Set in the 1970s, Mighty Fine is the story of Joe Fine (Chazz Palminteri), a charismatic, high-spirited man, who relocates his family, wife Stella (Andie MacDowell), daughters Natalie (Jodelle Ferland) and Maddie (Rainey Qualley), from Brooklyn to New Orleans, in search of a better life. Joe's devotion to his family knows no bounds, and he seeks to provide them with the ultimate in the good life, from a palatial home to a steady string of extravagant gifts. Unfortunately, Joe's spending spree is wildly out of touch with reality, as his apparel business is teetering on the brink of collapse, a fact he refuses to accept. On the surface Joe is a charmer with a king-sized personality, but underneath he is possessed by a deep-rooted anger which he frequently turns on the family he loves; the largest part of his fury is directed at Maddie, who is sixteen and beginning to show signs of both an emerging sexuality and a willingness to challenge his authority. Stella, a holocaust survivor and no stranger to victimization, and younger sister Natalie, an aspiring poet, appear to be more forgiving of his "fits," but they feel the impact of Joe's emotional abuse as much as Maddie does.
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