Important Firm Information
ABOUT MAGNOLIA CAPITAL MANAGEMENT
Magnolia Capital Management was built from years of running family offices. We understand the challenges and solutions to clients of all levels of wealth and complexity.
Magnolia Capital services are designed to overcome traditional limitations imposed by firms seeking to distribute and sell their own products and services. Magnolia combines true alternatives like private equity, private credit, hedge funds and directed real estate alongside traditional SMA strategies. Client investments of all types can be reported comprehensively on the Magnolia Capital Platform.
HOW DO YOU WORK WITH ME?
Clients engage Magnolia Capital Management directly or through their Advisory firm or Broker-Dealer that has signed an agreement with Magnolia Capital Management to allow us to provide certain services to you. You will receive our FORM ADV and sign an engagement agreement. Your Advisor will document your unique situation, and often develop a written plan or investment policy statement.
HOW DO WE CHARGE?
We offer clients with several ways to engage and pay for our services. Most commonly clients will pay for investment management services based on a percentage of the assets we manage. However, some of our services do not involve managing money and those can be paid hourly, or on a project basis. We will develop a scope of work, and communicate all fees on an engagement agreement you have the right to rescind the engagement via written notice within 5 days of signing the engagement agreement.
WHERE CAN I LEARN MORE?
Please review our FORM ADV Brochure to learn more about our services.
Please remember that past performance is not indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly on this website, would be suitable for your portfolio.
Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained on this website serves as the receipt of, or as a substitute for, personalized investment advice from your Advisor or Magnolia Capital Management, LLC.
To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing.
Andrew F. Thomas
Founder & CEO
Andrew Thomas has over twenty five years of experience in the financial services industry. He is a Founder and the Chief Investment Officer of Magnolia Capital Management, a multi-family office and wealth management firm located in Baton Rouge, Louisiana.
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Before Magnolia, Thomas was the CIO of Old Growth Capital, a financial services firm for over ten years, responsible for the planning and execution of investment strategies for high-net-worth individuals and families.
Prior to these roles, Thomas worked nine years for Credit Suisse and FBR Capital Markets in the Equity Research departments and later as Vice President/Sector Strategist for the Tech, Media and Telecom group. He also worked for Enron Capital & Trade Resources for three years, spending time in the Special Projects, Coal Trading and Oil Trading groups.
Thomas graduated from Stanford University with a BA in Urban Planning and holds a Series 63, 65, 86 and 87.
Jonathan K. Greer
COO
Jonathan K. Greer has a twenty-five-year career in the financial services industry. Greer is currently the COO of Magnolia Capital Management and runs The Thomas H. Turner Family Office.
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Prior to his current role, Greer was a Founding Member and Partner of Old Growth Capital, a Total Wealth Management Firm with offices throughout the United States and prior to Old Growth Capital, Greer was a Sr. Managing Director for approximately 10 years with The Private Consulting Group, a boutique Wealth Optimization Firm.
Mr. Greer received his undergraduate degree from Louisiana State University in Finance and has held the Series 6, Series 63, Series 7 and Series 24 licenses.
Greer’s past and present community involvement includes Deans Advisory Council, E.J. Ourso College of Business Administration at LSU; Professional Advisors Council, Baton Rouge Area Foundation; Co-Chair, Cancer Services Annual Campaign; Past President, Forum 35; Board of Directors, Boy Scouts Istrouma Area Council; and Rotary Club of Baton Rouge to name a few. He is a past recipient of Baton Rouge Business Report’s 40 under 40 and a graduate of Leadership Greater Baton Rouge.
He is married to Rene’ P. Greer, and has four children, Cassie, Cody, Jakob and Rhett.
Cory Perrson
CIO
Cory oversees all things investment related. Relationships with investment managers, trading, and portfolio construction. He and his team assist in reviewing client portfolios and discussing investment ideas and positioning.
Vanessa Turner
Director of Marketing
Vanessa oversees all marketing communications and creative development both internally and externally.
Matt Merrill
Director of Operations
Matt assists on all things operations related with a focus on client-related operations.
Tim Figueroa
Wealth Advisor
Tim assists with alternative investments, portfolio positioning, investment analysis & portfolio positioning.
Magnolia Capital Management developed our platform based on years of running family offices, by constructing portfolios with managers who have proven track records of generating superior, risk adjusted returns, relative to benchmarks.