MacDougall Financial is a family owned, and operated Registered Institutional Advisory Firm. Originally known as Schofield Financial Counseling, the firm was founded in the late 1980’s by Mr. Douglas Schofield. He and Teri Savage worked together until Lanny MacDougall joined them in 2005. Two years later, Lanny assumed full ownership and management after Doug retired to pursue outside interests. Building on the family operated foundation of the company, the team grew in 2010 with the addition of Teri’s son, Kurt, followed by Lanny’s daughter, Liz, in 2019. The firm continues to provide comprehensive financial, estate, tax, trustee and administrative services for individuals and families.
MacDougall Financial Counseling is registered with the SEC. We have well north of $350M assets under management, and several private foundations, revocable trusts, and irrevocable trusts. Our firm consists of four professionals who pride themselves on personalized service. We manage individual, corporate, retirement, trust and foundation accounts across the nation for over 100 clients. For a flat annual fee we act as investment advisors and fiduciaries, allowing our clients the freedom to reach out to us with all matters involved in their financial well-being. This fee typically comes in between a quarter and a half of a percent, a competitive rate as most firms charge around 1% of total assets under management. Additional services, such as trusteeship, are negotiated on a per client basis depending on the complexity of your situation. As 100% fiduciaries, all of our recommendations are in the best interest of our clients. We work closely with each individual as trusted confidants and advisors to make sure you feel secure and all of your financial questions are addressed.