Edwin Cox
Edwin Cox is a registered investment advisor at Magnolia Wealth Management LLC, based in Dothan, AL, with 21 years of industry experience. Edwin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 385 clients with $180M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.40% |
| $250K - $500K | 1.30% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 0.95% |
| $2.0M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees are negotiable for accounts over $5,000,000. Management of brokered CDs shall only be charged a negotiated management fee up to a maximum of 1.00%. For accounts utilizing annuity products, accounts will be charged a 1% annual advisory fee, not to exceed 1.5%.
Fee Estimator
Location
1535 Honeysuckle Road, Dothan, AL, 36305
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 ActivitiesSells Insurance
Edwin sells fixed insurance through various carriers, dedicating nearly full-time hours to this activity. He also teaches civil service employees about their benefits and is a board member of Dothan Rescue Mission, and owns E&L Enterprises LLC for real estate investing/land development.
Employment History
Current Registrations
Magnolia Wealth Management LLC
Previous Registrations
J.W. Cole Financial, INC.Broker
J. W. Cole Advisors, INC.
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
New England SecuritiesBroker
Park Avenue Securities LLCBroker
State Registrations3 states
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.