Douglas I. Donald, MBA, CPA, PFS, CRPC®, CDFA®
Financial Advisor at Investment Services
Mr. Donald is a Certified Public Accountant (CPA) licensed in Kentucky and a member of the American Institute of Certified Public Accountants.
He owns two service companies, Donald & Company, P.S.C. (DBA Divorce Financial Solutions LLC) and Investment Services. Divorce Financial Solutions LLC specializes in financial issues related to divorce. At Investment Services, he conducts his investment service business as the owner of a sole proprietorship.
Doug holds a Master of Business Administration (MBA) from Long Island University, C. W. Post Center of Long Island, New York, and a Bachelor of Science in Business Administration (BSBA) from Nichols College, Dudley, Massachusetts.
Mr. Donald is a Financial Advisor with Avantax, a distinct community within Cetera Wealth Services LLC, having passed his Series 6, Series 7, and Series 63 examinations. He is registered to offer securities in the following states: CO, FL, IN, KY, OH, and VA. He is also an Investment Advisor Representative with Avantax, a distinct community within Cetera Wealth Services LLC. in Kentucky. He holds a valid Health, Life, and Annuity insurance license throughout Kentucky.
Douglas I. Donald of Investment Services has received the Personal Financial Specialist (PFS) designation from the American Institute of Certified Public Accountants (AICPA).
The PFS designation, established in 1987 by the AICPA, recognized CPAs with considerable professional experience in financial planning. Mr. Donald met six requirements to earn the designation, including passing a technical exam covering the five functional areas of personal financial planning: individual income tax planning, risk management, insurance planning, investment planning, retirement planning, and estate planning. Also, Mr. Donald completed 250 hours of experience per year for three years. All PFS candidates must also hold a valid CPA certificate and be a member of the AICPA.
"Given their formal education and technical training in the areas of accountancy, taxation, and general business, CPAs are the most qualified, knowledgeable, and objective financial planning professionals," says Laurence Foster, Chairman of the AICPA Personal Financial Credential & Exam Committee of the Personal Financial Planning Division and himself a PFS. "Supplementing this background with the PFS designation demonstrates a CPA's commitment to providing consumers the highest level of financial planning services."
CPA's who have earned the PFS designation must be recertified every three years to maintain the credential.
Mr. Donald has acquired the credentials of the CHARTERED RETIREMENT PLANNING COUNSELOR® or CRPC®. The CHARTERED RETIREMENT PLANNING COUNSELLOR'S Professional Education Program focuses on individuals' pre- and post-retirement needs, allowing the holder the knowledge to transform the retirement planning process into a positive experience. The CRPC program enables the holder to explore various principles in the field of retirement planning. The certificate program guides you through the retirement process from start to finish, addressing issues such as estate planning and asset management.
The College for Financial Planning awards the CRPC® designation to students who complete the program, pass the final examination, and sign a code of ethics commitment and declaration form.
Mr. Donald has obtained the credentials of Certified Divorce Financial Analyst through the Institute for Divorce Financial Analysts (IDFA). IDFA® was founded in 1993 to provide specialized training to accounting, financial, and legal professionals in pre-divorce financial planning. Over the years, IDFA has certified more than 5,000 professionals as Certified Divorce Financial Analysts (CDFA).
MEMBER OF THE FOLLOWING PROFESSIONAL ASSOCIATIONS:
Member of the American Institute of Certified Public Accountants
Member of the Personal Financial Planning Section of The American Institute of Certified Public Accountants
Member of the Institute for Divorce Financial Analysts® (IDFA®)
Thoroughbred Club of America Inc.
EMPLOYMENT:
Finance Department of Merrill Lynch, Wall Street, 1975-1976.
Finance Department, Fasig-Tipton, Elmont, NY, 1977-1980.
Comptroller and Secretary, the Kentucky Horse Center, Inc., Lexington, KY, 1980-1982.
Branch Manager, Adams, Delaney, Davis, & Anderson Certified Public Accountants, 1982-1986.
President, Donald & Company, P.S.C. Certified Public Accountants, 1986-2016. DBA Divorce Financial Solutions LLC, 2017-currently.
Owner, Investment Services, Financial Advisor Firm, 1999-Present.
Financial Advisor with:
Financial Advisor - Avantax, a distinct community within Cetera Wealth Services LLC, 2003-Present.
Financial Advisor - Unified Financial Securities, Inc. 2000-2003.
Financial Advisor - Commonwealth Investment Services, Inc. 1999-2000.
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