MAGNOLIA FINANCIAL PLANNING SERVICES, INC.
Adviser information for MAGNOLIA FINANCIAL PLANNING SERVICES, INC. last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | South Carolina, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 257 | $174.2M |
| Non-Discretionary | 0 | $0 |
| Total | 257 | $174.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 177 | $39.6M |
| HNW Individuals | 79 | $125.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $8.8M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-114454 |
|---|---|
| SEC ERA File Number | 801-114454 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 135759 |
| Legal Entity Identifier | None |
Principal Office
414 OLD CLEMSON HIGHWAYSENECA
SC
United States
Monday - Friday, 9-5
Tel: 864-886-9766, Fax: 864-886-9767
Chief Compliance Officer
ROBBY T. BRYANT
414 OLD CLEMSON HIGHWAY
SENECA
SC
United States
Tel:
864-886-9766
Fax:
864-886-9767
M***********@************T
(Full email address available in API data)
Regulatory Contact
ROBBY T. BRYANT
PRESIDENT
414 OLD CLEMSON HIGHWAY
SENECA
SC
United States
Tel:
864-886-9766
Fax:
864-886-9767
M***********@************T
(Full email address available in API data)
Industry Affiliates
| PAYNE, WHITE & SCHMUTZ, CPA PA | Accountant or accounting firm |
| VERIDOS CAPITAL LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| VERIDOS INCOME STABILITY FUND LP | Hedge Fund | $8.8M | $0.1M | 3 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BRYANT, ROBBY, THOMAS | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER | 11/1998 | 50-75% |
| WHITE, JASON, SIDNEY | Individual | – | VICE-PRESIDENT | 02/2016 | 50-75% |