McDonald Capital Management

Overview

McDonald Capital Management was founded in 1990 by Eric C. McDonald, CFA, and remains an independent RIA operating from a single office in Lubbock, Texas. The firm serves private clients — families, trusts, and estates — alongside endowments, foundations, corporate accounts, and retirement plans. Its founding thesis is that an advisor unburdened by sales quotas or proprietary products can align a portfolio strictly to a client's investment policy statement. MCM currently manages approximately $300 million in discretionary assets (per the firm, 2025), allocated across individual equities, individual bonds, ETFs, and diversified instruments. The approach is research-driven: Jeffrey M. Mercer, Ph.D., serves as Partner and Director of Research, feeding internal analysis into the portfolio construction process led by McDonald and Associate Portfolio Manager Tyler Sturdivant, CFA. The firm targets taxable and tax-advantaged pools — IRAs, 403(b)s, profit-sharing plans — and corporate cash accounts, covering the South Plains region from its Quaker Avenue office. The team is deliberately lean, listing five professionals on its website, including Yolanda Roe as Director of Client Relations and Mark Hayden in a client-relations support role. No adjacent vehicles — such as a venture arm, philanthropic foundation, or club-deal network — are disclosed. The firm has not publicly reported any mergers, acquisitions, or geographic expansions since its founding. What structurally differentiates MCM is its RIA-only posture: it is an SEC-registered fiduciary with no broker-dealer affiliation, no proprietary funds, and no stated ambition to scale assets by adding distribution. For an institutional allocator, that means portfolio decisions at MCM aren't competing with a product shelf — a governance setup that remains unusual among sub-$500 million advisory shops in secondary US markets. MCDONALD CAPITAL MANAGEMENT was listed as registered with the SEC in the IAPD firm compilation observed on 2026-10-22. In Form ADV filed on 2026-07-17, it reported 2 employees; 402 advisory accounts; services including Financial planning, Portfolio management for businesses and institutional clients, Portfolio management for individuals and small businesses, Portfolio management for pooled investment vehicles; client categories including Charitable organizations, Corporations or other businesses, High net worth individuals, Individuals (other than high net worth individuals), Pooled investment vehicles; compensation arrangements including A percentage of assets under management, Fixed fees, Hourly charges, Performance-based fees. 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.