DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Main Line Group Wealth Management, LLC
Main Line Group Wealth Management, LLC
A Wealth Management Company that helps people obtain a work optional lifestyle and retirees enjoy their golden years, through financial planning for US and non-US citizens.
venture manager, reported GAV $8.6M across 2 vehicles
Importance
7
low
Active deployment
11
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 610-828-8288adviserinfo.sec.gov
- Website
- HTTP://WWW.MLGWM.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $8.6Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $123Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 3
- business email
- info@mlgwm.commlgwm.compublished by the subject
- business phone
- 610-828-8288adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
3 observed deals
Stated (the firm’s website)
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- philadelphia
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 3
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| MLG Venture Partners LP - F3 | Fund | 2021 form d first sale | Mature | $6.6M Mar 27, 2024 | 4 | $3.1M of $3.1M | Dec 17, 2021 |
| MLG Venture Partners LP - Rs | Fund | 2021 form d first sale | Mature | $2.0M Mar 27, 2024 | 23 | $1.9M of $1.9M | Sep 28, 2021 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
1 current, 0 departed
Douglas Louis Kobak
Managing partnerManaging Member Chief Compliance Officer · since Aug 1, 2009
Investments on record
3 edges, 3 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| ADV Part 2 | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Form CRS | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Project Title | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
2 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
3 dated events
- Mar 25, 2022MLG Venture Partners LP - Rs first reported on Form ADV by Main Line Group Wealth Management, LLC (Venture Capital Fund), GAV $1,925,000Fund first reported on Form ADVFundsFactMLG Venture Partners LP - RsSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 25, 2022MLG Venture Partners LP - F3 first reported on Form ADV by Main Line Group Wealth Management, LLC (Venture Capital Fund), GAV $3,498,039Fund first reported on Form ADVFundsFactMLG Venture Partners LP - F3SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Main Line Group Wealth Management, LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $8.6M across 2 vehicles
Evidence
50 observations from 3 sources