MAG Cap

RIASEC RegisteredEst. 2018

Total AUM

$1.7B

Discretionary

$1B

61% of AUM

Avg account

$391K

Accounts

4,324

Employees

Advisory reps

Firm details

Headquarters: Ridgeland, Mississippi
CRD number: 298398
Registered since: September 21, 2018
Website: magcapadvisors.com
Custodians: RAYMOND JAMES & ASSOCIATES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans32.82%
HNWI30.58%
Individuals24.39%
Corporations / Businesses6.24%
Banking / Thrift Institutions5.63%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

MAG Cap is an independent, LLC-structured Registered Investment Adviser that has been SEC-registered since 2018. The firm identifies as an individual-owned capital allocator serving both individual/family and institutional clients. Its advisory menu includes financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, third-party manager selection, and educational seminars. Fee arrangements are flexible and include percentage of AUM, hourly charges, and fixed fees. The firm does not report active ESG investing and, per its filing, is not designated as a multi-state adviser. MAG Cap also received placement on Citywire’s "50 Growers Across America" list in 2022.