MacKay Financial Planning, LLC

MacKay Financial Planning serves individuals, married couples, families and, when appropriate, institutional or charitable clients, offering both limited-scope hourly engagements and ongoing retainer relationships that include investment management. The firm indicates it has no asset or income minimums and provides implementation and ongoing portfolio oversight through accounts held at independent custodians.

The firm describes a three-pronged advisory process—life planning to clarify client goals, financial planning to quantify and prioritize those goals, and investment advice to implement strategies—using risk questionnaires, personal interviews, and account history to determine appropriate asset allocations. Investment recommendations emphasize a diversified, passive, low-cost approach grounded in academic research, with frequent use of index funds and ETFs and allowance for client-imposed restrictions.

Distinctive operational features include a small advisory team managing a relatively concentrated client base and the use of discretionary authority for most ongoing accounts while retaining non-discretionary arrangements for certain legacy clients. The brochure also discloses a recent change to its fee methodology, the use of standing letters of authorization (with associated custody safeguards), a policy against accepting third‑party or referral compensation, and a practice of leaving proxy voting responsibilities with clients.