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Here are some commonly-asked questions:
Yes. As true fiduciaries, we are legally and ethically bound to put your interests first. We seek to avoid conflicts of interest wherever possible and always act in your best interests.
We are a fee-only advisory firm. Our compensation is based on the assets we manage for you and may include service-specific or planning engagement fees. We accept no product commissions of any kind—ensuring our economic interests are fully aligned with your long-term financial well-being.
No. We serve clients across the United States, as well as expatriates, frequent travelers, and foreign nationals.
Our clients are diverse in their interests, occupations, and financial circumstances. We value working with individuals and families who recognize our approach and with whom we share a strong rapport—regardless of asset level. That said, many of our clients are professionals, executives, and business owners with net worths ranging from $2M to $50M, depending on their stage in life.
Magnolia Private Wealth, LLC is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The SEC protects investors by ensuring disclosure, overseeing regulation and enforcement, and providing investor education.
Financial markets are a complex dynamical system. The risks and opportunities our investors face evolve with technology and competition for capital among individual businesses, fund sponsors, intermediaries, and others and--critically--economic and financial cycles. In other words, things change. Against a background of constant change, we seek to provide clients the most relevant solution to their needs–both actuarial and in their broader capacity as human beings. In terms of portfolio construction, this includes (naturally) operating within each client’s individual parameters for risk, complexity, and liquidity–considering both statistical measures and the various hidden risks that a careful study of history and a deep respect for operational due diligence would imply. This leads us to some distinctive views on diversification, how to marry public and private assets, and other specific elements of investment philosophy you will see in our writing and in our conversations. We’ll mention one here: the Herculean efforts of many managers and advisors to deliver “alpha” (or outperformance) are time poorly spent relative to clear opportunities to enhance returns through lower fees, expenses, taxes, and other operational efficiencies.
No. We directly manage and allocate client portfolios. While we partner with fund managers, we conduct extensive due diligence on their strategies and organizations. It is both our responsibility and privilege to travel, meet with managers and research directors, and engage with peers to identify distinctive opportunities for our clients.
In addition to traditional stocks and bonds, we invest in a broad range of public and private assets, including equity, credit, real estate, and infrastructure. We also employ select alternative strategies—such as managed futures, global macro, and other specialty asset classes—when they enhance diversification or deliver superior return potential.
In the same types of investments we recommend to our clients.
Through a collaborative process. After a series of conversations, we’ll design a strategy that reflects your liquidity needs, risk tolerance, and personal preferences. The best investment strategy is one you believe in and can remain committed to for the long run.
Always. The only returns that matter are those you keep, net of fees, expenses, and taxes.
Your purpose is our true benchmark. Each individual strategy within your portfolio is evaluated against investable indices and alternatives to ensure it adds value—whether by improving return potential, reducing risk, or both.
You’ll be served by our entire team. While one advisor may serve as your primary point of contact, we collaborate seamlessly so that the professional best equipped to address a specific matter will work with you directly.
Collectively, the principals possess a wide range of industry-specific and other professional and educational accreditations and achievements. Our recognition within the wealth management industry comes in the form of invitations from professional associations, serving on panel discussions, and responding to media inquiries. Please see our team biographies and citations in financial media.
Most client assets are held with Charles Schwab & Company or Fidelity Investments. We also support other custodial arrangements as needed to meet specific client requirements.
Yes.
Yes. While Magnolia Private Wealth does not provide tax or legal advice, we will guide you through simple and/or complex transactions working closely with your tax and legal counsel.
Yes. We advise clients on philanthropic strategies, manage foundation assets, and often serve in governance roles. Whether through foundations, donor-advised funds, or other vehicles, we help align your giving with your legacy goals.
Yes. We help families optimize education savings, financing, and tuition planning
- Am I protected?
- How much should I be saving?
- How much will I have?
- When can I retire?
- Which assets should be held in which accounts?
- What is the best way to pay for my children's education?
- How can I optimize my tax situation?
- How should I transfer assets to my heirs?
- Where should I withdraw assets from and in what order?
Yes. This is what we do.