The MoLPus Woodlands Group, LLC (Jackson)


The MoLPus Woodlands Group, LLC is a large advisory firm based in Jackson. It manages $1.1 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama and Mississippi.

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The MoLPus Woodlands Group provides timber management services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The MoLPus Woodlands Group: assets under management

The assets under management (AUM) of The MoLPus Woodlands Group, LLC is $1.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 206% since the beginning of its operation, and $364.36 million of the total AUM is attributable to clients outside of the United States.


The firm manages $1.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $183.58 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The MoLPus Woodlands Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard Henderson Molpus serves?

The only and largest group of clients of Richard Henderson Molpus is pooled investment vehicles with 6 clients and $1.1 billion of assets under management. Among the 7 most similar advisory firms, The MoLPus Woodlands Group has the 2nd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $1.1 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.

The MoLPus Woodlands Group also advises several private funds. Namely, six other private funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.

Careers at The MoLPus Woodlands Group, LLC

The company employs 111 people that are either part- or full-time employees. 14 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

The MoLPus Woodlands Group, LLC is owned by Melanie Ann Myers. Richard Henderson Molpus has been acting as President since 1 Jul 2004. Reanna Jane Moran Lee joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Richard Henderson Molpus Owner/president 1 Jul 2004 50% - 75% 1510275
Robert Lewis Lyle Chief executive officer 1 Jul 2004 Other 1334794
Terrell Elton Winstead Chief financial officer 1 Jul 2004 Other 4832786
David Brent Lang Deputy chief financial officer 1 Jul 2004 Other 4832792
Michael Robert Cooper Chief compliance officer 1 Jul 2004 Other 4832800
Melanie Ann Myers Owner 1 Jul 2004 25% - 50% 1510277
Nancy Jane Pace Owner 1 Jul 2004 25% - 50% 1510276
Dorothy Jean Howorth Owner 1 Jul 2004 25% - 50% 1510278
Charles Robert Manogue Chief operating officer 1 Jul 2004 Other 4832789
Matthew Faulk Harkey Deputy chief financial officer 1 Jul 2004 Other 4832790
Robert Cecil Toombs Director of acquisitions 1 Jul 2004 Other 4832796
Thomas Otis Risher Chief executive officer 1 Jul 2004 Other 4832787
Charles Robert Manogue Vice president of acquisitions 1 Mar 2007 Other 4832789
Ken Sewell Chief operating officer 1 Mar 2007 Other 6316463
Edgar Calvin Marshall Vice president-business development 1 Nov 2008 Other 5679247
Llc Molpus Legacy Owner 1 Mar 2015 25% - 50% 47-3165382
Ashley Steven Harris Vice president - timberland investments 1 May 2018 Other 7085560
Reanna Jane Moran Lee Chief compliance officer 1 May 2019 Other 6117605

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert Lewis Lyle Member 1 Feb 2015 25% - 50% 1334794
Terrell Elton Winstead Member 1 Feb 2015 25% - 50% 4832786
Edgar Calvin Marshall Elected member 1 Jan 2016 Other 5679247
Robert Lewis Lyle Member 1 Mar 2019 Other 1334794
Terrell Elton Winstead Member 1 Mar 2019 Other 4832786

Based in Jackson

The principal office where The MoLPus Woodlands Group, LLC performs its advisory services is located at 654 North State Street, Jackson, MS 39202, which is also the mailing address of the firm. An additional office of the firm is in Hattiesburg, MS. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 601-948-8733 or by fax 601-352-7463. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at molpus.com.