# MacDougall Financial Counseling

MacDougall Financial Counseling is a Multi Family Office based in Delmont, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Delmont, United States
- **Region:** North America
- **Address:** Delmont, PA, United States
- **Founded:** 1989
- **Assets under management:** 425 (Altss estimate)
- **Website:** macdougallfinancial.com
- **LinkedIn:** https://www.linkedin.com/company/macdougall-financial-counseling

## Regulatory record

- **CRD number:** 104644
- **SEC file number:** 801-33838
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-02-25T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/104644

## About

Allan MacDougall III established the firm to serve multiple families with integrated financial services. The MacDougall family traces its lineage to the Laughlin steel fortune and maintains ties to The Children's Institute of Pittsburgh. The firm allocates across public equities and fixed income through no-load mutual funds and ETFs. It also executes direct co-investments and private equity commitments, with confirmed exposure to FinTech and healthcare services companies. Geographic reach centers on North America, supplemented by philanthropic vehicles that direct capital to education, environment, and healthcare initiatives in Pennsylvania, New York, and Massachusetts. Assets under management total $425 million. The team supports more than 100 client relationships and maintains two private foundations, Millbury Foundation and Workable Alternatives Foundation. Elizabeth MacDougall participated in the 2023-2024 Leadership Pittsburgh cohort. The firm operates with a hybrid structure that combines registered investment advisory services and family-office functions for multiple client families, anchored by long-standing board roles at The Children's Institute of Pittsburgh and the Balmoral School of Piping and Drumming.

## Sectors

- FinTech
- Healthcare Services
- Private Equity
- Real Estate
- Philanthropic / Mission-Related Investing

## People

- Allan MacDougall III — Principal
- Elizabeth MacDougall — Principal

## Questions

### Who runs investment decisions at MacDougall Financial Counseling?

Allan MacDougall III serves as principal and directs investment and advisory activity. Elizabeth MacDougall participates in firm governance and external professional networks.

### Does MacDougall Financial Counseling participate in fund commitments or only direct deals?

The firm executes both direct co-investments and private equity fund commitments. Confirmed investment types include Direct Co-Investments / SPVs and Private Equity.

### What investment stages does MacDougall Financial Counseling typically target?

The firm targets growth and expansion stage opportunities in private markets.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/macdougall-financial-counseling

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