MAGNOLIA LANE FINANCIAL ADVISORS, LLC
Adviser information for MAGNOLIA LANE FINANCIAL ADVISORS, LLC last updated from Form ADV on January 12th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Connecticut, United States |
Employees
| Total Number of Employees | 1 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 74 | $120.6M |
| Non-Discretionary | 0 | $0 |
| Total | 74 | $120.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | <5 | $1.1M |
| HNW Individuals | 31 | $119.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| 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 | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting services |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-118318 |
|---|---|
| SEC ERA File Number | 801-118318 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 175098 |
| Legal Entity Identifier | None |
Principal Office
44 RAINBOW DRIVERIVERSIDE
CT
United States
Monday - Friday, BY APPOINTMENT ONLY
Tel: 443-812-0547, Fax: None
Chief Compliance Officer
ERIC GERSTER
MANAGING MEMBER
44 RAINBOW DRIVE
RIVERSIDE
CT
United States
Tel:
(443) 812-0547
E****@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GERSTER, ERIC, MATTHEW | Individual | – | MANAGING MEMBER & CHIEF COMPLIANCE OFFICER | 04/2015 | > 75% |
| Nunna, Padmini | Individual | – | CHIEF ADMINISTRATIVE OFFICER | 02/2016 | 5-10% |