McGowan & Co LLP

McGowan & Co., LLP provides personalized investment management and financial advice to individuals (including high‑net‑worth clients), pension and profit‑sharing plans, trusts, estates, charitable organizations and businesses. The firm reports roughly $655.6 million in assets under management across about 240 accounts and typically charges fees based on a percentage of assets under management.

McGowan establishes an Investment Policy Statement for each client and implements customized asset‑allocation strategies that may include individual equities, fixed income, mutual funds, ETFs, options and limited use of margin or short sales, while monitoring transitions and tax considerations. The firm ordinarily manages client accounts on a non‑discretionary basis—requiring client approval before making changes—and maintains only a small discretionary sleeve (approximately $2.85 million across eight accounts), which can make trade timing dependent on client responsiveness.

A notable feature is the firm’s affiliation with an allied certified public accounting practice: firm principals are managing members of an affiliated accounting firm and may recommend or provide accounting and tax services, a relationship the brochure discloses as a potential conflict of interest. McGowan also generally applies a $2 million account minimum (subject to waiver) and recommends Schwab Advisor Services as custodian, receiving certain research and services in return.