What Mascagni does

Mascagni Wealth Management, Inc. is a fee-only registered investment adviser founded in 1988 and headquartered in the historic James House in Clinton, Mississippi. The firm serves Mississippi families primarily within 10 years of, or already in, retirement, as well as business owners and families navigating major life transitions (business exits, inheritances, widowhood, divorce, elder planning). Its service platform is organized around four pillars: Retirement Planning, Investment Management, Wealth Management, and Life Transition Support, with specialized planning add-ons for estate, education savings, divorce, and elder financial planning. Delivery is team-based through a staff of five named professionals, including two CFPs, one CPA (ex-KPMG, ex-Ergon) with a Master of Accountancy, and two Financial Paraplanner Qualified Professionals, supported by Randy Mascagni (President & Founder, since 1998 MBA from Mississippi College).

The underlying technology stack is not proprietary; the firm relies on Charles Schwab & Co. as independent third-party custodian and Black Diamond as the portfolio reporting platform. Mascagni's only internally maintained technical asset is a proprietary investment-selection metrics framework that ranks purchase candidates across an investment universe of hundreds of preferred assets, including more than 800 mutual funds and ETFs across 60 asset categories. Distribution is direct-to-consumer and referral-driven through a Calendly-scheduled 45-minute consultation, complemented by a public video library, a downloadable retirement-planning guide, pro bono seminars at Mississippi College and Hinds Community College, and ongoing community sponsorships (Habitat for Humanity since 2014, Walk to End Alzheimer's since 2019).

Revenue is generated through a two-stream fee model: a recurring percentage-of-AUM investment advisory fee (with no commissions, 12b-1 fees, sales charges, ticket charges, or custodial charges; funds purchased at NAV) and a project-based financial planning fee quoted upfront during the initial plan-development year. Client minimum is $100,000 in investable assets, with average household wealth implied to be substantially higher given the firm's high-net-worth focus. The SEC registration (firm #115046), fee-only fiduciary posture, and 35+ year operating history underpin a relationship-intensive, regionally concentrated wealth management practice with no disclosed growth, funding, or M&A signals.

Name

Mascagni

Legal name

Mascagni Wealth Management, Inc.

Website

https://mascagniwealth.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

Mascagni Wealth Management is a fee-only SEC-registered investment adviser founded in 1988 in Clinton, Mississippi. Its five-person team of CFP, CPA, and FPQP-certified advisors provides retirement, investment, wealth-management, and life-transition planning to Mississippi households holding $100,000+ in assets.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Finance and Insurance (52), Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

Keywords

• Retirement planning
• Investment management
• Wealth management
• Financial advisory
• Estate planning

Headquarters

HQ city

Clinton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Investment Advisory Fees: Fee-only compensation through an investment adviser fee as a percentage of account value. No commissions, 12b-1 fees, sales charges, ticket charges, or custodial charges. Funds purchased at net asset value (NAV) without sales charges.
2. Financial Planning Fees: During the initial year of working with clients, a planning fee is charged for development of a comprehensive or partial financial plan. Fee is quoted to clients upfront before work begins to avoid surprises.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Mascagni Wealth Management is a fee-only Registered Investment Adviser that delivers retirement planning, investment management, holistic wealth management, and life-transition support (estate planning, education savings, divorce, elder, and family planning) to individuals and families in Mississippi. The firm, led by founder Randy Mascagni, administers employer-sponsored retirement plans (401(k), SIMPLE IRA) for businesses with 1 to 100+ employees and operates on a transparent fee-based model with no commissions or sales charges.

Product overview

Mascagni Wealth Management offers a unified wealth management platform consisting of four core services: Retirement Planning, Investment Management, Wealth Management, and Life Transition Support. These services are delivered through a team of Certified Financial Planners, a CPA, and Financial Paraplanner Qualified Professionals. The offering also includes specialized planning services for estate planning, education savings, divorce, elder care, and family coordination, supported by educational resources including a video library and retirement planning guides. The company operates as a fee-based Registered Investment Adviser, providing fiduciary-standard financial advice to Mississippi families with minimum assets of $100,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning for individuals within 10 years of retirement or already retired, including income planning, Social Security optimization, pension and rollover analysis, and implementation of withdrawal strategies designed to make retirement income last.
• Investment Management Portfolio construction and active/passive investment management using Mascagni's proprietary investment selection metrics applied across an investment universe of hundreds of preferred investments, including over 800 mutual funds and ETFs across 60 asset categories, with risk-adjusted return focus and opportunistic buying at value prices.
• Wealth Management Holistic wealth management for individuals and families who have built substantial wealth, combining comprehensive financial planning, investment management, capital needs analysis, estate planning coordination, retirement income planning, and fiduciary oversight for high-net-worth Mississippi households.
• Life Transition Support Specialized financial guidance and coordination during major life changes, encompassing estate planning (with attorney and accountant coordination, trusts, and charitable giving), education savings analysis (529 plans, CESAs, custodial accounts), divorce financial planning (asset evaluation and settlement coordination), elder financial planning (at-home consultations and care coordination for aging parents), and multi-generational family financial planning (wealth transfer, education funding, alignment of family goals).
• Retirement Planning for Businesses Qualified employer-sponsored retirement plan administration including 401(k) plans, SIMPLE IRAs, Cash Balance plans, and other employer-sponsored plans for Mississippi companies ranging from a single employee to over 100 employees, covering plan selection, employee enrollment, and ongoing administration.
• Financial Planning Services Fee-based financial planning engagements during the initial year of working with the firm, producing comprehensive or partial financial plans with the fee quoted upfront to clients before work begins so there are no surprises.

