Michael McDonough

Biography

The McDonough Hennessy Group of Wedbush Securities is a team of financial professionals dedicated to the growth, preservation, and financial success of their high net-worth clients. With a straightforward approach of simplicity and consistency, McDonough Hennessy Group provides unmatched care of their client’s financial interests with close coordination of independent tax and legal advisors, comprehensive research and portfolio monitoring, effective client communication and tailored advice for overall financial achievements.

Michael (“Mike”) McDonough’s career and expertise in the financial services industry spans more than three decades. After becoming a registered financial advisor in the early days of his profession, Mike joined Dean Witter Reynolds as an investment executive, moving on to work for Wedbush, Sutro & Co., then RBC Dain Rauscher before returning to Wedbush in 2007. Mike is well-versed in all areas of wealth management and specializes in fixed income, financial planning, 401(k) plans, and portfolio management. His philosophy is simple, always do right by the client and step in as a counselor, friend and advisor for maximum financial success and preparation.

In his free time, Mike appreciates hiking, golfing, skiing, and fly fishing. You also might find him working in his garden, traveling or camping with his family. He is a father of two adult children, Brooke and Matthew, and husband to his wife, Shelley. Mike is a retired volunteer firefighter after eight years of service, a regular blood donor, and continues to be an active member in his community.

RECOGNITION/MEMBERSHIPS

• BloodSource blood donor
• Volunteer Fire Fighter – Newcastle Fire Protection District (retired after eight years of service)

PRESIDENTS CLUB

 

Recognized by the firm as a member of the prestigious President's Club for outstanding contributions to the Wealth Management Division.

SPECIALIZATIONS

• Estate Planning
• Financial Planning
• Portfolio Review
• Retirement Planning

Credentials

• Series 7, 8, 63, and 65 securities licenses
• Licensed in 13 states
• Insurance License #0A78073
• Bachelor’s degree in Economics from University of California, Berkeley

Mission Statement