McMahan Capital Management

McMahan Capital Management provides discretionary portfolio management and related investment advisory services to individuals, trusts, estates, corporations, pension/profit‑sharing plans and non‑profit organizations. The firm manages roughly $136 million across 43 client relationships and states it does not impose a formal account minimum.

The firm’s investment process emphasizes quality securities, diversification, position‑size limits and gradual position building, using fundamental, technical and cyclical analysis to guide buy and sell points and to limit turnover and costs. Strategies include long‑ and short‑term holdings, covered option writing, and the use of investment company securities as well as occasional interests in partnerships (including real estate and oil and gas) tailored to client objectives, with quarterly monitoring and written reporting.

Noteworthy aspects include a small advisory team with relatively high assets per client and in‑house CFP‑credentialed advisors, a policy not to accept custody of client assets, and an explicit practice of not voting client proxies (clients retain proxy authority). The firm also discloses practices that may create conflicts of interest — it recommends Schwab Institutional for custody and receives related institutional services, allows employee trading in securities recommended to clients, and notes that employees or their families may be managed at reduced or waived fees.