MAGNOLIA WEALTH MANAGEMENT LLC
Adviser information for MAGNOLIA WEALTH MANAGEMENT LLC last updated from Form ADV on January 16th, 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Alabama, United States |
Employees
| Total Number of Employees | 2 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 773 | $145.2M |
| Non-Discretionary | 0 | $0 |
| Total | 773 | $145.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 235 | $65.9M |
| HNW Individuals | 59 | $79.4M |
| 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 | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly charges |
Principal Office
1535 HONEYSUCKLE ROADDOTHAN
AL
United States
BY APPOINTMENT ONLY, BY APPOINTMENT ONLY
Tel: (334) 699-4036, Fax: 334-699-4048
Chief Compliance Officer
EDWIN COX
1535 HONEYSUCKLE ROAD
DOTHAN
AL
United States
Tel:
(334) 699-4036
E*@*************M
(Full email address available in API data)
Regulatory Contact
CATHY VASILEV
1101 ARROW POINT DR #301
CEDAR PARK
TX
United States
Tel:
812 796 3299
C*******@*******************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 |
|---|---|---|---|---|---|
| COX, EDWIN, ALAN | Individual | – | ORGANIZER AND CHIEF COMPLIANCE OFFICER | 05/2018 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 17th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| EA SERIES TRUST | ALPHA ARCH 1-3 | 226K | 2K | – |
| AMAZON COM INC | COM | 285K | 1K | – |
| APPLE INC | COM | 482K | 2K | – |
| ISHARES TR | CORE S&P SCP ETF | 8M | 73K | – |
| ISHARES TR | CORE MSCI TOTAL | 14M | 204K | – |
| MICROSOFT CORP | COM | 2M | 3K | – |
| SOUTHERN CO | COM | 235K | 3K | – |
| UNITEDHEALTH GROUP INC | COM | 280K | 550 | – |
| VANGUARD MALVERN FDS | CORE BD ETF | 42M | 546K | – |
| VANGUARD WORLD FD | INF TECH ETF | 10M | 18K | – |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 8M | 99K | – |
| VANGUARD INDEX FDS | TOTAL STK MKT | 48M | 179K | – |