Michael Mcdonald
Michael Mcdonald is a registered investment advisor at Western Wealth Management LLC, based in Happy Valley, OR, with 31 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 8,964 clients with $3.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WWM offers Comprehensive Portfolio Management where the maximum annual fee is 3.0% of the assets managed. Alternatively, a flat fee, not to exceed 2.5% of assets under management or a negotiated flat rate may be applied in certain circumstances. Fees are negotiable. WWM also offers LPL Financial Sponsored Advisory Programs with maximum fees ranging from 1.4% to 3.0%.
Location
11050 SE 105th Ave., Happy Valley, OR, 97068
Get directionsHistory
Regulatory History (1)
Criminal
April 1982Other Business Activities
Michael operates his LPL business under the DBA Western Wealth Management and is also a Registered Investment Advisor DBA, spending about a quarter of his time on these activities. He also works as a clerk at Costco and engages in internet sales on Ebay and Amazon, dedicating minimal time to the latter.
Employment History
Current Registrations
Western Wealth Management LLC
LPL Financial LLCBroker
LPL Financial LLC
Previous Registrations
Financial Advocates Investment Management
U.S. Bancorp Investments, INC.Broker
U.S. Bancorp Investments, INC.
Wells Fargo Investments, LLC
Wells Fargo Investments, LLCBroker
U.S. Bancorp Investments, INC.
U.S. Bancorp Investments, INC.Broker
Mfs Fund Distributors, INC.Broker
Financial Network Investment Corporation
Financial Network Investment CorporationBroker
United Planners' Financial Services of America a Limited PartnerBroker
Linsco/private Ledger CORP.Broker
Sunamerica Securities, INC.Broker
Linsco/private Ledger CORP.Broker
Ids Life Insurance CompanyBroker
American Express Financial Advisors INC.Broker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.