Author, Family Inc.
Doug McCormick has a lifetime of experiences that provide the foundation for the framework, principles, and tools in Family Inc. As a professional investor, he has spent two decades managing money for institutional clients such as insurance companies, pension funds, entrepreneurs, and high net worth families. Unlike Wall Street money managers who seek to generate paper profits through passive investing, Doug partners with families and entrepreneurs to build and grow their businesses to create sustainable long-term value. His own journey to achieving financial independence began at the age of seven when his Dad helped him purchase AT&T stock. During his professional career, he has gone from active duty Army officer with a young family, to grad school student, to employee at a Wall Street investment bank, to private equity investor and finally entrepreneur through co-founding HCI Equity with his partners.
As Managing Partner at HCI Equity, Doug oversees all aspects of the firm’s strategy, investments, and operations with his partners. Before joining HCI Equity, he worked as a Managing Director at Thayer Capital and in the Investment Banking Division of Morgan Stanley & Co. Doug previously served as a Captain in the U.S. Army’s 25th Infantry Division where he earned the Airborne, Air Assault, Expert Infantryman, and Ranger qualifications. Doug holds a Master of Business Administration from Harvard Business School and a Bachelor of Science in Economics from the U.S. Military Academy at West Point, where he graduated at the top of his class while serving as First Captain and Co-Captain of the Army Wrestling team.
Doug’s personal passions include his family (wife Michele, son Mike and daughter Kelly), his dogs (Mac and Sammy), hunting, outdoor activities, politics, and veteran causes. Doug serves as a board member of Team Red White and Blue (www.teamrwb.org) and is honored to be a Henry Crown Fellow, class of 2011.