Second Line Capital, LLC logo

Second Line Capital, LLC

Updated today

Client assets under management

$666,156,924

Clients

1,127

25% high-net worth

Advisors

24

of 28 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

47

Low

Average account size

$591,089

About

Second Line Capital serves individuals, trusts, estates, charitable organizations, corporations and retirement and profit‑sharing plans, offering investment and wealth management, financial planning, and retirement plan consulting on both discretionary and non‑discretionary bases. The firm also advises on and can manage held‑away assets such as variable life insurance and annuity contracts as well as employer‑sponsored retirement plan assets.

Portfolio management typically combines allocations to mutual funds, ETFs, individual equity and fixed‑income securities with the use of Independent Managers and firm‑managed model portfolios; the firm also participates in multiple program platforms (including SMA and model/algorithmic programs) and operates a wrap‑fee program. 2LC tailors portfolios to clients’ risk tolerance and objectives, provides ongoing monitoring, and offers both standalone planning projects and integrated wealth management engagements.

Noteworthy for a multi‑team firm, several of 2LC’s supervised persons are licensed insurance agents who offer commissionable insurance products, a relationship the brochure discloses as a potential conflict of interest when such products are recommended. The firm is held by a parent company that also owns another advisory business and discloses material custodial and sponsor relationships—such as program affiliations, custodial support and transition/financing arrangements with a major broker‑dealer—that may influence custodian or program recommendations.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Wealth management Business exit / sale strategy Charitable giving & philanthropy

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed fees up to $15,000 for financial planning and consulting services

Percentage

$0+: Up to 2.00% $5,000+: Manager Access Select: up to 3.0% $10,000+: Optimum Market Portfolios Program (OMP): up to 2.5% $25,000+: Model Wealth Portfolios Program (MWP): up to 2.65% $50,000+: Manager Access Select minimum account size $250,000+: Personal Wealth Portfolios Program (PWP): up to 2.5% Not stated+: Small Market Solution (SMS): up to 0.95% $5,000+: Guided Wealth Portfolios (GWP): up to 1.35%

Commissions

Separate commission-based arrangements available through certain Supervised Persons registered with LPL Financial

Project-based

Up to $150 per hour for consulting and financial planning services

Other

Account minimum: $5,000 Fee-only: Fixed fees up to $15,000 and/or hourly fees up to $150 per hour for financial planning and consulting services

Main office location

Second Line Capital, LLC

2800 Veterans Memorial Blvd., Suite 220

Metairie LA 70002, United States

Number of offices

5

Most active in

Alabama · California · Connecticut · Florida · Georgia · Louisiana · Michigan · Mississippi · Oklahoma · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Stephen B

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Stephen Browne is a financial advisor with Second Line Capital, LLC in Metairie, LA, holding Series 63 and Series 65 licenses and bringing 25 years of industry experience. His prior roles include positions at LPL Financial LLC, Advisor Resource Council, and JPMorgan Chase Bank. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary models and independent managers, delivering services through multiple platforms and custodians.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Justin A

Series 66

Metairie, LA

Second Line Capital, LLC

Justin Archote is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and six years of industry experience. His prior roles include positions at LPL Financial LLC and Edward Jones. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary model portfolios and independent managers across multiple program platforms and custodial relationships.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Bryan M

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Bryan Musso is a financial advisor with Second Line Capital, LLC, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. His prior roles include positions at Advisor Resource Council, Wells Fargo Clearing Services, and Wells Fargo Advisors. He is also the proprietor of Musso Retirement Advisors, LLC. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies through proprietary model portfolios and independent managers, providing services on both discretionary and non-discretionary bases.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Andrea R

Series 66

Metairie, LA

Second Line Capital, LLC

Andrea Romero is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and 11 years of industry experience. She previously worked at Edward Jones and LPL Financial LLC. Andrea is also a licensed term life insurance agent. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting. The firm offers tailored investment strategies using proprietary models and independent managers, managing assets on both discretionary and non-discretionary bases across various platforms.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

P S

Series 66

Metairie, LA

Second Line Capital, LLC

P Soliman is a financial advisor at Second Line Capital, LLC with 21 years of industry experience and holds the Series 66 designation. He has previously worked with Advisor Resource Council, Level Four Advisory Services, and Faubourg Private Wealth. Outside of his advisory roles, he is a business owner and social media influencer for Kraken House Nola and a partner in a medical spa. Second Line Capital serves individual, trust, and institutional clients, offering portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and selected independent managers, implementing strategies through multiple platforms and custodial relationships.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Jaron M

Series 66

Metairie, LA

Second Line Capital, LLC

Jaron Miller is a financial advisor at Second Line Capital, LLC with 13 years of industry experience. He holds the Series 66 designation and has previously worked with Advisor Resource Council and LPL Financial LLC. Miller has been associated with Faubourg Private Wealth since 2015. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers to tailor investment strategies to clients’ objectives and risk tolerance.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Matthew S

