Michael Macdonald
Michael Macdonald is a registered investment advisor at Financial Transparency, based in Danville, CA, with 42 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, Investment Management, Retirement Planning. Their firm serves 233 clients with $310M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Financial Transparency offers three investment management programs with fees that are negotiated with your advisor, but will not exceed the following:
- Let's Get Started: Not to exceed 1.00% of your portfolio per year.
- Managed Investment Portfolios: Not to exceed 1.75% of your portfolio per year. Minimum investment of $25,000.
- Customized Managed Accounts: Not to exceed 2.15% of your portfolio per year. Minimum investment of $150,000.
Location
Danville, CA
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2002Other Business ActivitiesSells Insurance
Michael is a trustee for a self-directed employee/company profit sharing plan since 1984, dedicating a few hours per week. He is also an insurance agent/rep with Anixter and Oser since 2019, spending a few hours per week on this. Additionally, Michael is a personal representative/trustee for an estate, handling various financial and legal tasks, which also takes a few hours per week.
Employment History
Current Registrations
Financial Transparency
Previous Registrations
Michael Macdonald Financial Management, INC,
United Planners' Financial Services of America a Limited PartnerBroker
United Planners' Financial Services of America a Limited Partner
Lincoln Financial Securities Corporation
Independent Advisers Group CORP
Lincoln Financial Securities CorporationBroker
American Investors CompanyBroker
Pnmr Securities, INC.Broker
Safeco Securities, INC.Broker
Phoenix Equity Planning CorporationBroker
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.