Mcdonald Capital Management

CRD#114531
Investment Advisor Firm

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Overview

Mcdonald Capital Management operates as a financial advisor firm located in Lubbock, Texas. The company has $191.7 million in total assets throughout 319 customer accounts, making it a mid-tier financial advisory firm in the nation by assets under management (AUM). Mcdonald Capital Management has a small team of four employees, two of whom are financial advisors. Mcdonald Capital Management does not act as a registered broker-dealer, signifying that it cannot buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer firm to do so. Securities are exchangable fiscal assets like stocks, bonds and options.

Mcdonald Capital Management oversees 318 of the company's accounts in a discretionary manner. Discretionary management is a structure in which an investment advisor makes transaction judgments for the client's account without needing client consent. The company also manages one non-discretionary accounts totaling $1.9 million in assets under management. The company manages about $601,094 in assets for each customer account. An average advisor at Mcdonald Capital Management manages around 160 client accounts.

The firm's central office is located at 8001 Quaker Avenue, Lubbock, Texas 79424. It is legally allowed to serve customers in the state of Texas.

Assets Under Management

$191.7 million

Number of Advisors

2

Disclosures

No

Office Location

8001 Quaker Avenue
Lubbock, TX 79424

Mcdonald Capital Management by the Numbers

Total Assets Under Management

$191.7 million

National Average: $3.7 billion
Total Number of Employees

4

National Average: 29
Total Number of Accounts

319

National Average: 2,073
Average Account Size

$601.1 thousand

National Average: $1.8 million

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Products and Services

Mcdonald Capital Management offers a variety of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients and other services. However, it did not provide financial planning services to any of its customers in the previous fiscal year. It does not sell products or offer services other than investment advice to its investment advisory customers.

Core Advisor Services

  • Offered by 45% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 62% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

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Fee Structure

Fees for financial advice largely are based on which services the firm provides the client. However, fee types charged by the firm likely consist of some combination of the following fee structures: asset-based or hourly. Mcdonald Capital Management does not provide a wrap fee program, in which the company offers a service bundle for a comprehensive fee.

Available

  • Offered by 74% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 35% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

Unavailable

  • Find one of the 2% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 40% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

The company manages money for a broad range of customers. The company caters to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 319 accounts, Mcdonald Capital Management's biggest client is retail investors, although it also serves 30 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 1% of the company's customers reside abroad.

  • High-Net-Worth Individuals* - 22.22%
  • Other Individuals - 63.7%
  • Corporations - 8.89%
  • Charitable Organizations - 5.19%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Mcdonald Capital Management does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Mcdonald Capital Management

Tyler Sturdivant
Lubbock, TX
Arthur Coquelin
Lubbock, TX
Jeffrey Mercer
Lubbock, TX
Eric Mcdonald
Lubbock, TX

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The content in this profile was updated on 08/06/2020, using data compiled from the SEC and FINRA.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.