Islay Capital Management, Llc
- Regulatory AUM
- $358M
- Discretionary
- $358M
- Clients
- 183
- Avg AUM / client
- $2.0M
- Accounts
- 402
- Employees
- 2
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jul 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 84 | $24.5M | 6.85% |
| High net worth individuals | 77 | $252M | 70.5% |
| Pooled investment vehicles (non-investment companies) | 2 | $8.4M | 2.34% |
| Charitable organizations | 9 | $42.9M | 12.0% |
| Corporations and other businesses | 11 | $29.9M | 8.36% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Feb 2024 · $4.9M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Islay Multifactor Fund I, Lp | Hedge Fund | Texas | $3.3M | 4 |
| Mcm Ccp/Baypine, Lp | Private Equity Fund | Texas | $1.6M | 12 |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Eric Craig Mcdonald | Managing Member, Chief Investment Officer, Chief Compliance Officer | CFA | Jan 1990 (37y) | 75% or more |
| Jeffrey Michael Mercer | Member | Jan 2005 (22y) | 5% – 10% | |
| Tyler Bee Sturdivant | Registered representative | Sep 2017 (9y) |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $4.9M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Islay Multifactor Fund I, Lp | Hedge Fund | $3.3M | $250K | 4 |
| Mcm Ccp/Baypine, Lp | Private Equity Fund | $1.6M | $100K | 12 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/17/2026 | 1.35 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $307M (86% of AUM) Jul 2026
- National Financial Services (Fidelity) $42.4M (12% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 17, 2026.
View current Form ADV (SEC/IAPD) ↗