Hugh Arant is a ChFC-designated registered investment advisor at Mag Cap, based in Greenwood, MS, with 19 years of industry experience. Hugh operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 1,566 clients with $1.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MAG CAP charges a percentage of your portfolio for investment management services. The specific percentage will be outlined in your client agreement, but the annual fee will not exceed 2%. Fees are charged quarterly in advance based on the value of your account. MAG CAP may negotiate different fee structures depending on the size and type of account, the level of service required, and other factors. There is typically no minimum account size or minimum annual fee.
Location
107 E Market St, Greenwood, MS, 38930
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Hugh is a Vice President of the Greenwood Chamber of Commerce and the Treasurer for The Salvation Army, dedicating a few hours per week to each organization. He also owns HMA III Investments, LLC, established to protect his personal assets while doing business as Raymond James Financial Services, requiring minimal time.
Employment History
Current Registrations
Mag Cap
Previous Registrations
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Raymond James & Associates, INC.Broker
Raymond James & Associates, INC.
Morgan Keegan & Company, INC.
Morgan Keegan & Company, INC.Broker
Amsouth Investment Services, INC.Broker
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.