Second Line Capital, LLC

Second Line Capital, LLC, established in March 2023, offers the 2LC Wrap Program, financial planning, consulting, and investment management services. The firm manages $723,038,063 in assets on a discretionary basis. Clients can participate in the wrap fee program, allowing trading in investment products without separate brokerage commissions. Investment portfolios are managed on a discretionary or non-discretionary basis by 2LC's representatives or independent managers. Financial planning and consulting services cover various areas such as retirement planning, risk management, and tax planning. Clients can impose restrictions on account management. The firm charges fixed or hourly fees for financial planning and investment management services, with fees up to $15,000 or 2.00% of assets under management, respectively. The firm may receive compensation from LPL Financial LLC for using its advisory programs. Clients can engage in various LPL programs with minimum account sizes ranging from $5,000 to $250,000. The firm discloses potential conflicts of interest related to compensation, custody, and recommendations of securities. Clients receive regular account statements and reports, and the firm conducts annual account reviews. The firm has not been involved in any material legal or disciplinary events. Clients can contact the firm for a copy of its Code of Ethics. The firm discloses its participation in Charles Schwab's institutional customer program and the benefits received. The firm also discloses loans and benefits received from LPL, as well as trade aggregation practices and custody arrangements.