Carol Powell is a PFS-designated registered investment advisor at Magnolia Capital Management, based in Cold Spring, NY, with 4 years of industry experience. Carol operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Estate Planning, High Net Worth, and 2 more. Their firm serves 62 clients with $220M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Magnolia Capital Management's annual fees for investment management are based on the size and composition of your account, ranging from 0.5% to 1.5% per year, charged quarterly. The minimum annual account fee is $500. Fees vary based on whether the account is fully discretionary and simple, or non-discretionary and/or complex. Accommodation accounts for family descendants under 21 have a flat rate of $100 per quarter.
Location
55 Chestnut Street, Suite 5, Cold Spring, NY, 10516
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Carol is the sole owner of a tax and accounting firm since 1979, dedicating nearly full-time hours to it. She also serves as Treasurer and Board of Directors Member for Magnolia Capital Management, Ltd., an investment advisory firm, spending about 10-20% of her time on this.
Employment History
Current Registrations
Magnolia Capital Management
Harper Capital Management, LTD.
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.