{
  "crd_number": 297598,
  "slug": "magnolia-wealth-management-llc-dothan-al-297598",
  "primary_business_name": "MAGNOLIA WEALTH MANAGEMENT LLC",
  "legal_name": "MAGNOLIA WEALTH MANAGEMENT LLC",
  "dbas": [],
  "city": "Dothan",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "20020",
  "metro": {
    "cbsa_code": "20020",
    "common_name": "Dothan",
    "msa_name": "Dothan, AL",
    "path": "/advisors/al/dothan"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-11-08",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-18",
  "carried_forward": false,
  "raum_total": 183287342.0,
  "raum_discretionary": 183287342.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 66786914.0,
      "count": 285
    },
    "high_net_worth_individuals": {
      "raum": 116500428.0,
      "count": 100
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA"
  ],
  "websites": [
    "https://facebook.com/Magnolia-Wealth-Management-102251895571329",
    "https://instagram.com/magnolia_wealth1535",
    "https://magnoliawm.com",
    "https://youtube.com/@magnolia_on_money"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297598",
  "city_as_filed": "DOTHAN",
  "url": "https://advisorcensus.com/firm/magnolia-wealth-management-llc-dothan-al-297598",
  "display_name": "Magnolia Wealth Management LLC",
  "summary": "Magnolia Wealth Management LLC is an SEC-registered investment advisory firm in Dothan, AL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.",
  "citation": "AdvisorCensus. Magnolia Wealth Management LLC (CRD 297598): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Magnolia Wealth Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Magnolia Wealth Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Magnolia Wealth Management LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 18, 2026 states: Hourly rate: $200 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Magnolia Wealth Management LLC located?",
      "a": "Magnolia Wealth Management LLC's principal office is in Dothan, AL, according to its Form ADV."
    },
    {
      "q": "Is Magnolia Wealth Management LLC registered with the SEC or a state?",
      "a": "Magnolia Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 297598."
    },
    {
      "q": "How much does Magnolia Wealth Management LLC manage?",
      "a": "Magnolia Wealth Management LLC reports $183,287,342 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have Magnolia Wealth Management LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Magnolia Wealth Management LLC: Regulatory assets under management: $118,414,724 in the October 2022 data and $183,287,342 in the October 2026 data, up 55%. Total employees: 4 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Magnolia Wealth Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (285); high net worth individuals (100)."
    },
    {
      "q": "Which custodians does Magnolia Wealth Management LLC use?",
      "a": "Magnolia Wealth Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Magnolia Wealth Management LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/297598"
    },
    {
      "q": "What changed in Magnolia Wealth Management LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $158,094,861 to $183,287,342 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 118414724.0,
      "total_employees": 4,
      "filing_date": "2022-02-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 116664577.0,
      "total_employees": 5,
      "filing_date": "2023-01-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 145225463.0,
      "total_employees": 2,
      "filing_date": "2024-01-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 158094861.0,
      "total_employees": 2,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 183287342.0,
      "total_employees": 2,
      "filing_date": "2026-02-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $158,094,861 to $183,287,342 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 18, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $200 an hour (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $200 an hour (financial planning and consulting services)"
        ],
        "quotes": [
          "We will charge a fee of $200.00 per hour for our financial planning and consulting services for clients who are not paying for portfolio management services, which may be negotiable based on certain circumstances."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 200.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "We will charge a fee of $200.00 per hour for our financial planning and consulting services for clients who are not paying for portfolio management services, which may be negotiable based on certain circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/magnolia-wealth-management-llc-dothan-al-297598.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 285,
      "fewer_than_5": false,
      "raum": 66786914.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 100,
      "fewer_than_5": false,
      "raum": 116500428.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297598",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}