Magnolia Wealth offers portfolio management services tailored to each client's goals, risk tolerance, and time horizon. Services include investment strategy, asset allocation, and regular portfolio monitoring. Magnolia Wealth also provides financial planning, including investment planning, tax concerns, insurance needs, retirement planning, college planning, and debt/credit planning. Financial planning is complimentary when clients engage Magnolia Wealth for both financial planning and portfolio management services. Magnolia Wealth refers out Estate Planning Services to Third Parties such as local Attorneys in Texas & Wealth.com.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.70% |
| $3M+ | 0.60% |
The new tiered fee schedule is for new clients only. Existing clients will continue to be subject to the previous fee schedule: $0 - $100,000: 1.50%; $100,001 - $500,000: 1.25%; $500,001 - $1,000,000: 1.00%; $1,000,001 - $2,000,000: 0.80%; $2,000,001 - $3,000,000: 0.70%; $3,000,001 - $5,000,000: 0.65%; $5,000,001 and up: 0.50%. Fees are generally negotiable.