Macdougall Financial Counseling
MacDougall Financial Counseling offers financial planning services, including advice on investments, tax planning, estate planning, and insurance. While they typically have the authority to make trades without asking first, they try to notify clients of recommended changes and get their approval. They tailor their services to each client's needs and accept investment restrictions. They primarily use no-load mutual funds and exchange traded funds.
Fee Structure
MacDougall Financial Counseling charges an annual retainer fee for their services, which is negotiated with each client and typically ranges from $3,000 to $30,000 or more, depending on the time required and complexity of the client's situation. The retainer includes an annual increase based on the previous year's CPI-U plus 3%.