{
  "crd_number": 106131,
  "slug": "donaldson-capital-management-llc-evansville-in-106131",
  "primary_business_name": "DONALDSON CAPITAL MANAGEMENT LLC",
  "legal_name": "DONALDSON CAPITAL MANAGEMENT LLC",
  "dbas": [],
  "city": "Evansville",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "21780",
  "metro": {
    "cbsa_code": "21780",
    "common_name": "Evansville",
    "msa_name": "Evansville, IN",
    "path": "/advisors/in/evansville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1995-02-10",
  "years_registered": 31,
  "period": "2026-10-01",
  "filing_date": "2026-08-10",
  "carried_forward": false,
  "raum_total": 3463957899.0,
  "raum_discretionary": 3449219406.0,
  "raum_non_discretionary": 14738493.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 68,
  "advisory_employees": 36,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 271582144.0,
      "count": 47
    },
    "individuals": {
      "raum": 414673032.0,
      "count": 1025
    },
    "banking_thrift": {
      "raum": 78305491.0,
      "count": 4,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 614766.0,
      "count": 1,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 24128416.0,
      "count": 2,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 124042240.0,
      "count": 30
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 2508443457.0,
      "count": 711
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 42168353.0,
      "count": 18
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://dcmol.com",
    "https://facebook.com/DCM1995",
    "https://linkedin.com/COMPANY/DONALDSON-CAPITAL-MANAGEMENT",
    "https://youtube.com/@DONALDSONCAPITALMANAGEMENT"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106131",
  "city_as_filed": "EVANSVILLE",
  "url": "https://advisorcensus.com/firm/donaldson-capital-management-llc-evansville-in-106131",
  "display_name": "Donaldson Capital Management LLC",
  "summary": "Donaldson Capital Management LLC is an SEC-registered investment advisory firm in Evansville, IN, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.",
  "citation": "AdvisorCensus. Donaldson Capital Management LLC (CRD 106131): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Donaldson Capital Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Donaldson Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Donaldson Capital Management LLC located?",
      "a": "Donaldson Capital Management LLC's principal office is in Evansville, IN, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Donaldson Capital Management LLC registered with the SEC or a state?",
      "a": "Donaldson Capital Management LLC is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 106131."
    },
    {
      "q": "How much does Donaldson Capital Management LLC manage?",
      "a": "Donaldson Capital Management LLC reports $3,463,957,899 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (100% discretionary)."
    },
    {
      "q": "How have Donaldson Capital Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Donaldson Capital Management LLC: Regulatory assets under management: $2,141,705,242 in the October 2021 data and $3,463,957,899 in the October 2026 data, up 62%. Total employees: 38 in October 2021 and 68 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Donaldson Capital Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,025); high net worth individuals (711); charitable organizations (47)."
    },
    {
      "q": "Which custodians does Donaldson Capital Management LLC use?",
      "a": "Donaldson Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Donaldson Capital Management LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106131"
    },
    {
      "q": "What changed in Donaldson Capital Management LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in MS, NV."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2141705242.0,
      "total_employees": 38,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2616028278.0,
      "total_employees": 48,
      "filing_date": "2022-05-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2310717134.0,
      "total_employees": 58,
      "filing_date": "2023-06-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2677442196.0,
      "total_employees": 61,
      "filing_date": "2024-03-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3096851374.0,
      "total_employees": 65,
      "filing_date": "2025-04-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3463957899.0,
      "total_employees": 68,
      "filing_date": "2026-08-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in MS, NV."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in MA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 39 to 36.",
        "Regulatory assets under management went from $3,096,851,374 to $3,463,957,899 (+12%).",
        "Added an office in Alpharetta, GA.",
        "No longer lists an office in Atlanta, GA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/donaldson-capital-management-llc-evansville-in-106131.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1025,
      "fewer_than_5": false,
      "raum": 414673032.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 711,
      "fewer_than_5": false,
      "raum": 2508443457.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 4,
      "fewer_than_5": true,
      "raum": 78305491.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 30,
      "fewer_than_5": false,
      "raum": 124042240.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 47,
      "fewer_than_5": false,
      "raum": 271582144.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 614766.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 2,
      "fewer_than_5": true,
      "raum": 24128416.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 18,
      "fewer_than_5": false,
      "raum": 42168353.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106131",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}