MAGNOLIA PRIVATE WEALTH, LLC
Adviser information for MAGNOLIA PRIVATE WEALTH, LLC last updated from Form ADV on March 27th, 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 | Wyoming, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| 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 | 371 | $110.1M |
| Non-Discretionary | 4 | $617,597 |
| Total | 375 | $110.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 43 | $13.5M |
| HNW Individuals | 51 | $94.6M |
| 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 | <5 | $2.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-128251 |
|---|---|
| SEC ERA File Number | 801-128251 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 324102 |
| Legal Entity Identifier | None |
Principal Office
1845 WALNUT STREETSUITE 1601
PHILADELPHIA
PA
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 5714771375, Fax: None
Chief Compliance Officer
LARRY G. PEERY, II
1845 WALNUT STREET
SUITE 1601
PHILADELPHIA
PA
United States
Tel:
8655913316
L*****@*************M
(Full email address available in API data)
Industry Affiliates
| YANKEE ADVISOR NETWORK | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Peery, Larry, Gene | Individual | – | MANAGING MEMBER & CHIEF COMPLIANCE OFFICER | 11/2022 | < 5% |
| SCHWARTZ, NOAH, DARROW | Individual | – | MANAGING MEMBER | 11/2022 | < 5% |
| MPW LGP, LLC | Domestic Entity | – | DIRECT OWNER | 11/2022 | 50-75% |
| MPW NDS, LLC | Domestic Entity | – | DIRECT OWNER | 11/2022 | 50-75% |
| Peery, Larry, Gene | Individual | MPW LGP, LLC | OWNER | 11/2022 | 50-75% |
| SCHWARTZ, NOAH, DARROW | Individual | MPW NDS, LLC | OWNER | 11/2022 | 50-75% |