Series 65

Metairie, LA

Second Line Capital, LLC

Matthew St. Martin is a financial advisor at Second Line Capital, LLC, holding a Series 65 designation with one year of industry experience. His prior work includes roles at Faubourg Private Wealth, Pelican Ice & Storage Inc, PJ's Coffee of New Orleans, and Brother Martin High School. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers tailored to clients’ objectives and risk tolerance, implementing strategies across multiple program platforms and custodial relationships.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Joseph C

CFP®, Series 63, Series 65

Duncan, OK

Second Line Capital, LLC

Joseph Combest is a CFP® with 33 years of experience in the financial industry. He is currently with Second Line Capital, LLC and has previously worked at Capstone Triton Financial Group LLC, Hbwadvisory Services LLC, and LPL Financial, LLC. Outside of his advisory work, he is the owner and manager of Combest Land and Cattle Company, LLC. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary model portfolios and independent managers, and provides both discretionary and non-discretionary investment management across various asset types.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Daniel A

CFP®, Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Daniel Abraham is a CFP® with 20 years of experience in the financial services industry. He is currently with Second Line Capital, LLC and has previously worked at LPL Financial, Advisor Resource Council, and Valic Financial Advisors. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies through proprietary model portfolios and independent managers, providing both discretionary and non-discretionary investment management.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

John B

Series 66

Metairie, LA

Second Line Capital, LLC

John Bordelon is a financial advisor with Second Line Capital, LLC, holding a Series 66 designation and seven years of industry experience. His prior roles include positions at LPL Financial LLC, Advisor Resource Council, and Edward Jones. Outside of his advisory work, he has involvement with a consultancy business unrelated to investments. Second Line Capital serves individual, trust, and institutional clients, offering portfolio management, financial planning, wealth management, and retirement plan consulting. The firm utilizes a combination of proprietary model portfolios and independent managers to tailor investment strategies based on clients’ objectives, risk tolerance, and liquidity needs.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Paige S

CFP®, Series 66

Metairie, LA

Second Line Capital, LLC

Paige St. Martin is a CFP® with 12 years of industry experience, currently affiliated with Second Line Capital, LLC. Her prior roles include positions at LPL Financial LLC, Advisor Resource Council, and Faubourg Private Wealth. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting, offering customized investment strategies through a combination of proprietary models and independent managers.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Kyle C

Series 65

Duncan, OK

Second Line Capital, LLC

Kyle Combest is a financial advisor at Second Line Capital, LLC with a Series 65 designation and over four years of experience in the financial services industry. His prior roles include positions at Chickasaw Community Bank, Liberty National Bank, and MidFirst Bank. He is also involved with Combest Financial Services. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a mix of proprietary model portfolios and independent managers to tailor portfolios according to clients’ objectives and risk tolerance.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Bryant M

Series 63, Series 65

Metairie, LA

Second Line Capital, LLC

Bryant Magee is a financial advisor at Second Line Capital, LLC with 23 years of industry experience. He holds Series 63 and Series 65 licenses and has previously worked at Cetera Investment Advisers LLC, Cetera Investment Services LLC, and Hancock/Whitney Bank. Outside of his advisory role, he is the owner of two residential rental property businesses. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, and retirement plan consulting. The firm uses a combination of proprietary model portfolios and independent managers to tailor portfolios according to clients’ objectives and risk tolerance.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Alden H

Series 63

Metairie, LA

Second Line Capital, LLC

Alden Hagardorn is a financial advisor at Second Line Capital, LLC with 28 years of industry experience. He holds a Series 63 designation and has worked previously at Advisor Resource Council, Level Four Advisory Services, LPL Financial, and Ameriprise Financial Services. Outside of his advisory work, he is involved as a sports radio statistician for NFL, NBA, and NCAA broadcasts in the New Orleans area and serves as president of Friends of St. Henry, a community and charitable organization. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm uses a mix of proprietary model portfolios and independent managers to tailor portfolios to clients’ objectives, risk tolerance, and liquidity needs.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Robert B

Series 63, Series 66

Metairie, LA

Second Line Capital, LLC

Robert Brown is a financial advisor with Second Line Capital, LLC in Gretna, LA, holding Series 63 and Series 66 licenses and bringing 40 years of industry experience. His prior roles include positions at Advisor Resource Council, LPL Financial, and Level Four Advisory Services. Second Line Capital serves individual, trust, and institutional clients with portfolio management, financial planning, wealth management, and retirement plan consulting. The firm offers tailored investment strategies using proprietary model portfolios and independent managers, implementing these through multiple program platforms and custodial relationships.

Wealth management Business exit / sale strategy Charitable giving & philanthropy Founder/Business Owner Executive
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