Mcdonald Partners LLC
Assets Under Management
$1.3B
Number of Clients
1,347
Number of Advisors
22
Average Client AUM
$956K
AUM per Advisor
$58.5M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
McDonald Partners is a dually registered investment adviser and broker-dealer offering personalized investment management services to individuals, institutions, and retirement plans. Services include financial planning, tailored investment programs, and access to wrap fee programs through RBC Correspondent Services. They also manage private funds through an affiliated entity.
Fee Structure
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
Location
1301 East 9th Street, Suite 3700, Cleveland, OH, 44114