Frequently Asked Questions
Q: What makes Magnolia Wealth different from other advisors?
We’re fiduciaries, meaning we are legally and ethically bound to prioritize your best interests. We provide a one-stop solution for all your financial needs, including investment management, retirement planning, and more. You can expect transparent guidance, no hidden agendas, and a truly customized strategy—never cookie-cutter solutions.
Q: Who is Magnolia Wealth’s ideal client?
We specialize in working with individuals aged 50 and older who have $500,000 or more in investable retirement assets—clients who value fiduciary, tax-smart guidance as they plan for a confident and secure retirement.
Q: What services does Magnolia Wealth provide?
Our core offerings include:
- Retirement Planning & Income Strategy
- Investment Management (focused on cost-efficiency, tax impact, and long-term balance)
- Tax Planning
- Estate Planning
- Social Security Timing
- Insurance Optimization
- A holistic, integrated financial plan tailored to your goals
- 401(k) Rollovers
Q: Can Magnolia Wealth help with the rollover process?
Yes! We guide you step-by-step, handle the paperwork, and help design an investment strategy that fits your retirement goals. This could be necasarry in times that include changing jobs, retiring, or when you want more control over your investments. It's best to consult with a financial advisor to review your options.
Do you serve families nationwide?
Yes, we do! By offering virtual meetings as an option, we can help families anywhere.
Q: How are your fees structured?
Magnolia Wealth Advisors charges annual portfolio management fees based on the total assets in your account, with no account minimum. Fees are not based on capital gains and are billed in arrears using the average daily account balance. Rates range from 1.50% for accounts under $100,000 to 0.50% for accounts over $5 million.
Q: Where do you hold my investments?
For your safety and convenience, Magnolia Wealth uses Charles Schwab as a third-party custodian for our client investment and retirement accounts. As of August 2025, Charles Schwab oversees more than $11.2 trillion in client assets and serves millions of investors nationwide. As a trusted custodian, Schwab securely holds your investment accounts and provides annual reporting to you and the IRS. Your accounts can be viewed anytime at www.schwab.com or through the Magnolia Wealth Client Portal.