Austin Childress is a registered investment advisor at Three Magnolias Financial Advisors, based in Winston Salem, NC. Austin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 609 clients with $410M 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 $2.5M | 1.50% |
| $2.5M - $5.0M | 1.25% |
| $5M+ | 1.00% |
The advisory fees above are for accounts held at Schwab. For accounts that are managed by a Sub-Advisor, the fees are: First $2,500,000: 2.00% per year, Next $2,500,000: 1.75% per year, Balance above $5,000,000: 1.50%. The fees paid to Three Magnolias in these accounts are negotiable.
Fee Estimator
Location
110 Oakwood Drive, Suite 480, Winston Salem, NC, 27103
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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 →Employment History
Current Registrations
Three Magnolias Financial Advisors
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.