DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Mascagni Wealth Management, Inc.

Independent wealth managerClinton, MississippiCRD 115046SEC 801-110839websiteIAPD
Latest filing Aug 13, 2026
First filing on the tape Mar 28, 2012 · 21 filings
SEC status approved since Jul 19, 2017
RAUM
$425M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$410M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$142M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$425M as of Aug 13, 2026
Mar 28, 2012$114M then
HNW client RAUM$257M as of Aug 13, 2026
Mar 23, 2018$73.2M then
State-registered IARs (5.B.3)4 as of Aug 13, 2026
Mar 28, 20120 then
Employees (5.A)6 as of Aug 13, 2026
Mar 23, 20184 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Aug 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$142MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
237derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$217,916derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Wrap fee program
$425MreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$257M60%
  • Individuals$153M36%
  • Charitable organizations$11.1M2.6%
  • Corporations and businesses$3.6M0.8%
Individual clients
598reported
HNW clients
113reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
1,948reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Julius Randall MascagniCertified Financial PlannerClinton, MsJun 15, 201238 y2
Matthew Patrick BrownCertified Financial PlannerClinton, MsJun 15, 201229 y1
Collin Monroe MascagniClinton, MsJun 25, 202415 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Randall Julius Mascagni · President, Chief Compliance Officer, Chief Executive Officer, Chief Financial Officer, Chief Operations Officercontrol
    since 09/1990 · owns 75% or more
  • Patrick Matthew Brown · Vice President Of Financial Planning
    since 01/2010 · owns less than 5%
  • Kay Julie Sanders · Vice President Of Client Services And Operations
    since 01/2010 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Clinton, Ms · principal301
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • unusually high clients per advisorStatic outlier · filing Aug 13, 2026
    private clients per advisor of 237.0 against a peer median of 57.3 (3075 comparable advisers, 98.0th percentile, 5.1 robust deviations)
    peers: independent wealth managers, $100M to $500M (3,075) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,847 to 1,948
    Oct 10, 2025 to Mar 27, 2026
  • Charity clients · 5 to 6
    Oct 10, 2025 to Mar 27, 2026
  • HNW clients · 104 to 113
    Oct 10, 2025 to Mar 27, 2026
  • Individual clients · 565 to 598
    Oct 10, 2025 to Mar 27, 2026
  • Discretionary RAUM · $366M to $425M
    Oct 10, 2025 to Mar 27, 2026
  • HNW RAUM · $214M to $257M
    Oct 10, 2025 to Mar 27, 2026
  • Individual RAUM · $139M to $153M
    Oct 10, 2025 to Mar 27, 2026
  • RAUM · $366M to $425M
    Oct 10, 2025 to Mar 27, 2026
  • Accounts · 1,748 to 1,847
    Mar 20, 2024 to Mar 27, 2025
  • Advisory employees · 3 to 4
    Mar 20, 2024 to Mar 27, 2025
  • Corporate clients · 15 to 19
    Mar 20, 2024 to Mar 27, 2025
  • HNW clients · 91 to 104
    Mar 20, 2024 to Mar 27, 2025
  • Individual clients · 546 to 565
    Mar 20, 2024 to Mar 27, 2025
  • Employees · 5 to 6
    Mar 20, 2024 to Mar 27, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 20, 2024 to Mar 27, 2025
  • State-registered IARs · 3 to 4
    Mar 20, 2024 to Mar 27, 2025
  • Discretionary RAUM · $313M to $366M
    Mar 20, 2024 to Mar 27, 2025
  • HNW RAUM · $173M to $214M
    Mar 20, 2024 to Mar 27, 2025
  • Individual RAUM · $128M to $139M
    Mar 20, 2024 to Mar 27, 2025
  • RAUM · $313M to $366M
    Mar 20, 2024 to Mar 27, 2025
  • Wrap assets (manager) · $313M to $0
    Mar 20, 2024 to Mar 27, 2025
  • Wrap assets (sponsor) · $313M to $0
    Mar 20, 2024 to Mar 27, 2025
  • Accounts · 1,615 to 1,748
    Mar 22, 2023 to Mar 20, 2024
  • Corporate clients · 13 to 15
    Mar 22, 2023 to Mar 20, 2024
  • HNW clients · 87 to 91
    Mar 22, 2023 to Mar 20, 2024
  • Individual clients · 496 to 546
    Mar 22, 2023 to Mar 20, 2024
  • Employees · 4 to 5
    Mar 22, 2023 to Mar 20, 2024
  • Discretionary RAUM · $256M to $313M
    Mar 22, 2023 to Mar 20, 2024
  • HNW RAUM · $138M to $173M
    Mar 22, 2023 to Mar 20, 2024
  • Individual RAUM · $108M to $128M
    Mar 22, 2023 to Mar 20, 2024
  • RAUM · $256M to $313M
    Mar 22, 2023 to Mar 20, 2024
  • Wrap assets (manager) · $0 to $313M
    Mar 22, 2023 to Mar 20, 2024
  • Wrap assets (sponsor) · $0 to $313M
    Mar 22, 2023 to Mar 20, 2024
  • Accounts · 1,549 to 1,615
    Nov 9, 2022 to Mar 22, 2023
  • HNW clients · 84 to 87
    Nov 9, 2022 to Mar 22, 2023
  • Individual clients · 481 to 496
    Nov 9, 2022 to Mar 22, 2023
  • Discretionary RAUM · $302M to $256M
    Nov 9, 2022 to Mar 22, 2023
  • HNW RAUM · $164M to $138M
    Nov 9, 2022 to Mar 22, 2023
  • Individual RAUM · $126M to $108M
    Nov 9, 2022 to Mar 22, 2023
  • RAUM · $302M to $256M
    Nov 9, 2022 to Mar 22, 2023
Signals
2 dated events
  • Samuel A Buchanan left Mascagni Wealth Management, Inc. for Asset Dedication, Llc (registered 2026-06-08)
    May 6, 2026 · Advisor changed firm · fact
  • Mascagni Wealth Management, Inc. filed its initial SEC registration (Form ADV)
    Jun 19, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
support@mascagniwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
601-925-8099reportedpublished by the firm, firm site, Sep 15, 2026
Website
MASCAGNIWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
601-925-8099reportedpublic record, Form ADV, Aug 13, 2026
Contact form
mascagniwealth.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
mascagniwealth.com/meet-our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$142Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026