The MoLPus Woodlands Group, LLC is a large advisory firm based in Jackson. It manages $1.1 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama and Mississippi.
The MoLPus Woodlands Group provides timber management services. 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 MoLPus Woodlands Group, LLC is $1.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 206% since the beginning of its operation, and $364.36 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The MoLPus Woodlands Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Richard Henderson Molpus is pooled investment vehicles with 6 clients and $1.1 billion of assets under management. Among the 7 most similar advisory firms, The MoLPus Woodlands Group has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.1 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.
The MoLPus Woodlands Group also advises several private funds. Namely, six other private funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.
The company employs 111 people that are either part- or full-time employees. 14 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 MoLPus Woodlands Group, LLC is owned by Melanie Ann Myers. Richard Henderson Molpus has been acting as President since 1 Jul 2004. Reanna Jane Moran Lee joined the executive team most recently as the Chief Compliance Officer.
The principal office where The MoLPus Woodlands Group, LLC performs its advisory services is located at 654 North State Street, Jackson, MS 39202, which is also the mailing address of the firm. An additional office of the firm is in Hattiesburg, MS. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 601-948-8733 or by fax 601-352-7463. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at molpus.com.