Quantifiable outcome

• Provides retirement income planning that ensures income will last throughout retirement
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Charles Schwab & Co.coreTechnology or IntegrationCharles Schwab & Co. provides custodial services for client accounts. They are an independent, third-party custodian holding investments in accounts under the client's name as a safeguard for assets. Schwab also provides some of the industry's leading technology platforms for clients. Mascagni partners with Schwab to provide custodial services and technology infrastructure.
• Ed Slott's IRA Planning StrategiesminorStrategic or Co-development PartnerCollaboration with Ed Slott's IRA planning strategies provides clients with cutting-edge IRA account strategies. Randy Mascagni is a member of Ed Slott's 'Master Elite' Advisor Group.
• Mississippi CollegeminorOthersMascagni presents pro bono educational seminars on financial planning and retirement topics at Mississippi College as part of their community education initiative.
• Hinds Community CollegeminorOthersMascagni presents pro bono educational seminars on financial planning and retirement topics at Hinds Community College as part of their community education initiative.
• Habitat for HumanityminorOthersCorporate sponsorship of Habitat for Humanity 'builds' in the Clinton area since 2014, supporting their mission to construct, rehabilitate, or preserve homes.
• Alzheimer's AssociationminorOthersTeam sponsorship and participation in the annual Walk to End Alzheimer's since 2019, raising critical funds for Alzheimer's care, support, and research.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Edelman Financial Engines: Large national RIA providing financial planning, investment management, and retirement advice to HNW clients. Comparable service offering to Mascagni at significantly greater scale, and a potential consolidator candidate given the fee-only fiduciary model.
• Edward Jones: Large national wealth manager with a strong regional office model and emphasis on retirement planning. Comparable in targeting pre-retirees/retirees with personalized service, though Edward Jones operates under a commission-and-fee model rather than fee-only.
• Mariner Wealth Advisors: Large national RIA consolidator offering comprehensive wealth management, retirement planning, and estate services. Comparable in service mix (fee-only fiduciary advisory) but operates at vastly greater scale across multiple U.S. regions, making it a natural consolidator or competitor for independent firms like Mascagni.
• Commonwealth Financial Network: Independent RIA and broker-dealer supporting mid-sized advisory practices with back-office, technology, and succession resources. Comparable as an affiliation partner for boutique firms looking to scale while preserving local identity.
• Cetera Financial Group: Independent advisor platform supporting RIAs and broker-dealers with wealth management, retirement, and estate planning services. Comparable as a potential home for independent advisory teams seeking scale and succession infrastructure.
• Hightower Advisors: National RIA platform serving HNW individuals and families with comprehensive wealth management and retirement planning. Directly comparable service offering to Mascagni at much greater scale, and a likely consolidator candidate.
• Vanguard Personal Advisor: Vanguard's hybrid robo-advisor and human advisory service offering fee-based wealth management to HNW clients. Comparable in fee-only fiduciary structure but competes on price and digital convenience, exerting fee pressure on boutique RIAs.
• Focus Financial Partners: The largest U.S. RIA consolidator, partnering with independent wealth management firms. Highly comparable as a potential roll-up acquirer for boutique RIAs like Mascagni given the fee-only fiduciary model and SEC registration.
• Fisher Investments: Large independent RIA managing billions for HNW individuals and institutions. Comparable in fee-only RIA structure and focus on portfolio management, though operates at materially greater scale and serves a more national clientele.

Others

• Charles Schwab Advisor Services: Mascagni's chosen custodian and a broader competitor in the wealth management space. While primarily an infrastructure partner, Schwab's own advisory services and Schwab Wealth Advisory represent a structural alternative for clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mascagniwealth
• LinkedInlinkedin.com/company/mascagni-wealth-management

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mascagni