State Line Wealth Management

State Line Wealth Management is a state-registered advisory firm that manages roughly $35 million for about 38 clients, serving individuals as well as pension and profit-sharing plan sponsors. Its services include fee-based portfolio management for individual clients and qualified retirement plan consulting, including ERISA Section 3(21) non-discretionary fiduciary advice and participant education.

The firm employs a tactical allocation strategy and uses fundamental, technical, and cyclical analysis to construct and adjust portfolios, with the flexibility to use cash positions, mutual funds, individual stocks, bonds and government securities as hedges or tactical overlays. Although it provides discretionary management, the firm reported a majority of its assets as non-discretionary at year-end 2024 and routinely delivers non-discretionary plan services such as QDIA selection and periodic monitoring.

State Line is affiliated with an exempt commodity pool operated by an affiliated entity, and the firm discloses that recommending the commodity pool would create a conflict of interest because the pool charges higher management and performance fees; the firm’s principal also allocates a material portion of time to that affiliated trading business. That affiliation, together with the firm’s documented emphasis on pension consulting and a larger share of non-discretionary plan assets, distinguishes its service mix from many independent advisory peers.