Broker-dealer firm · Cleveland, OH
McDonald Partners LLC
SEC-registered investment adviser · CRD 135414 · SEC 801-64294
At a glance
McDonald Partners LLC is an SEC-registered investment adviser based in Cleveland, Ohio, with $1.3 billion in regulatory assets under management as of its Form ADV filed September 28, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,131 individual clients. By Form ADV it is a broker-dealer firm, ranked 158th of 391 broker-dealer firms and 4,685th of 17,210 SEC-registered advisers by assets.
Main office 216-912-0567mcdonald-partners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among broker-dealer firms
- #158 of 391
- Rank among all SEC RIAs
- #4,685 of 17,210
- Rank in Ohio
- #93 of 403
- Individual clients
- 1,131
- High-net-worth clients
- 293
- Accounts
- 1,765
- Discretionary
- 62% of AUM
- Employees
- 29
- Advisory staff
- 29
- Offices
- 4
Owners and executives on its Form ADV
- Thomas Marion McDonaldOwner
- Arnold Beatty McDonaldCeo/cfo/muni Principal/owner
- Arnold Beatty McDonaldFinancial & Operations Principal
- William Maurice Jr HegartyChief Investment Officer
- Rita MansourOwner
- John Edward III McArdleOwner
- Brian Andrew McDonaldOwner
- Jaimie Michelle PalmerChief Compliance Officer
- Thomas Anthony YakoDirector
Custody and brokerage
Broker-dealer
Hybrid RIA
McDonald Partners LLC is a hybrid RIA: 24 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: McDonald Partners LLC.
- McDonald Partners LLC ↗CRD 135414
Its Form ADV brochure (filed March 2026) names McDonald Partners as the broker-dealer its advisers are registered with.
The financial advisors in all of these groups are investment adviser representatives and registered representatives of McDonald Partners.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 293 | $492M | 38% |
| Individuals | 838 | $485M | 38% |
| Corporations or other businesses | 13 | $203M | 16% |
| Charitable organizations | 13 | $63M | 5% |
| Pooled investment vehicles | 4 | $20M | 2% |
| Pension and profit sharing plans | 9 | $17M | 1% |
Private funds
McDonald Partners LLC reports 4 private funds with $20M in gross assets: private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
McDonald Partners LLC answers yes to 9 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). 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
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗mcdonald-partners.com ↗
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The full record on McDonald Partners 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 114 peers of its type and size
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- Owners and executives, with titles and stakes
- 10 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 McDonald Partners LLC manage?
McDonald Partners LLC reports $1.3 billion in regulatory assets under management across 1,765 accounts, 62% of it on a discretionary basis, on its Form ADV filed September 28, 2026.
What kind of firm is McDonald Partners LLC?
McDonald Partners LLC is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are McDonald Partners LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($492 million, 293 clients); individuals ($485 million, 838 clients); corporations or other businesses ($203 million, 13 clients).
Does McDonald Partners LLC manage private funds?
Yes. It reports 4 private funds with $20 million in gross assets, including private equity funds.
Does McDonald Partners LLC have any disciplinary history?
McDonald Partners LLC answers yes to 9 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is McDonald Partners 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 (2026-09-28), 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 →