AM

Arnold Beatty Mcdonald

18 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 (1)
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Customer Dispute
February 2024
Pending
Other Business Activities

Arnold is the manager of McDonald Management LLC and president of several LLCs related to proprietary funds of McDonald Partners. He also serves as a board member for Signature Investments Montenegro d.o.o., dedicating a few hours per week to each activity.

Employment History
Current Registrations
Mcdonald Partners LLC
May 2007 - Present · 18 yrs 8 mos
Mcdonald Partners LLC
March 2007 - Present · 18 yrs 10 mos
Mcdonald Partners LLC Broker
March 2007 - Present · 18 yrs 10 mos
State Registrations13 states
CAFLINMAMINCNJNYOHSCSDTXVA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.