Michael Mcdougald
Michael Mcdougald is a CFP-designated registered investment advisor at Austin Wealth Management, LLC, based in Austin, TX, with 27 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 723 clients with $770M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $500K | 0.90% |
| $500K - $1.0M | 0.80% |
| $1.0M - $1.5M | 0.70% |
| $1.5M - $2.0M | 0.60% |
| $2.0M - $5.0M | 0.50% |
| $5M+ | 0.50% |
First $250,000 of managed assets is included with financial planning services. Fees over $5,000,000 are custom.
Fee Estimator
Location
5209 Burnet Road, Ste. 210, Austin, TX, 78756
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael operates his LPL business under the DBA ABG Consulting. He also sells non-variable insurance, dedicating about 10-20% of his time to this activity.
Employment History
Current Registrations
Austin Wealth Management, LLC
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
NFP Advisor Services, LLC
NFP Advisor Services, LLCBroker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Nrp Advisors, INC.
Nrp Financial, INC.Broker
Diversified Investors Securities CORP.Broker
NFP Securities, INC.
NFP Securities, INC.Broker
Fidelity Brokerage Services LLCBroker
State Registrations1 state
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.