AS

Andrew James Stover

39 Years of Experience

Firm Information

Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
Number of Advisors
22 advisors
Number of Clients
1,347 clients
Average Client Portfolio
$956K average
Assets Under Management
$1.3B

Fee Structure

Minimum Investment:$5K
Financial Plan Fee:$4,000 - $10,000

McDonald Partners charges fees based on a percentage of assets under management. These fees vary depending on whether the account is fixed income only or equity/balanced. For fixed income accounts, the maximum fee is 1.75% on the first $500,000, decreasing to 0.75% for assets above $2,000,000. For equity/balanced accounts, the maximum fee is 3.00% on the first $500,000, decreasing to 1.50% for assets above $2,000,000. Option trades are $9.00 per trade plus $0.50 per option contract (minimum $3.00). ACCESS accounts have a $9.00 per trade transaction fee + 0.04% ($40 minimum) fee for performance reporting. Financial planning fees are either a flat fee or subscription-based, ranging from $4,000 to $10,000 annually for Foundation, Growth, and Legacy clientships, respectively. Fees are negotiable depending on specific circumstances.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningBusiness OwnersHigh Net Worth
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Advisor Information

Office location

1301 East 9th Street, Suite 3700, Cleveland, OH, 44114

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Regulatory History (7)
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Judgment / Lien
August 2023
Judgment / Lien
September 2020
Judgment / Lien
May 2019
Judgment / Lien
April 2010
Customer Dispute
March 2009
Settled
Customer Dispute
August 1991
Settled
Criminal
December 1975
Final Disposition
Employment History
Current Registrations
Mcdonald Partners LLC
February 2020 - Present · 5 yrs 11 mos
Mcdonald Partners LLC Broker
March 2010 - Present · 15 yrs 10 mos
Mcdonald Partners LLC
March 2010 - Present · 15 yrs 10 mos
Previous Registrations
Morgan Stanley Smith Barney LLC
June 2009 - April 2010 · 10 mos
Morgan Stanley Smith Barney Broker
June 2009 - April 2010 · 10 mos
Citigroup Global Markets INC.
June 2001 - June 2009 · 8 yrs
Citigroup Global Markets INC. Broker
July 1993 - June 2009 · 15 yrs 11 mos
Lehman Brothers INC.Broker
February 1988 - July 1993 · 5 yrs 5 mos
E. F. Hutton & Company INCBroker
November 1986 - February 1988 · 1 yr 3 mos
State Registrations7 states
FLINMINCNYOHWY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.