McDonnell Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 101–250 clients last fiscal year.
McDonnell Wealth Management reports 159 clients. They include 108 individual clients, 35 high-net-worth individuals and 16 charitable organizations. Of its assets, 97.4% ($162M across 465 accounts) are managed with discretion; $4.29M across 2 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 38% |
| High-net-worth individuals | 22% | 48% |
| Charitable organizations | 10% | 14% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 108 | $63.6M | 38.2% | $589K |
| High-net-worth individuals | 35 | $79.2M | 47.5% | $2.26M |
| Charitable organizations | 16 | $23.9M | 14.3% | $1.49M |
| Total | 159 | $167M | 100% | $1.05M |
- Clients
- 108
- Regulatory AUM
- $63.6M
- AUM share
- 38.2%
- Avg. per client
- $589K
- Clients
- 35
- Regulatory AUM
- $79.2M
- AUM share
- 47.5%
- Avg. per client
- $2.26M
- Clients
- 16
- Regulatory AUM
- $23.9M
- AUM share
- 14.3%
- Avg. per client
- $1.49M
Total
- Clients
- 159
- Regulatory AUM
- $167M
- AUM share
- 100%
- Avg. per client
- $1.05M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
McDonnell Wealth Management charges 0.75%–1.25% a year for its Investment Management. Each asset band is charged at its own rate. The fee is negotiable and has a $2,000 annual minimum. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$2M | 1.00% |
| $2M–$5M | 0.85% |
| $5M and above | 0.75% |
Fee details and sources
Other fees
- Employee Retirement and Benefit Plan Consulting
- Annual asset-based fee on plan assets: 1.00% first $1,000,000, 0.65% next $4,000,000, 0.50% next $10,000,000; negotiable above $15,000,000; minimum $1,000 per quarter.
- Integrated Financial Planning
- Fixed fee typically $2,000 to $5,000 (comprehensive plan minimum $2,000), or hourly at $200-$400 per hour.
- Other Advisory Services
- Project or one-time planning, policy statements and education billed hourly at $200-$400 per hour.
Christopher McDonnell owns 50% to 75% of McDonnell Wealth Management. The leadership team of McDonnell Wealth Management includes Chief Compliance Officer Christopher McDonnell. It has 3 employees, 2 of them in advisory roles.
Leadership
- Christopher McDonnellManaging Member, Principal and Chief Compliance Officer
- Joseph McDonnellManaging Member and Principal
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 50% to 75% of McDonnell Wealth Management, LLC
Christopher McDonnell
Control person · since June 2012
- Owns 50% to 75% of McDonnell Wealth Management, LLC
Joseph McDonnell
Control person · since June 2012
McDonnell Wealth Management’s regulatory assets grew from $133M (May 2025) to $167M (February 2026); clients rose from 144 to 159 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $167M | 159 | 3 | 1 |
| May 2025 | $133M | 144 | 2 | 1 |
Besides its headquarters, McDonnell Wealth Management has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 19550 S Harlem Avenue, Suite 3, FrankfortHQ
Contact and registration details
- Legal name
- McDonnell Wealth Management, LLC
- Headquarters
- 19550 S Harlem Avenue, Suite 3, Frankfort, IL 60423
- Website
- mcdonnell-capital.com
- Phone
- 708-925-9507
- SEC file
- 801-133008
- Structure
- Delaware LLC
- Fiscal year end
- December
McDonnell Wealth Management uses Charles Schwab ($162M) as custodian for its separately managed accounts. McDonnell Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $162M100%
At year end, McDonnell Wealth Management’s separately managed accounts were largely in stocks (49%) and funds (45%).
What the accounts hold
- Stocks49%
- Funds45%
- Bonds5%
- Cash1%
How many clients does McDonnell Wealth Management have?
McDonnell Wealth Management has 159 clients and manages $167 million for them, as of February 2026. They include 108 individual clients, 35 high-net-worth individuals and 16 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 February 2026
What services does McDonnell Wealth Management offer?
McDonnell Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does McDonnell Wealth Management charge?
McDonnell Wealth Management charges 0.75%–1.25% a year for its Investment Management. Each asset band is charged at its own rate. The fee is negotiable and has a $2,000 annual minimum.
Source: MCDONNELL WEALTH MANAGEMENT, LLC BROCHURE, filed 26 February 2026
Which custodians does McDonnell Wealth Management use?
McDonnell Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $162M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 February 2026
How many financial advisors does McDonnell Wealth Management have?
McDonnell Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does McDonnell Wealth Management invest in?
At the end of its last fiscal year, McDonnell Wealth Management’s separately managed accounts held 49% exchange-traded equities, 45% registered funds (mutual funds, ETFs, BDCs), 5% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns McDonnell Wealth Management?
McDonnell Wealth Management’s direct owners are Christopher McDonnell (50% to 75%) and Joseph McDonnell (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 February 2026
How does McDonnell Wealth Management get paid?
McDonnell Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is McDonnell Wealth Management registered with the SEC?
Yes, McDonnell Wealth Management has been registered with the SEC as an investment adviser since 16 June 2025. Its CRD number is 164252 and its SEC file number is 801-133008.
Source: Form ADV Part 1A, Item 1, filed 26 February 2026; IAPD firm record
How do I contact McDonnell Wealth Management?
McDonnell Wealth Management’s main office is at 19550 S Harlem Avenue, Suite 3, Frankfort, IL 60423. Its phone number is 708-925-9507. Its website is mcdonnell-capital.com.