Overview
Firm Description
McDonough Capital Management, Inc. (hereinafter “MCM” or the “Firm”) was founded in 1999 and has been
registered as an investment adviser since 2008.
MCM offers personalized investment advisory services to individuals, including high net worth individuals, pension
and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities with an
emphasis on the medical industry. Individuals associated with MCM will provide its investment advisory services.
Such individuals are known as Investment Adviser Representatives (IARs).
MCM is a corporation formed under the laws of the State of Florida. This Brochure provides information regarding
MCM and the qualifications, business practices, and nature of advisory services that should be considered before
becoming an advisory client of the Firm.
Persons associated with MCM are also registered representatives and/or IARs of Triad Advisors LLC (“Triad”), a
full-service securities broker/dealer registered under federal and state securities laws. Triad is a member of the
Financial Industry Regulatory Authority (“FINRA") and the Securities Investors Protection Corporation (“SIPC”).
Triad is also an SEC-registered investment adviser.
Please contact Edward A. McDonough, President/Chief Compliance Officer, if you have any questions about this
Brochure. Additional information about MCM is available on the Internet at www.adviserinfo.sec.gov. You can
search this site by a unique identifying number, known as a CRD number. The CRD number for MCM is 143767.
The Firm’s services and fees are described in the following pages.
Principal Owners
Edward A. McDonough is a 100% stockholder.
Types of Advisory Services
MCM provides financial planning services and investment supervisory services, also known as asset management
services.
All assets managed by MCM are on a discretionary basis.
Total assets under management for MCM as of December 31, 2023 were $145,560,133.
Financial Planning Services
Financial planning services typically involve providing a variety of services, principally advisory in nature, to clients
regarding the management of their financial resources based upon an analysis of their individual needs. The Firm will
first conduct a complimentary initial consultation. If the client and the Firm mutually decide to proceed, the client
will engage MCM to provide financial planning services. Follow up meetings will be conducted as necessary, during
which pertinent information about the client’s financial circumstances and objectives will be collected. MCM may
meet with the client’s other professional advisors (financial, legal, real estate, tax, etc.) for a series of information
gathering and/or implementation meetings. Once such information has been reviewed and analyzed, a written
financial
plan designed to achieve the client’s stated financial goals and objectives will be produced and presented to the client.
The primary objective of this process is to allow MCM to assist the client in developing a strategy for the successful
management of income, assets, and liabilities in meeting the client’s financial goals and objectives.
Financial plans are based on the client’s financial situation at the time the plan is presented and are based on financial
information disclosed by the client to MCM. Clients are advised that certain assumptions may be made with respect
to interest and inflation rates and use of past trends and performance of the market and economy. Past performance
is in no way an indication of future performance. MCM cannot offer any guarantees or promises that the client’s
financial goals and objectives will be met.
In limited circumstances, some clients may only require advice on a single aspect of the management of their financial
resources. For these clients, MCM offers financial plans in a modular format that address only those specific areas of
interest or concern.
Clients may act on the Firm’s recommendations by placing securities transactions with any brokerage firm the client
chooses. The client is under no obligation to act on the Firm’s financial planning recommendations. Moreover, if the
client elects to act on any of the recommendations, the client is under no obligation to implement the financial plan
through MCM or Triad. However, if the client implements a plan through IARs of MCM in their capacities as
registered representatives of Triad, such individuals may earn commissions for securities purchased through Triad.
The client may terminate the financial planning service within five (5) business days after the date when all parties
have agreed on such service without penalty. After the 5-day period, the client may contact the Firm and request a
termination of the financial planning service. The client will incur a pro rata charge for bona fide financial planning
and/or consulting services rendered prior to such termination.
Asset Management Services
Most clients choose to have MCM manage their assets in order to obtain ongoing in-depth advice and life planning.
All aspects of the client’s financial affairs are reviewed. Realistic and measurable financial goals are set and objectives
to reach those goals are defined. As financial goals and objectives change over time, suggestions are made and
implemented on an ongoing basis.
The scope of work and fee for an Investment Advisory Agreement is provided to the client in writing prior to the start
of the relationship. The client is provided with ongoing investment advice and monitoring of securities holdings. The
IAR will manage the account on a discretionary, provided certain qualifications are met, according to the client’s
investment objectives.