Macdougall Financial Counseling
MacDougall Financial Counseling offers comprehensive financial planning and investment management services. Founded in 1988, the firm is co-owned by Allan MacDougall III and Elizabeth L MacDougall. MacDougall Financial Counseling helps clients with asset allocation, investment manager selection, tax planning, estate planning, and insurance coverage. The firm primarily invests client portfolios in no-load mutual funds and exchange-traded funds, tailored to individual needs such as principal protection or income generation. MacDougall Financial Counseling manages investments on a discretionary basis, meaning they make trades on your behalf, though they typically notify clients of recommended changes. The firm works with individual clients, trusts, charities, and organizations.
Fee Structure
MacDougall Financial Counseling does not charge fees based on a percentage of your portfolio value. Instead, the firm charges annual retainer fees for ongoing services, which are typically between $3,000 and $30,000 per year. These fees are negotiated based on the time required and the complexity of your situation. Fees may be higher if the firm performs significant administrative or trust services. Retainers include an annual escalator based on the previous year's inflation rate plus 3%.