Mcallister Capital Management

Overview

McAllister Capital Management was established in Jackson, Mississippi, in 1995 by Lyle L. McAllister Jr., who arrived with experience on both the advisory and asset-management sides of the industry, including a prior role at American Century Investors. The firm operates as a registered investment advisor on a fee-only basis, which legally requires it to act in a fiduciary capacity. This structure was a deliberate choice to differentiate from the commission-driven brokerage model that dominated retail financial services at the time of its founding. The firm’s advisory capabilities span financial planning, retirement strategies, and portfolio management for individuals, high-net-worth families, trusts, estates, and corporations. Client assets are generally managed through separately managed accounts with a focus on direct security selection. The team joined by Sheldon Ford — who brought a treasury-management background from BankPlus — and Mac McAllister, who joined in spring 2021 after serving as a Private Wealth Tax Manager at Deloitte in Houston, bringing CPA and CFP credentials to the practice. The operation remains compact, operating from a single office on Dunbarton Drive in Jackson with a disclosed team of four professionals. In spring 2021, the firm added Mac McAllister, deepening its in-house tax-planning capability at a time when clients increasingly expect a combined investment-and-tax view. The practice has not launched adjacent public-facing funds, philanthropic entities, or investment clubs, and maintains a deliberately low-profile public footprint. Its structural differentiator lies in governance: by choosing the RIA model with no broker-dealer affiliation, McAllister Capital is required by federal law to subordinate its own revenue interest to each client’s best outcome. For families and business owners navigating illiquid wealth events, tax transitions, and multi-jurisdictional estates across Mississippi, that regulatory architecture can make the firm’s small scale an advantage rather than a limitation. MCALLISTER CAPITAL MANAGEMENT was listed as registered with the SEC in the IAPD firm compilation observed on 2026-10-22. In Form ADV filed on 2026-01-12, it reported 3 employees; 210 advisory accounts; services including Portfolio management for individuals and small businesses; client categories including High net worth individuals, Individuals (other than high net worth individuals); compensation arrangements including A percentage of assets under management. These are dated adviser-reported facts, not independently verified by Altss. Registration does not constitute approval or endorsement. This historical filing does not establish current registration status or operations.