# Magnolia Wealth Management LLC

> 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.

- CRD: 297598
- Filed as: MAGNOLIA WEALTH MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dothan, AL
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297598
- AdvisorCensus page: https://advisorcensus.com/firm/magnolia-wealth-management-llc-dothan-al-297598

## Quick answers

**How is Magnolia Wealth Management LLC compensated?**
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.

**How much does Magnolia Wealth Management LLC charge?**
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.

**Where is Magnolia Wealth Management LLC located?**
Magnolia Wealth Management LLC's principal office is in Dothan, AL, according to its Form ADV.

**Is Magnolia Wealth Management LLC registered with the SEC or a state?**
Magnolia Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 297598.

**How much does Magnolia Wealth Management LLC manage?**
Magnolia Wealth Management LLC reports $183,287,342 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (100% discretionary).

**How have Magnolia Wealth Management LLC's assets and staff changed since 2022?**
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.

**What types of clients does Magnolia Wealth Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (285); high net worth individuals (100).

**Which custodians does Magnolia Wealth Management LLC use?**
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.

**Does Magnolia Wealth Management LLC report any disciplinary disclosures?**
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

**What changed in Magnolia Wealth Management LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $158,094,861 to $183,287,342 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated February 18, 2026)

- Hourly rate: $200 an hour (financial planning and consulting services)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $183,287,342
- Discretionary: $183,287,342
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 285 | $66,786,914 |
| High net worth individuals | 100 | $116,500,428 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (4 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, FL, GA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- magnoliawm.com
- Facebook @Magnolia-Wealth-Management-102251895571329
- Instagram @magnolia_wealth1535
- YouTube @magnolia_on_money

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $118,414,724 | 4 | February 28, 2022 |
| October 2023 | $116,664,577 | 5 | January 31, 2023 |
| October 2024 | $145,225,463 | 2 | January 16, 2024 |
| October 2025 | $158,094,861 | 2 | February 3, 2025 |
| October 2026 | $183,287,342 | 2 | February 18, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $158,094,861 to $183,287,342 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Magnolia Wealth Management LLC (CRD 297598): Form ADV filing data as of October 2026.