Magnolia Wealth Management LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
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
Expertise
Fee options
$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
$200 per hour for financial planning and consulting services if not paying for portfolio management
Account minimum: $250,000
Main office
1535 Honeysuckle Road
Dothan AL 36305
Advisors at this office
2
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
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
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.
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.
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