Mustard Seed Financial, LLC (Magnolia)

Name: Mustard Seed Financial, LLC
Address: 202 S. Pine, Magnolia, AR, 71753
Telephone: 870-234-1618

Mustard Seed Financial, LLC is a large advisory firm based in Magnolia. It manages $215.85 million of regulatory assets for 1,298 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arkansas, Louisiana, New Hampshire, and Texas.

Mustard Seed Financial provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mustard Seed Financial: assets under management

The assets under management (AUM) of Mustard Seed Financial, LLC is $215.85 million. The firm's AUM has grown by 644% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.56 million in discretionary accounts and $2.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $42.48 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is state and local bonds, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mustard Seed Financial, LLC for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Mustard Seed Financial serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mustard Seed Financial is high net worth individuals with 80 clients and $106.08 million of assets under management. Among the 7 most similar advisory firms, Mustard Seed Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.85 million for 520 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Mustard Seed Financial doesn't advise any private funds.

Careers at Mustard Seed Financial, LLC

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James David Ashby	Managing member	1 Jan 2003	50% - 75%	3187944
Darla Gail Williams	Managing member/chief compliance officer	1 Jul 2005	25% - 50%	4935012
Angela Janet Milam	Managing member	1 Jan 2011	Other	4935080
Bruce Thad Butterfield	Managing member	1 Jan 2011	Other	4935046
Angela Janet Eaves	Managing member	1 Jan 2011	Other	4935080
Zachary D. Talley	Chief compliance officer	1 Jan 2012	Other	5477904
Jonathan David Baird	Managing member	1 Jan 2013	Other	4989535
Laurie Bryn Pinner	Managing member	1 Jan 2017	Other	5669017

Based in Magnolia

The principal office where Mustard Seed Financial, LLC performs its advisory services is located at 202 S. Pine, Magnolia, AR 71753 The mailing address of the firm is 202 S. Pine, Magnolia, AR 71753. An additional office of the firm is in Hope, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 870-234-1618 or by fax 870-234-0373. The normal business hours are 8:30 a.m. to 5:00 p.m. on Other. You can find more information about the New York firm at mustardseedfinancial.com.