Firm
Magnolia Wealth Management
Dothan, Alabama
Fee-only
Magnolia Wealth Management at a glance
- One of 65 fee-only firms based in Alabama in the Wellspent graph.
- 2 advisors are listed here.
- Its Form ADV reports 2 employees and 385 individual clients, 100 of them high net worth.
- Its average account is about $199,000 (assets it manages divided by its 920 accounts).
Fee-only advisors in Alabama · What fee-only advisors charge in Alabama
Facts
| Based in | Dothan, Alabama |
|---|---|
| Website | magnoliawm.com |
| Phone | (334) 699-4036 |
Magnolia Wealth Management fees
Magnolia Wealth Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly |
|---|---|
| Assets managed | $183 million |
| Individual clients | 285 |
| High-net-worth clients | 100 |
| Accounts managed | 920 |
| Employees | 2 |
| Planning clients | 0 |
| Registered with | The SEC (801-122653) |
| Financial planning | Offered |
| Form ADV filed | February 18, 2026 |
| SEC record | CRD 297598 |