Mcallister Capital Management Corporation (Jackson)

Mcallister Capital Management Corporation is a large advisory firm based in Jackson. It manages $121.14 million of regulatory assets for 108 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Kansas, and Mississippi.

Mcallister Capital Management Corporation provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcallister Capital Management Corporation: assets under management

The assets under management (AUM) of Mcallister Capital Management Corporation is $121.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $121.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mcallister Capital Management Corporation for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lyle Lester Mcallister serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lyle Lester Mcallister is high net worth individuals with 44 clients and $96.82 million of assets under management. Among the 13 most similar advisory firms, Mcallister Capital Management Corporation has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $121.14 million for 108 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Mcallister Capital Management Corporation doesn't advise any private funds.

Careers at Mcallister Capital Management Corporation

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lyle Lester Mcallister	Chief compliance officer/president	1 Jan 1995	75% - 100%	1197612

Based in Jackson

The principal office where Mcallister Capital Management Corporation performs its advisory services is located at 1907 Dunbarton Drive, Jackson, MS 39216, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 601-362-1000 or by fax 601-362-1052. The normal business hours are 8am to 5pm on Monday - Friday.