Wealth manager, wrap-program sponsor · Evansville, IN
Donaldson Capital Management LLC
SEC-registered investment adviser · CRD 106131 · SEC 801-48479
At a glance
Donaldson Capital Management LLC is an SEC-registered investment adviser based in Evansville, Indiana, with $3.5 billion in regulatory assets under management as of its Form ADV filed August 10, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,736 individual clients. By Form ADV it is a wealth manager (wrap-program sponsor), ranked 461st of 8,915 wealth managers and 2,612th of 17,210 SEC-registered advisers by assets.
Main office 812-421-3211dcmol.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.5B
- Rank among wealth managers
- #461 of 8,915
- Rank among all SEC RIAs
- #2,612 of 17,210
- Rank in Indiana
- #14 of 146
- Individual clients
- 1,736
- High-net-worth clients
- 711
- Accounts
- 1,848
- Discretionary
- 100% of AUM
- Employees
- 68
- Advisory staff
- 36
- Offices
- 4
Owners and executives on its Form ADV
- Gregory C DonaldsonFounder
- Michael D HullExecutive Chairman
- Richard W. RoopSenior Investment Advisor
- Randall K. AlsmanSenior Investment Advisor
- Joseph P. ZabratanskiChief Investment Officer & Senior Investment Advisor
- Ciavon R. HartmanCOO
- Marvin J. WrightSenior Investment Advisor
- Brandon R. RoopVice President & Senior Investment Advisor
- Matthew K. MarkleChief Investment Officer & Senior Investment Advisor
- Steven H. NicholsDirector
- Ronald J. PatbergSenior Investment Advisor
- Blake T AlsmanSenior Investment Advisor
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 711 | $2.5B | 72% |
| Individuals | 1,025 | $415M | 12% |
| Charitable organizations | 47 | $272M | 8% |
| Pension and profit sharing plans | 30 | $124M | 4% |
| Banking or thrift institutions | 4 | $78M | 2% |
| Corporations or other businesses | 18 | $42M | 1% |
| Insurance companies | 2 | $24M | <1% |
| State or municipal government entities | 1 | $1M | <1% |
Disciplinary disclosures
Donaldson Capital Management LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Periodicals or newsletters
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗dcmol.com ↗
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The full record on Donaldson Capital Management LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,182 peers of its type and size
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- Owners and executives, with titles and stakes
- 30 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Donaldson Capital Management LLC manage?
Donaldson Capital Management LLC reports $3.5 billion in regulatory assets under management across 1,848 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 10, 2026.
What kind of firm is Donaldson Capital Management LLC?
Donaldson Capital Management LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Donaldson Capital Management LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($2.5 billion, 711 clients); individuals ($415 million, 1,025 clients); charitable organizations ($272 million, 47 clients).
Does Donaldson Capital Management LLC have any disciplinary history?
Donaldson Capital Management LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Donaldson Capital Management LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-10), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →