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Rachel Lynn Mcdonough

Advisor at Eversource Wealth Advisors, LLC — River Falls, WI

Updated today

Credentials

CFP®, Series 66

Experience

23 years

Location

River Falls, WI

Eversource Wealth Advisors, LLC logo

Eversource Wealth Advisors, LLC

Multi-team

Total advisors

76

Across 38 offices

Clients per advisor

43 Low

Avg AUM per client

$1,179,621 High

HNW client ratio

47% Very High

About

Rachel McDonough is a CFP® professional with 23 years of industry experience, currently serving at EverSource Wealth Advisors, LLC since 2021. She previously worked at Ameriprise Financial Services, Inc. from 2014 to 2021. Outside of her advisory role, Ms. McDonough is involved with A-Z Handyman, Inc. in a recordkeeping capacity, owns Wealthfluence, LLC which provides consulting on Faith-Based and ESG investing, and serves on advisory boards for Talanton Impact Fund and the Eagle Strategic Advisory Board, focusing on impact investing and social causes. EverSource Wealth Advisors serves a diverse client base including individuals, families, institutions, and independent RIAs, offering wealth management, financial planning, and investment advisory services. The firm employs a multi-program investment approach with a focus on values-based strategies and operates both as an adviser to outside RIAs and a manager of private pooled investments.

Client services

Based on Eversource Wealth Advisors, LLC

Financial planning Portfolio management Selection of other advisers Newsletters or periodicals Educational seminars or workshops

Expertise

Based on Eversource Wealth Advisors, LLC

ESG / Sustainable investing Private / alternative investments Real estate investing Business succession planning Charitable giving & philanthropy

Occupation focus

Based on Eversource Wealth Advisors, LLC

Founder/Business Owner Executive

Demographic focus

Based on Eversource Wealth Advisors, LLC

Values-based investing Christian Faith Based

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Fee options

Fixed

Fixed fees for financial planning and consulting engagements generally range from $2,500 to $25,000; some consulting per project fees.

Percentage

$0 - $3,000,000: Up to 2.00% annually (with example of 1.0% yearly in sample calculation) Over $3,000,000+: Separately negotiated

Commissions

Certain IARs as licensed insurance agents may receive commissions from insurance sales; EverSource does not receive these commissions.

Project-based

Consulting services hourly rates typically range from $150 to $400 per hour; Family Dynamics consulting $400/hour; daily rate $1,500.

Other

Minimum fee: Fee-for-Service Financial Planning and Consulting engagements can be billed on a fixed-fee basis, generally ranging from $2,500 to $25,000. Fee-only: Financial Planning and Consulting can be fee-only; consulting fees are negotiable; firm is fiduciary.

Location

See office

River Falls, WI

River Falls WI

Advisors at this office

1

Most active in

Texas · Wisconsin

Work history

23 years of industry experience

EverSource Wealth Advisors, LLC

2021 - Present • 5 years

River Falls, WI

Ameriprise Financial Services, Inc.

2014 - 2021 • 7 years

New Prague, MN

Raymond James Financial

2010 - 2014 • 4 years

MN

Merrill

2003 - 2009 • 6 years

Minneapolis, MN

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Ricky P

CFP®, Series 63

Prescott, WI

Pro Advisors, Ltd. dba R J Pickle Financial Services

Ricky Pickle is a CFP® and Series 63-licensed financial advisor with 24 years of industry experience. He is the sole advisor at Pro Advisors, Ltd., operating as R J Pickle Financial Services, and has been president of R.J. PICKLE, CPA, CFP, PC since 2013, providing tax preparation services. The firm offers investment management and financial planning to individuals, high-net-worth clients, and businesses, using a combination of fundamental and technical analysis to guide portfolio construction and ongoing monitoring. It integrates investment advisory services with tax preparation and planning, reflecting the advisor’s dual credentials as a CPA and CFP®.

General tax planning Wealth management Self-Employed
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Jesse S

CFP®, Series 63

Bayport, MN

Prevail Financial Partners, LLC

Jesse Sell is a CFP® with 32 years of industry experience, currently operating as the sole advisor at Prevail Financial Partners, LLC since 2019. Prior to founding Prevail, he spent 11 years at Ameriprise Financial Services, Inc. He serves as Treasurer and Secretary for his local homeowners association in West Lakeland, Minnesota. Prevail Financial Partners, LLC is an independent, state-registered advisory firm serving individual and high-net-worth clients through managed accounts and financial planning. The firm employs a client-driven investment process that integrates asset allocation, dollar-cost averaging, technical analysis, and both long- and short-term trading, typically managing assets on a non-discretionary basis.

General retirement planning Annuities Options & derivatives strategies
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Abbey S

CFP®

Ellsworth, WI

808 Investments

Abbey Spoo is a CFP® professional with 10 years of experience in financial advising. She is the sole advisor at 808 Investments, an independent firm she joined in 2024 after eight years at Marquette Asset Management, LLC. 808 Investments is a fee-only registered investment adviser serving high-net-worth individuals and business owners. The firm provides discretionary wealth management and comprehensive financial planning, emphasizing customized Investment Policy Statements and a blend of fundamental and charting analysis with both passive and active strategies.

General retirement planning Cash flow / budgeting College savings (529s, UTMA, etc.)
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Angela T

Series 65

River Falls, WI

Portfolio Design Services, LLC

Angela Tille is a financial advisor at Portfolio Design Services, LLC with six years of industry experience. She holds the Series 65 designation and has been with Portfolio Design Services since 2019, prior to which she worked in the family business for 13 years. Portfolio Design Services provides discretionary asset management, financial planning, and consulting to individuals, high-net-worth clients, trusts, and estates, as well as qualified retirement plans. The firm employs fundamental, technical, and cyclical analysis in constructing tailored portfolios using equities, fixed income, mutual funds, and ETFs, and offers specialized ERISA 3(38) plan-management services for plan sponsors.

Wealth management
user avatar

Bradley O

Series 65

River Falls, WI

Portfolio Design Services, LLC

Bradley Olson is a Series 65-licensed financial advisor with 19 years of industry experience. He has been with Portfolio Design Services, LLC since 2007. Portfolio Design Services provides discretionary asset management, financial planning, and consulting to individuals, high-net-worth clients, trusts, estates, and qualified retirement plans. The firm offers tailored portfolios using equities, fixed income, mutual funds, and ETFs, employing fundamental, technical, and cyclical analysis, and serves as an ERISA 3(38) investment manager for plan sponsors.

Wealth management
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Sarah B

Series 63, Series 65

Lake Elmo, MN

Fencl Advisory Services, LLC

Sarah Braunshausen is an investment advisor representative at Fencl Advisory Services, LLC with 23 years of industry experience. She has worked at Fencl Advisory Services since 2015 and previously was affiliated with Dominion Investor Services, Inc. and Guardian Life Insurance Company of America. She is also involved in selling fixed life insurance and disability products. Fencl Advisory Services is a state-registered investment adviser serving individuals, trusts, retirement plans, corporations, and other professional clients. The firm offers discretionary portfolio management and financial planning with a planning-driven, long-term buy-and-hold investment approach, emphasizing client education and regular portfolio reviews.

Retirement income strategy General retirement planning Annuities Wealth management Founder/Business Owner
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