# McDonald Capital Management

> McDonald Capital Management is an SEC-registered investment advisory firm in Lubbock, TX, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 17, 2026.

- CRD: 114531
- Filed as: MCDONALD CAPITAL MANAGEMENT
- Legal name: Islay Capital Management, LLC
- Also doing business as: MCDONALD CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lubbock, TX
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/114531
- AdvisorCensus page: https://advisorcensus.com/firm/mcdonald-capital-management-lubbock-tx-114531

## Quick answers

**How is McDonald Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), McDonald Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**How much does McDonald Capital Management charge?**
Its Form ADV Part 2A brochure dated July 17, 2026 states: Hourly rate: $250 an hour (Consulting services); Subscription: $1,000 a year (Financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is McDonald Capital Management located?**
McDonald Capital Management's principal office is in Lubbock, TX, according to its Form ADV.

**Is McDonald Capital Management registered with the SEC or a state?**
McDonald Capital Management is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 114531.

**How much does McDonald Capital Management manage?**
McDonald Capital Management reports $357,658,014 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary).

**How have McDonald Capital Management's assets and staff changed since 2021?**
In the Form ADV data for McDonald Capital Management: Regulatory assets under management: $208,329,181 in the October 2021 data and $357,658,014 in the October 2026 data, up 72%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does McDonald Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (84); high net worth individuals (77); corporations or other businesses not listed above (11).

**Which custodians does McDonald Capital Management use?**
McDonald Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does McDonald Capital Management report any disciplinary disclosures?**
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/114531

**What changed in McDonald Capital Management's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated July 17, 2026)

- Hourly rate: $250 an hour (Consulting services)

> Clients receiving consulting services are billed at an hourly rate of $250. Consulting services fees are due and payable once we deliver the contracted-for work product to the client.

- Subscription: $1,000 a year (Financial planning services)

> We offer financial planning services starting at $1,000 per year, billed bi-annually in arrears. Fees vary based on time and complexity.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $357,658,014
- Discretionary: $357,658,014
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 84 | $24,516,876 |
| High net worth individuals | 77 | $251,970,295 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $8,385,612 |
| Charitable organizations | 9 | $42,867,813 |
| Corporations or other businesses not listed above | 11 | $29,917,418 |

### Advisory services (Item 5.G)
- 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
- Other

### Firm details
- Registered since: 2002 (24 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- islaycapital.biz
- islaycapital.com
- islaycapital.info
- islaycapital.net
- islaycapital.org
- islaycapital.us
- mcdcap.com
- Facebook @MCDCAP
- X @MCDONALDCAPMGMT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $208,329,181 | 2 | February 25, 2021 |
| October 2022 | $233,385,998 | 2 | June 13, 2022 |
| October 2023 | $238,444,353 | 5 | March 13, 2023 |
| October 2024 | $286,877,904 | 2 | February 29, 2024 |
| October 2025 | $306,088,280 | 2 | February 25, 2025 |
| October 2026 | $357,658,014 | 2 | July 17, 2026 |

Regulatory assets under management: $208,329,181 in the October 2021 data and $357,658,014 in the October 2026 data, up 72%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Regulatory assets under management went from $306,088,280 to $357,658,014 (+17%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. McDonald Capital Management (CRD 114531): Form ADV filing data as of October 2026.