Magnolia Wealth Management LLC logo

Magnolia Wealth Management LLC

Updated today

Client assets under management

$183,287,342

Clients

385

26% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

193

Very High

Average account size

$476,071

About

Magnolia Wealth Management is a small SEC-registered advisory firm serving individual and high‑net‑worth clients with discretionary asset management and financial planning, emphasizing business and retirement planning. The firm’s services include tailored portfolio management, annuity and brokered‑CD solutions, and referrals to third‑party money managers when a client’s needs warrant them.

The firm applies fundamental analysis alongside Modern Portfolio Theory to construct asset allocations and conducts active monitoring and periodic rebalancing to align portfolios with clients’ stated objectives and risk tolerance. Magnolia typically custodizes client assets at Charles Schwab and conducts at least annual reviews while remaining available for client questions between formal reviews.

Noteworthy features include a two‑advisor team managing roughly $183 million across about 385 client accounts, a relatively high client‑to‑advisor ratio for a firm this size, and disclosed insurance activity in which an adviser is a licensed insurance agent who devotes a meaningful portion of time to insurance product sales. The firm explicitly discloses potential conflicts tied to insurance commissions and to soft‑dollar and third‑party relationships and describes procedures in its ADV for managing those conflicts.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Annuities

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Percentage

$0 - $250,000: 1.40% annually $250,000.01 - $500,000: 1.30% annually $500,000.01 - $1,000,000: 1.25% annually $1,000,000.01 - $2,000,000: 0.95% annually $2,000,000.01 - $5,000,000: 0.75% annually $5,000,000.01+: Negotiable

Project-based

$200 per hour for financial planning and consulting services if not paying for portfolio management

Other

Account minimum: $250,000

Main office location

Magnolia Wealth Management LLC

1535 Honeysuckle Road

Dothan AL 36305, United States

Number of offices

1

Most active in

Alabama · Florida · Georgia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Robert R

Series 65

Dothan, AL

Magnolia Wealth Management LLC

Robert Ryals is a financial advisor at Magnolia Wealth Management LLC, holding a Series 65 designation with four years of industry experience. He previously worked at MidSouth Bank and Troy University. In addition to his advisory role, he provides insurance services through the firm on a limited basis. Magnolia Wealth Management is an SEC-registered investment adviser serving individual and high-net-worth clients with discretionary asset management and fee-based financial planning, focusing on business and retirement planning. The firm employs fundamental analysis and Modern Portfolio Theory to create tailored portfolios and manages approximately $158 million in discretionary assets.

Annuities
user avatar

Edwin C

Series 63, Series 66

Dothan, AL

Magnolia Wealth Management LLC

Edwin Cox is a financial advisor at Magnolia Wealth Management LLC with 21 years of industry experience. He holds Series 63 and Series 66 licenses and has worked at Magnolia Wealth Management since 2018, following prior roles at J. W. Cole Advisors, Inc. and J.W. Cole Financial, Inc. Outside of his advisory work, Cox serves as a board member of the Dothan Rescue Mission and teaches seminars on federal employee benefits at a local military base and postal service. Magnolia Wealth Management is an SEC-registered investment adviser serving individual and high-net-worth clients with discretionary asset management and fee-based financial planning, focusing on business and retirement planning. The firm employs fundamental analysis and Modern Portfolio Theory to create tailored asset allocations, managing accounts primarily on a discretionary basis.

Annuities
Warmer team member

Not sure where to start?

We'll help you think it through — whether you ultimately need an advisor or not.

Warmer helps you compare advisors clearly — so you can choose with confidence.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")