McDonnell Capital Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$142,837,789
Clients
143
Advisors
2
of 3 employees
About
McDonnell Capital Management provides discretionary and non-discretionary investment management, integrated financial planning, institutional asset management, and ERISA 3(21) co-fiduciary retirement plan consulting to a mix of individuals, business owners, trusts, non-profits and smaller government entities. Services include customized investment policy statements, investment selection and monitoring, tax advisory input, and participant education for employer-sponsored plans.
The firm’s investment approach is grounded in Modern Portfolio Theory and a “Goals Driven Wealth Management” process that integrates financial modeling and probability analysis (including Monte Carlo simulations) to set asset allocations and stress-test plans. McDonnell Capital operates on an open-architecture platform, providing both discretionary portfolio implementation and consultative, non-discretionary plan advice and due diligence for retirement plans.
Noteworthy features include an uncommon concentration of municipal and township clients for a firm of this size and a formal affiliation with tax and accounting services via an owner who operates a separate CPA practice (with disclosed referral conflicts), as well as a principal who is separately licensed to sell insurance products. The brochure also discloses a recent transition from state to SEC registration, a policy of not accepting third‑party compensation for advisory services, and written procedures to address conflicts arising from affiliated referrals and insurance commissions.
Client services
Expertise
Occupation focus
Fee options
Fixed fee engagements typically range from $2,000 to $5,000 for financial planning
$0 - $500,000: 1.25% $500,000 - $2,000,000: 1.00% $2,000,000 - $5,000,000: 0.85% $5,000,000+: 0.75%
$200-$400 per hour depending on complexity
Account minimum: $160,000 Minimum fee: Minimum quarterly fee of $500 for Investment Management services; Minimum quarterly fee of $1,000 for Employee Retirement and Benefit Plan Consulting services Fee-only: Hourly fees ranging from $200 to $400 per hour; Fixed fees for financial planning engagements ranging from $2,000 to $5,000
Main office
19550 S Harlem Avenue, Suite 3
Frankfort IL 60423
Advisors at this office
2
Most active in
Illinois · Indiana · Nebraska · Texas · Virginia
Also doing business as
Mcdonnell Capital Management · Mcdonnell Wealth Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Joseph M
CFP®, PFS™, Series 63, Series 65
Frankfort, IL
McDonnell Capital Management
Joseph McDonnell is a financial advisor at McDonnell Capital Management with 21 years of industry experience. He holds the CFP® and PFS™ designations, as well as Series 63 and 65 licenses. McDonnell has operated his own CPA practice since 1989 and has managed McDonnell Wealth Management since 2012. He serves as a school treasurer for multiple local school districts and a community educational foundation, overseeing their financial activities and fund investments. McDonnell Capital Management provides discretionary and non-discretionary investment management, retirement plan consulting, and integrated financial planning to a diverse client base including institutions, business owners, trusts, municipalities, and individual investors. The firm’s goals-driven investment approach is based on Modern Portfolio Theory and utilizes customized policy statements and financial modeling to guide asset allocation and measure progress.
Christopher M
Series 66
Frankfort, IL
McDonnell Capital Management
Christopher McDonnell is a financial advisor at McDonnell Capital Management with 16 years of industry experience. He holds a Series 66 designation and has been leading McDonnell Wealth Management, LLC since 2012. McDonnell Capital Management provides discretionary investment management, non-discretionary advisory services, ERISA 3(21) co-fiduciary retirement plan consulting, and integrated financial planning to a diverse client base including institutions, business owners, trusts, municipalities, and individual clients. The firm employs a goals-driven investment approach based on Modern Portfolio Theory, utilizing customized investment policy statements and financial modeling to guide asset allocation and monitor progress.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)