Mcdonald Investments Inc. (Cleveland)

Name: Mcdonald Investments Inc.
Address: Mcdonald Investments Center, Cleveland, OH, 44114
Telephone: 216-443-2300

Mcdonald Investments Inc. is a large advisory firm based in Cleveland. It manages $6.2 billion of regulatory assets for 12,887 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 44 other states.

Mcdonald Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcdonald Investments: assets under management

The assets under management (AUM) of Mcdonald Investments Inc. is $6.2 billion. The firm's AUM has grown by 178% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.55 billion in discretionary accounts and $652.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $545.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $239.19 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mcdonald Investments Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mcdonald Investments Inc.

Robert G. Jones has been acting as President since 1 Mar 2001. Douglas William Preiser joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard S. Demko	Managing director	1 Jun 1995	Other	835850
Daniel F. Austin	Senior managing director	1 Aug 1995	Other	1245073
Robert T. Clutterbuck	Chief executive officer	1 Aug 1995	Other	801997
Ralph Della Ratta (Jr.)	Senior managing director	1 Jun 1996	Other	1769611
William Bayne Jr Summers	Chairman of the board	1 Aug 1996	Other	439987
Thomas M. Mcdonald	Senior managing director	1 May 1997	Other	326904
Patricia J. Jamieson	Senior managing director, director	1 Jun 1997	Other	1211524
Patricia Jane Jamieson	Senior managing director, director	1 Jun 1997	Other	1211524
Keycorp	Sole shareholder	1 Oct 1998	75% - 100%	34-6542451
Karen A. Janes	Director of compliance, managing director	1 Jun 1999	Other	2033043
Marlene Tehi	Chief financial officer, managing director	1 Jun 1999	Other	xxx-xx-xxxx
Kathryn Hale Louttit	Director, legal counsel	1 Aug 2000	Other	4365135
David Schafer	Chief operations officer	1 Nov 2000	Other	1368781
Kenneth James Patsey	Managing director	1 Jan 2001	Other	1396728
Douglas William Preiser	Managing director	1 Jan 2001	Other	1690776
John Leroy Schlifer	Senior managing director	1 Jan 2001	Other	1490587
Robert G. Jones	Director	1 Mar 2001	Other	2617719
Robert Dominic Jr Moran	Chief financial officer	1 Jul 2001	Other	xxx-xx-xxxx
Douglas John Butler	Managing director	1 Jun 2002	Other	1263314
Robert T. Clutterbuck	Vice chairman	1 Aug 2002	Other	801997
Robert G. Jones	Chief executive officer	1 Aug 2002	Other	2617719
Thomas Ware Bunn	President	1 Aug 2002	Other	2319189
Christopher Marrott Gorman	Executive vice president, director	1 Jul 2003	Other	2213982
Richard James Buoncore	Senior managing director	1 Jul 2003	Other	1652210
Shelly Ann Goering	Chief compliance officer	1 Dec 2003	Other	4712335
Charles Ralph Shaw	Chief executive officer	1 Sep 2004	Other	2530142
Douglas William Preiser	Sr. managing director, director	1 Mar 2005	Other	1690776
John Leroy Schlifer	Sr. managing director, director	1 Mar 2005	Other	1490587
Robert Bauman Jr Heisler	Chief executive officer	1 Jul 2005	Other	3153542
Douglas William Preiser	Chief executive officer	1 Jan 2006	Other	1690776
Salvatore Anthony Messina	Group president	1 Jan 2006	Other	1011476

Based in Cleveland

The principal office where Mcdonald Investments Inc. performs its advisory services is located at Mcdonald Investments Center, Cleveland, OH 44114, which is also the mailing address of the firm. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-443-2300 or by fax 216-563-2065. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at mcdinvest.com.