The Magnolia Group, LLC is a large advisory firm based in Omaha. It manages $726.55 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Nebraska.
The Magnolia Group provides portfolio management for pooled investment vehicles. 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 assets under management (AUM) of The Magnolia Group, LLC is $726.55 million. The firm's AUM has grown by 384% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Magnolia Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of The Magnolia Group is pooled investment vehicles with 3 clients and $566.19 million of assets under management. Among the 10 most similar advisory firms, The Magnolia Group has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $566.19 million for 3 clients. None of the firm’s clients are foreign persons or businesses.
The Magnolia Group also advises several private funds. Namely, two hedge funds and one real estate fund. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.
The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone 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 principal office where The Magnolia Group, LLC performs its advisory services is located at 1411 Harney Street, Omaha, NE 68102, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 402-509-8456. The normal business hours are 8:00 to 5:30 on Monday - Friday.