https://on.mktw.net/2LmFYxR

marketwatch.com One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices...

foxbusiness.com

Housing market gains ground as stay-at-home guidelines ease

Fox Business looks at the emerging housing market, returning from the COVID-19 crisis. More @ https://fxn.ws/2WSBaFN

foxbusiness.com Mortgage rates rose slightly to 3.43 percent.

marketwatch.com

Planning for retirement and stressed out? Here’s a silver lining

Retirement strategy may be stressful, especially during a crisis. How to get around that? MarketWatch has more @ https://on.mktw.net/2W618WZ

marketwatch.com Money is emotional, especially during a pandemic

marketplace.org

COVID-19 has some older workers rethinking retirement - Marketplace

The COVID-19 crisis has certain older workers rethinking their retirement from the workplace. Marketplace has more @ https://bit.ly/2L8pTfc

marketplace.org After the 2008 crisis, people 62 or older who were laid off were much less likely than younger workers to return to the workforce.

cnbc.com

How to rethink your retirement income strategy as more firms cut dividends

CNBC looks at the move to cut dividends. How will you adjust your retirement strategy? More @ https://cnb.cx/3fyaa78

cnbc.com More than 200 stocks this year have reduced or suspended their dividends, 44 of them on the S&P 500 index. Here's how retirees should view those changes.

foxbusiness.com

Restaurants reopen, but not everyone is coming back to work

While cafes and restaurants are going back into business, not everyone is returning to work. Fox Business has more @ https://fxn.ws/3bc0QlX

foxbusiness.com Restaurant owners say they have little sense of how many consumers will feel safe to eat out again, and under what circumstances.

foxbusiness.com

In coronavirus economy here's how to pay off credit card debt

How do you pay off credit card debt during a global crisis? More from Fox Business @ https://fxn.ws/2yyIIW7

foxbusiness.com Many of the usual strategies for paying off credit card debt don’t apply right now.

cnbc.com

Almost half of America is now carrying credit card debt, and more of it

Credit card debt has spiked during the COVID-19 crisis, with half of Americans owing more. More from CNBC @ https://cnb.cx/2yhVo3F

cnbc.com More Americans, and especially millennials, are being forced by the coronavirus economic crash to carry increasing levels of credit card debt.

finance.yahoo.com

Car Insurance: How Are Companies Helping Drivers Pass Through Financial Hardship

Yahoo! Finance looks at how auto insurance companies are helping struggling customers. More @ https://yhoo.it/2xyBJff

finance.yahoo.com LOS ANGELES, CA / ACCESSWIRE / April 29, 2020 / Compare-autoinsurance.org has launched a new blog post that presents how car insurance companies can help drivers during this coronavirus pandemic. For more ...

finance.yahoo.com

Bill Murray asked Warren Buffett a question, and the billionaire gave a powerful answer on income inequality

What did Bill Murray ask Warren Buffett? Turns out it’s anything but the setup to a joke. Yahoo! Finance covers the exchange @ https://yhoo.it/3do7mav

finance.yahoo.com We should 'try to create a society that under normal conditions with more than $60,000 of GDP per capita, that anybody that worked 40 hours a week can have a decent life without a second job,' says Buffett.

cbsnews.com

Homeowners fear they may owe hefty lump-sum payment on mortgages

Homeowners are concerned they might owe large mortgage payments in the wake of COVID-19. CBS News has more @ https://cbsn.ws/35hNDGS

"What makes them think I'm going to have three months of money in three months?" one homeowner asked.

finance.yahoo.com

U.S. Mortgage Rates Tumble to a Record Low

Yahoo! Finance looks at the falling mortgage rate, a new record low for the U.S. More @ https://yhoo.it/3f4L6V1

finance.yahoo.com (Bloomberg) -- U.S. mortgage rates fell once again to the lowest on record.The average rate for a 30-year loan was 3.23%, down from 3.33% last week and the lowest in almost 50 years of data-keeping, Freddie Mac said in a statement Thursday. The previous record was 3.29%, reached in early March.The c...

cnbc.com

US issues new guidance for small business loans, pressures public companies to return funds

CNBC reports on the Small Business Administration’s new guidance for Paycheck Protection Program loans. More @ https://cnb.cx/3azer6k

cnbc.com The update comes after a public furor that large companies tapped the facility for hundreds of millions of dollars while thousands of small businesses have yet to receive funding.

money.yahoo.com

Housing expert: Home sales could fall 30% to 40% in the next months

Yahoo! Money reports that home sales may significantly decease in the coming months. More @ https://bit.ly/2VticpP

money.yahoo.com The spring and summer months are traditionally the hottest homebuying season, but this year one housing expert predicts sales to drop as much as 40% during that time because of the coronavirus pandemic.

usatoday.com

The stock market is crashing and we're in a recession. Can I still retire?

USA Today examines a question on many minds: should one retire during a recession? More @ https://bit.ly/3btQTkF

usatoday.com I had planned on retiring this October. But with all this stock market crash and recession stuff, I’m not sure I can or should.

fool.com

These COVID-19 Scams Have Cost Americans $13.4 Million So Far | The Motley Fool

The Motley Fool reports on some COVID-19 scams to watch out for. More @ https://bit.ly/2RX8WIj

fool.com Don't let them cost you.

cnbc.com

If you left or lost your job, here is what you can do with your 401(k)

CNBC asks what to do with your 401(k) after you have moved on from your job. More @ https://cnb.cx/2yxtCzT

cnbc.com There are a number of things to take into account when deciding if you should roll over your 401(k) from a former employer.

cnbc.com

What's the secret to keeping your credit card balance at $0 after you get out of debt?

CNBC asks how those who’ve come out of debt use their credit card. Could you stay at zero? More @ https://cnb.cx/2yBItZQ

cnbc.com It can be scary to use a credit card again after paying off a lot of debt. CNBC Select offers a simple trick to keep your balance at $0 while using your card for everyday purchases.

usatoday.com

America's craft beer boom may go flat as coronavirus shutdown slows brewery taps

USA Today examines how COVID-19 has dealt a serious blow to small craft beer businesses. More @ https://bit.ly/357mB57

usatoday.com The COVID-19 pandemic could disrupt the nation's craft beer industry, especially smaller breweries, which rely on beer sold and consumed onsite.

npr.org

Free Fall: Oil Prices Go Negative

Diminished demand sinks U.S. oil prices to a record low: under $5 a barrel. NPR reports @ https://n.pr/2zjQFi5

npr.org For the first time ever, a key oil benchmark, West Texas Intermediate, fell below zero on Monday. That means some traders, instead of paying money to buy oil, are paying to get rid of it.

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Welcome to The Main Street Group

Location

Telephone

Address


4510 Cox Rd, Ste 102
Glen Allen, VA
23060

General information

We are an independent financial services firm headquartered in Richmond, VA. We also have locations in Lexington and Fairfax, VA.

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
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