Three Magnolias Financial Advisors offers financial planning and investment management services. They work with clients to understand their financial situation, goals, and risk tolerance to create a financial outline and investment plan. They manage investment portfolios, primarily using mutual funds, ETFs, annuities, REITs, common stock, and bonds. Clients can choose to grant Three Magnolias the authority to make trades without asking first, or they can be contacted before each trade.
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.