Cornelius Mcdonald
Cornelius Mcdonald is a CFP-designated registered investment advisor at Physicians Financial Services, INC., based in Raleigh, NC, with 41 years of industry experience. Cornelius operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 222 clients with $430M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.5M | 1.50% |
| $1.5M - $3.0M | 1.25% |
| $3.0M - $5.0M | 0.90% |
| $5M+ | 0.90% |
All fees may be negotiated depending on account variables and extenuating circumstances. For clients utilizing external money managers, Physicians Financial Services' fees range up to 1.50% depending on the size of the account and additional money under management. You will also pay the external manager's fee and the custodian fee.
Fee Estimator
Location
100 E. Six Forks Road, Suite 200, Raleigh, NC, 27609
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Cornelius is president/investment advisory representative for Physicians Financial Services, Inc. and The Wealth Group, Ltd., and a registered representative for Capital Investment Group, Inc. and Capital Investment Brokerage, Inc. He is also an independent insurance agent and manager for McDonald Family Partnership and Boatslip, LLC, and holds positions with YMCA of the Triangle and The North Carolina Society of the Cincinnati.
Employment History
Current Registrations
Physicians Financial Services, INC.
The Wealth Group, LTD
Capital Investment Group, INC.Broker
Capital Investment Brokerage, INC.Broker
Previous Registrations
Capital Investment Counsel INC
Capital Investment Group, INC.Broker
W. S. Griffith & CO., INC.Broker
Sentra Securities CorporationBroker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.