McDonald Capital Investors provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
McDonald Capital Investors reports 90 clients. They include 73 high-net-worth individuals, 7 charitable organizations and 6 individual clients. Of its assets, 100.0% ($1.86B across 90 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 7% | <1% |
| High-net-worth individuals | 81% | 61% |
| Pooled investment vehicles | 2% | 18% |
| Pension and profit-sharing plans | 2% | 9% |
| Charitable organizations | 8% | 12% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 6 | $3.49M | 0.2% | $582K |
| High-net-worth individuals | 73 | $1.13B | 60.8% | $15.5M |
| Pooled investment vehicles | 2 | $328M | 17.7% | $164M |
| Pension and profit-sharing plans | 2 | $172M | 9.2% | $85.9M |
| Charitable organizations | 7 | $224M | 12.1% | $32M |
| Total | 90 | $1.86B | 100% | $20.6M |
- Clients
- 6
- Regulatory AUM
- $3.49M
- AUM share
- 0.2%
- Avg. per client
- $582K
- Clients
- 73
- Regulatory AUM
- $1.13B
- AUM share
- 60.8%
- Avg. per client
- $15.5M
- Clients
- 2
- Regulatory AUM
- $328M
- AUM share
- 17.7%
- Avg. per client
- $164M
- Clients
- 2
- Regulatory AUM
- $172M
- AUM share
- 9.2%
- Avg. per client
- $85.9M
- Clients
- 7
- Regulatory AUM
- $224M
- AUM share
- 12.1%
- Avg. per client
- $32M
Total
- Clients
- 90
- Regulatory AUM
- $1.86B
- AUM share
- 100%
- Avg. per client
- $20.6M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
McDonald Capital Investors charges 0.75%–1.00% a year for its Compensation Schedule. The fee is billed in arrears, is negotiable and requires an account of at least $5,000,000.
Fee details and sources
Andrew McDonald owns 25% to 50% of McDonald Capital Investors. The leadership team of McDonald Capital Investors includes President Andrew McDonald and Chief Compliance Officer Linda Udall. It has 5 employees, 2 of them in advisory roles.
Leadership
- Andrew McDonaldPresident
- Linda UdallChief Compliance Officer
- Trent McDonaldVice
Thomas SteyerShareholder
Staff
- 5 employees
- 2 in advisory functions
- Owns 25% to 50% of McDonald Capital Investors Inc
Andrew McDonald
Control person · since July 1982
- Owns 25% to 50% of McDonald Capital Investors Inc
Trent McDonald
Control person · since January 1986
- Owns 10% to 25% of McDonald Capital Investors Inc
Thomas Steyer
since January 1994
McDonald Capital Investors’ regulatory assets grew from $1.4B (March 2021) to $1.86B (March 2026); clients were 90 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.86B | 90 | 5 | 1 |
| March 2025 | $1.87B | 91 | 5 | 1 |
| March 2024 | $1.62B | 90 | 5 | 1 |
| March 2023 | $1.4B | 91 | 5 | 1 |
| March 2022 | $1.61B | 90 | 5 | 1 |
| March 2021 | $1.4B | 90 | 5 | 1 |
Besides its headquarters, McDonald Capital Investors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 4 Orinda Way, Suite 120-D, OrindaHQ
Contact and registration details
- Legal name
- McDonald Capital Investors Inc
- Headquarters
- 4 Orinda Way, Suite 120-D, Orinda, CA 94563
- Website
- Not reported
- Phone
- 925-258-5401
- SEC file
- 801-17866
- Structure
- California corporation
- Fiscal year end
- December
McDonald Capital Investors uses RBC Capital Markets ($778M, 61%), Charles Schwab ($189M, 15%) and Northern Trust ($160M, 13%), among others, as custodians for its separately managed accounts. McDonald Capital Investors has custody of $218M in client assets for 10 clients.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $778M61%
- Northern TrustNorthern Trust Company · Chicago, IL · $160M13%
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $189M15%
- State StreetState Street Corporation · Boston, MA · $151M12%
At year end, McDonald Capital Investors’ separately managed accounts were mostly in stocks (88%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.37B across 20 positions; the largest are Progressive Corp. (12.9%), Berkshire Hathaway Inc. Del (10.3%) and Regeneron Pharmaceuticals (8.8%).
What the accounts hold
- Stocks88%
- Bonds8%
- Cash4%
Reported 13F holdings
- $1.37B
- Reported 13F value
- 20
- Positions
- 76.3%
- In the 10 largest
- −6.3%
- Value vs. prior quarter
- Progressive Corp.12.9%
- Berkshire Hathaway Inc. Del · CL B New10.3%
- Regeneron Pharmaceuticals8.8%
- Amazon Com Inc.8.0%
- Brookfield Corp. · CL A Ltd VT SH7.6%
- Alphabet Inc. · Cap Stk CL A6.0%
- JPMORGAN Chase & CO5.9%
- Martin Marietta Matls Inc.5.9%
- Paychex Inc.5.5%
- Netflix Inc..5.5%
Together, the ten largest are 76.3% of reported value.
How many clients does McDonald Capital Investors have?
McDonald Capital Investors has 90 clients and manages $1.86 billion for them, as of March 2026. They include 73 high-net-worth individuals, 7 charitable organizations and 6 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does McDonald Capital Investors offer?
McDonald Capital Investors provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does McDonald Capital Investors charge?
McDonald Capital Investors charges 0.75%–1.00% a year for its Compensation Schedule. The fee is billed in arrears, is negotiable and requires an account of at least $5,000,000.
Source: MCDONALD CAPITAL INVESTORS, INC., filed 30 March 2026
Which custodians does McDonald Capital Investors use?
McDonald Capital Investors’ separately managed account assets are held at RBC Capital Markets, LLC (Minneapolis, MN), with $778M, Charles Schwab & Co., Inc. (El Paso, TX), with $189M, Northern Trust Company (Chicago, IL), with $160M and State Street Corporation (Boston, MA), with $151M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does McDonald Capital Investors have?
McDonald Capital Investors has 0 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does McDonald Capital Investors invest in?
At the end of its last fiscal year, McDonald Capital Investors’ separately managed accounts held 88% exchange-traded equities, 8% U.S. government and agency bonds and 4% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does McDonald Capital Investors have a minimum investment?
Yes, McDonald Capital Investors’ minimum account size for its Compensation Schedule is $5M.
Source: MCDONALD CAPITAL INVESTORS, INC., filed 30 March 2026
Who owns McDonald Capital Investors?
McDonald Capital Investors’ direct owners are Andrew McDonald, Trent McDonald and Thomas Steyer, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does McDonald Capital Investors get paid?
McDonald Capital Investors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is McDonald Capital Investors registered with the SEC?
Yes, McDonald Capital Investors has been registered with the SEC as an investment adviser since 26 October 1982. Its CRD number is 105562 and its SEC file number is 801-17866.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact McDonald Capital Investors?
McDonald Capital Investors’ main office is at 4 Orinda Way, Suite 120-D, Orinda, CA 94563. Its phone number is 925-258-5401.