William M. Macdonald
CETERA INVESTMENT ADVISERS LLC
Portsmouth, NH 03801
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CRD#: 2252594
Professional summary
William Malcolm Macdonald, CFP®, who also goes by Bill Macdonald, William Malcolm Macdonald, is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Portsmouth, New Hampshire and CETERA WEALTH SERVICES, LLC located in Portsmouth, New Hampshire.
William is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1992. William has worked at 4 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Bill Macdonald | William Malcolm Macdonald
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) Fiduciary Appntmnt-Ttee Porstmouth~NH~12/15/2014~2hrs~2hrs~My duties include making quarterly distribution to the trust 2) W. MacDonald, CPA~Portsmouth~NH~Tax Preparation/Accounting~Owner/Sole Proprietor~1/1/1985~40hrs~40hrs~Accounting services, registered agent services and income tax preparation 3) Blouin Realty Inc.~Seabrook~NH~Accounting~Financial Advisor/Consultant~4/22/2016~2hrs~2hrs~Paying bills, making deposits for this real estate holding company; 4) The Rattle Group LLC~Seabrook~NH~Accounting~Financial Advisor/Consultant~4/22/2016~2hrs~2hrs~Paying bills, making deposits for this real estate holding company. 5) Japan-America Society of NH~Portsmouth~NH~Other~Member of the Board of Directors~1/1/1998~1hrs~1hrs~Treasurer 6) Fiduciary Appntmnt-Ttee~Portsmouth~NH~~6/27/2018~5hrs~5hrs~This trust will receive the proceeds from the sale of appx 330 shares of Ford stock, which will be distributed to four beneficiaries. Once distributed, the account will be closed 7) Fiduciary Appntmnt-Ttee~288 Harbor Road~Rye~NH~6/26/2018~5hrs~5hrs~I will oversee the management of the investments and will pay any trust related expenses as requested by the grantor or are otherwise necessary trust expenses 8) PORTSMOUTH WEALTH MANAGEMENT; RR; DBA - Avantax Financial products are offered; NIR; HRS 0; HRS 1; 08/31/2017; Portsmouth NH; DBA - Avantax Financial products are offered through this DBA. 9) ESTATE OF LORAYNE DODGE; Personal Rep; Lorayne Dodge passed away this morning (April 6, 2022). She named me in her will as her Personal Rep; NIR; 10hrs; 10hrs; 04/06/2022; 75 Congress Street, Ste 204, Portsmouth NH 03801; House and personal property to be sold and bank accounts liquidated 10) RITA DAVIS TRUST; Trustee; As trustee I would make distributions to beneficiary and/or pay expenses on behalf of this beneficiary; IR; HRS 5; HRS 5; 10/21/2022; 75 Congress Street, Ste 204, Portsmouth NH 03801; Accounts to be moved to Avantax FP, checking account to be established to enable to payment of expenses for bene 11) JOYCE M. TROY REVOCABLE TRUST OF 2007; Trustee; Fiduciary Appointment; NIR; HRS 5; HRS 5; 06/26/2018; 288 Harbor Road, Rye NH 03870; I will oversee the assets and will pay any trust related expenses as requested by the grantor 12) DENYSE P. SIMPSON REVOCABLE 1996 TRUST; Trustee; Fiduciary Appointment; NIR; HRS 3; HRS 0; 07/31/2019; 579 Sagamore Ave, Unit 73, Portsmouth NH 03801; Client wants me to be available to continue to do this as she ages and if her health changes. Her brother and nephew are income beneficiaries of this trust with the remainder being payable to a charity. 13) MORGAN RAY BYRNE 2008 TRUST; Trustee; Fiduciary Appointment; NIR; HRS 5; HRS 0; 08/12/2019; 75 Congress Street, Portsmouth NH 03801; I will serve as co-trustee with the family attorney. The primary duties will be investment management. 14) MILDRED TESAR TRUST FBO KAREN ERVIN; Trustee; Fiduciary Appointment; NIR; HRS 2; HRS 2; 05/13/2011; 75 Congress St, Portsmouth NH 03801; I am in regular contact with David Tesar regarding distributions to beneficiary and trust investments. 15) TSSWMM FINANCIAL GROUP; Financial Advisor; Merger of my wealth management practice with TSS Wealth Management; NIR; HRS 160; HRS 130; 01/18/2024; 75 Congress Street, Ste 204, Portsmouth NH 03801; Provide wealth management services for my clients 16) ESTATE OF STEPHEN TROY; Executor; Administering the estate of Stephen Troy. NIR;HRS 10; HRS10; 02/26/2025; 75 Congress Street, Portsmouth NH 03801, United States; Sale home. He also owns bank and retirement accounts that will need to be liquidated. 17) TSWM ADVISORY GROUP; Wealth manager; Investment Advisory Firm providing wealth management and financial planning services. IR; HRS 160; HRS 130; 06/16/2025; 75 Congress St, Portsmouth NH 03801, United States; My primary duty is to meet with clients to establish their personal financial planning goals.
CRS (Client Relationship Summary) - RIA
Click below to view William Malcolm Macdonald's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 1995
Experience
Current
August 15, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 75 Congress Street Ste 204, Portsmouth, NH 03801Office #2: 42881 Lake Babcock Dr Suite 200, Babcock Ranch, FL 33982RIA
CRD#: 105644
Portsmouth, NH
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 75 Congress Street Ste 204, Portsmouth, NH 03801Office #2: 42881 Lake Babcock Dr., Babcock Ranch, FL 33982BD
CRD#: 13572
Portsmouth, NH
Past
August 23, 2002 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
PORTSMOUTH, NH
Past
June 4, 2002 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Portsmouth, NH
Past
August 19, 1992 - October 1, 1993
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(9/18/2025)
RR
California(9/5/2025)
RR
Connecticut(9/5/2025)
IAR
Florida(8/15/2025)
RR
Florida(9/5/2025)
RR
Hawaii(9/5/2025)
RR
Illinois(9/5/2025)
RR
Maine(9/5/2025)
RR
Massachusetts(9/5/2025)
RR
Montana(9/5/2025)
RR
Nevada(9/5/2025)
RR
New Hampshire(9/5/2025)
IAR
New Hampshire(9/5/2025)
RR
New York(9/5/2025)
RR
North Carolina(9/5/2025)
RR
Vermont(9/5/2025)
RR
Virginia(9/5/2025)
RR
Washington(9/5/2025)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
Red Flags
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Company Information
CETERA INVESTMENT ADVISERS LLC
CRD#: 105644Portsmouth, NH 03801TRUST BUT VERIFY
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