Mcguire Financial Services, Inc (2022)

CRD#298695

Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

or call us now at 1-888-467-5419

Learn more about Mcguire Financial Services, Inc

Overview

Mcguire Financial Services, Inc operates as an advisory firm located in West Yarmouth, Massachusetts. Mcguire Financial Services, Inc has $60.4 million in assets over 420 client accounts. The firm has a small group of two employees, including one financial advisor. Mcguire Financial Services, Inc is not a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer firm to do so. Securities are defined as tradable financial investments like equities, bonds and options.

Mcguire Financial Services, Inc oversees all of the firm's client assets in a discretionary manner. Discretionary management is a structure in which an investment advisor has the discretion to make buy and sell decisions for the client's account without requiring the client's approval. The company supervises about $143,852 for each client account. $2,500,001 to $5,000,000 of its investments for financial planning services were in securities, with $500,001 to $1,000,000 placed in non-securities. The typical advisor at Mcguire Financial Services, Inc oversees about 420 client accounts.

The company's headquarters is located at 349 Main St, West Yarmouth, Massachusetts 2673. The company is registered to serve investors throughout 3 states, including Florida, Massachusetts and Texas.

Assets Under Management

$60.4 million

Number of Advisors

1

(Video) McGuire Financial Group

Disclosures

No

Office Location

349 Main St

West Yarmouth, MA 02673

Mcguire Financial Services, Inc by the Numbers

Mcguire Financial Services, Inc (1)

Total Assets Under Management

$60.4 million

National Average: $9.0 billion

Mcguire Financial Services, Inc (2)

Total Number of Employees

2

National Average: 71,771

Mcguire Financial Services, Inc (3)

Total Number of Accounts

(Video) McGuire Financial - Interview conducted by Glen Zacher, CFP with 2 of our agents

420

National Average: 4,329

Mcguire Financial Services, Inc (4)

Average Account Size

$143.9 thousand

National Average: $2.1 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Products and Services

Mcguire Financial Services, Inc offers a variety of financial services, which can include financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers and educational seminars. In the last fiscal year, it provided 1-10 of its customers with financial planning services. It does sell products or offer services apart from investment advice to its customers. The company is affiliated with a number of other companies in the financial services industry, including with an accountant or accounting firm.

Core Advisor Services

  • Offered by 31% of firms

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 47% of firms

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

  • Offered by 21% of firms

    This is the firm's assistance with choosing other advisors to work with who may have different specialties.

  • Find a firm that offers this service

    This is the publication of various financial education materials.

  • Offered by 7% of firms

    This is the hosting of seminars or workshops to educate investors on financial concepts.

Back to Overview

Fee Structure

Fees charged by financial advisors largely are based on the type of financial services offered. However, fees charged by Mcguire Financial Services, Inc can be comprised of the following fee types: asset-based, hourly or fixed. Mcguire Financial Services, Inc does not participate in a wrap fee program, in which the firm offers a bundle of services for a single fee. The firm has the ability to withdraw the charges directly from customer accounts.

(Video) McGuire Investment Group Financial Focus Commercial

Available

  • Offered by 70% of firms

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 21% of firms

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Offered by 33% of firms

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

Back to Overview

Types of Clients

It caters to retail investors and high net worth investors. Out of its 420 customers, Mcguire Financial Services, Inc's biggest client group by number of accounts is retail investors, although it also caters to 15 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are non-U.S. persons.

  • High-Net-Worth Individuals* - 10.87%
  • Other Individuals - 89.13%
  • Corporations - 0%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

(Video) McGuire Financial - Becoming Your Own Banker©, The Infinite Banking Concept© Canada

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Mcguire Financial Services, Inc does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

Financial Advisors at Mcguire Financial Services, Inc

Kenneth Mcguire
West Yarmouth, MA

Not sure which advisor is right for you? Use our matching tool

Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

Back to Overview

The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data compiled from the SEC and FINRA. To report any data inconsistencies or errors, please contact profile-compliance@smartasset.com.

The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm, and financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.

This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.

This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

(Video) Congratulations McGuire Financial Group

Videos

1. Les McGuire AMP Financial Planning Talks about Sales Techniques
(Kestrel Mentoring)
2. Learn The Bankers' Secret - based on Becoming Your Own Banker and the Infinite Banking concept
(McGuire Financial Group)
3. 2015 Robert Murphy Interview on 630 ched Becoming Your Own Banker-based on The Infinite Banking
(McGuire Financial Group)
4. Peter McGuire of XM Australia on Oil prices and fall of the Indian Rupee | ET Now news
(ET NOW)
5. Industry Insights Live with Ying Macguire
(National Association of Investment Companies)
6. Top 10 Celebrities Who Destroyed Their Careers On Late Night Shows
(Top 10 Beyond The Screen)

Top Articles

Latest Posts

Article information

Author: Nicola Considine CPA

Last Updated: 11/27/2022

Views: 5643

Rating: 4.9 / 5 (49 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Nicola Considine CPA

Birthday: 1993-02-26

Address: 3809 Clinton Inlet, East Aleisha, UT 46318-2392

Phone: +2681424145499

Job: Government Technician

Hobby: Calligraphy, Lego building, Worldbuilding, Shooting, Bird watching, Shopping, Cooking

Introduction: My name is Nicola Considine CPA, I am a determined, witty, powerful, brainy, open, smiling, proud person who loves writing and wants to share my knowledge and understanding with you.