John McDonough is the President and CEO of Houston-based Studemont Group of companies. Studemont Group, LP, Studemont Group College Funding Solutions, LLC. John is the Houston Managing Director for Cool Springs Financial, LLC (www.coolspringsfinancial.com) John is also creator of the Future Creation Process™ and Without Doubt™ series and former host of the Money Myth Busters Radio Show on 100.7 FM. He has served clients financial needs since 2001 and trained advisors since 2004.
Studemont Group is a full-service firm catering to the wealth management, college prep and financing, and retirement planning needs of pre-retired and retired clients. It is the goal of the firm to help clients address their financial doubts and plan to secure a stable financial future.
In his practice, McDonough helps clients overcome their concerns about rising taxes, saving enough to last the duration of their retirement and more. He created the Future Creation Process™, Money Without Doubt™ and Retirement Without Doubt™ personal finance systems, designed to help address financial concerns and create a workable plan to eliminate doubts and increase confidence in money and retirement. He authored his first book entitled How to Give Your Child a 4-Year Education Without Going Broke. He is currently authoring his second book Money Without Doubt™.
In addition, McDonough has also worked to educate Houston area residents through his former radio show Money Myth Busters on 100.7 FM KKHT. Through the weekly broadcast, McDonough strived to “bust” conventional wisdom of financial myths and answer listeners’ questions. Some of his show topics included: complacency and your money; myths associated with financial products; how not to be a slave to the lender and more.
McDonough’s credentials include being life and health insurance licensed in Texas. He has furthered his education by taking finance courses at both the Wharton School of Business and Rice University, where he has completed the necessary coursework for the well-respected CERTIFIED FINANCIAL PLANNER™ designation. McDonough graduated with a Bachelor of Science in Business Administration with an emphasis in Marketing from the University of North Carolina in Charlotte.
In addition to his commitment to continuing education, McDonough also belongs to several financial membership groups including the Society of Financial Service Professionals (FSP), and the National Association of Insurance and Financial Advisors (NAIFA), and New First Financial Resources, LLC (FFR) (where he currently serves as Chairman of the Board of Directors), all esteemed organizations with the goal of educating members in the latest financial practices and upholding the highest industry standards. McDonough has demonstrated an excellence in his field through his continued invitations to the Million Dollar Round Table – Top of the Table as well as the Forum 400, both exclusive organizations honoring financial professionals who have reached commendable industry benchmarks.
McDonough is a former semi-professional soccer player and a three-time participant in the BP MS 150 Houston to Austin bike tour benefiting the National Multiple Sclerosis Society. He is also involved in the Prince of Peace Catholic Church as well as the Northwest Bible Church. McDonough married his high school sweetheart, Edna, in 2004. Together they have two daughters and reside in Spring, Texas.