MM
CFP
MM
CFP

Michael Shane Mcdougald

26 Years of Experience
Sells Insurance
Areas of Practice
Investment ManagementFinancial Planning & CoachingRetirement PlanningEstate PlanningHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
9 advisors
Number of Clients
723 clients
Average Client Portfolio
$1.1M average
Assets Under Management
$766.4M

Fee Structure

Minimum Investment:None
Financial Planning:Included in AUM fee
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $250KIncluded
$250K - $500K0.90%
$500K - $1.0M0.80%
$1.0M - $1.5M0.70%
$1.5M - $2.0M0.60%
$2.0M - $5.0M0.50%
$5M+Included

First $250,000 included with financial planning. Fees over $5,000,000 are custom.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

7001 Burnet Rd 3rd Floor, Austin, TX, 78757

Get directions

History

Regulatory History
Clean regulatory record

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
September 2021 - Present · 4 yrs 5 mos
Previous Registrations
LPL Financial LLC
March 2015 - October 2021 · 6 yrs 7 mos
LPL Financial LLCBroker
March 2015 - October 2021 · 6 yrs 7 mos
NFP Advisor Services, LLC
May 2012 - March 2015 · 2 yrs 10 mos
NFP Advisor Services, LLCBroker
May 2012 - March 2015 · 2 yrs 10 mos
Wells Fargo Advisors, LLC
October 2010 - May 2012 · 1 yr 7 mos
Wells Fargo Advisors, LLCBroker
October 2010 - May 2012 · 1 yr 7 mos
Nrp Advisors, INC.
June 2010 - September 2010 · 3 mos
Nrp Financial, INC.Broker
June 2010 - September 2010 · 3 mos
Diversified Investors Securities CORP.Broker
June 2008 - June 2010 · 2 yrs
NFP Securities, INC.
May 2006 - March 2008 · 1 yr 10 mos
NFP Securities, INC.Broker
August 2002 - March 2008 · 5 yrs 7 mos
Fidelity Brokerage Services LLCBroker
September 1998 - July 2002 · 3 yrs 10 mos
State Registrations1 state
TX
Advisor
Exams
No exam information available for this advisor.
Michael Shane Mcdougald - Financial Advisor | TrueAdvisor