# McDonald Partners LLC

> McDonald Partners LLC is an SEC-registered investment advisory firm in Cleveland, OH, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.

- CRD: 135414
- Filed as: MCDONALD PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cleveland, OH
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135414
- AdvisorCensus page: https://advisorcensus.com/firm/mcdonald-partners-llc-cleveland-oh-135414

## Quick answers

**How is McDonald Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), McDonald Partners LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions.

**Where is McDonald Partners LLC located?**
McDonald Partners LLC's principal office is in Cleveland, OH, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is McDonald Partners LLC registered with the SEC or a state?**
McDonald Partners LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 135414.

**How much does McDonald Partners LLC manage?**
McDonald Partners LLC reports $1,279,273,513 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (62% discretionary).

**How have McDonald Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for McDonald Partners LLC: Regulatory assets under management: $1,351,453,750 in the October 2021 data and $1,279,273,513 in the October 2026 data, down 5%. Total employees: 43 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does McDonald Partners LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (838); high net worth individuals (293); charitable organizations (13).

**Which custodians does McDonald Partners LLC use?**
McDonald Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does McDonald Partners LLC report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/135414

**What changed in McDonald Partners LLC's recent Form ADV filings?**
In the July 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
- Fixed fees (other than subscription fees)
- Commissions

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, 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: $1,279,273,513
- Discretionary: $797,491,042
- Non-discretionary: $481,782,471

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 838 | $484,533,047 |
| High net worth individuals | 293 | $491,982,229 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $19,833,772 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 9 | $16,828,416 |
| Charitable organizations | 13 | $63,376,847 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 13 | $202,719,202 |

### 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2005 (21 years)
- Employees: 29 total, 29 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NH, NJ, NY, OH, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/135414

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Ann Arbor, MI
- Boyne City, MI
- Toledo, OH

### Websites listed on Form ADV (Item 1.I)
- captrustaa.com
- mansourwealthmanagement.com
- mcdonald-partners.com
- LinkedIn @mcdonald-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,351,453,750 | 43 | October 1, 2021 |
| October 2022 | $1,634,310,507 | 48 | September 15, 2022 |
| October 2023 | $1,088,900,270 | 30 | March 29, 2023 |
| October 2024 | $1,115,223,985 | 34 | May 17, 2024 |
| October 2025 | $1,287,456,830 | 33 | April 17, 2025 |
| October 2026 | $1,279,273,513 | 29 | September 28, 2026 |

Regulatory assets under management: $1,351,453,750 in the October 2021 data and $1,279,273,513 in the October 2026 data, down 5%.
Total employees: 43 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

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

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

### April 2026
- Employees performing advisory functions went from 33 to 29.
- Changed its office addresses in Ann Arbor, MI.
- No longer lists an office in Cleveland, OH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. McDonald Partners LLC (CRD 135414): Form ADV filing data as of October 2026.