Douglas A. McClennen IA
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$78,200,000
Clients
29
45% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
29
TypicalAverage account size
$2,696,552
About
Douglas A. McClennen IA advises primarily individuals, trusts and endowments and also accepts work for groups evaluating retirement plans; services described in the brochure include portfolio management, financial planning and occasional trustee services. The firm states it oversees both discretionary and non‑discretionary accounts and may provide pension consulting or plan‑evaluation engagements for plan sponsors.
The adviser describes a holistic, research‑driven investment approach that emphasizes low‑cost, no‑load index funds, periodic rebalancing and risk‑adjusted allocation, supplemented when appropriate by individual stock selections. The brochure notes a quantitative background and an in‑house research database of stocks and funds, regular quarterly account reviews, and an annual personalized performance letter to clients.
Distinctive features relative to peers include a published free newsletter outlining market views and a model portfolio, and the adviser’s willingness to provide educational presentations or seminars and formal 401(k)/IRA plan evaluations. The firm also departs from the common percentage‑of‑assets fee model, instead using hourly and retainer arrangements in some cases, and will act as a named trustee for certain clients when agreed.
Client services
Financial planning
Portfolio management
Pension consulting
Newsletters or periodicals
Educational seminars or workshops
Expertise
Passive / index investing
Tax-loss harvesting
Fee options
$0 - $100,000: $100,000 - $500,000: $500,000 - $1,000,000: $1,000,000 - $5,000,000: $5,000,000+:
$275.00/hour for Investment Advisor; $75.00/hour for Administrative Assistant
Fee-only: $275.00/hour for Investment Advisor; $75.00/hour for Administrative Assistant; billed in 15 minute increments after first hour on a quarterly basis.
Main office location
Douglas A. McClennen IA
Harwich MA, United States
Number of offices
1
Most active in
Douglas A. McClennen IA has reported serving >5 clients in these states in the last 12 months.
Massachusetts
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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