Three Magnolias Financial Advisors

Three Magnolias Financial Advisors, LLC, based in Winston-Salem, North Carolina, was established in 2009, succeeding Hunt Collins & Associates founded in 2001. The firm specializes in financial planning, portfolio management, and consulting services. Clients undergo a comprehensive initial consultation to establish financial goals and risk tolerance levels. Financial planning services cover areas such as estate planning, retirement planning, and investment portfolio design. Portfolio management involves developing an Investment Plan tailored to each client, with investments primarily in mutual funds, ETFs, annuities, REITs, and stocks/bonds. Clients can grant discretionary or non-discretionary authority for managing their portfolios. Fees are charged based on a percentage of assets under management, with a minimum portfolio value of $100,000 and minimum annual fees of $1,000. Three Magnolias does not have performance-based fees or side-by-side management. The firm serves various clients, including individuals, pension plans, corporations, trusts, and charitable organizations. Investment strategies include long-term and short-term purchases, with a focus on risk management. The firm does not vote on client securities proxies and does not require prepayment exceeding $1,200 per client. Clients receive regular account reviews and statements from the custodian, primarily Schwab.