AdFi
MS

MUSTARD SEED WEALTH MANAGEMENT

SEC Registered

Custom Investment Strategies For Every Stage of Life

MAGNOLIA, ARhttps://msfwm.com870-234-1618
Assets Under Management
$100M–$500M
Year Founded
2002
Employees
10
Office Locations
6 offices
Total Accounts
1621

About the firm

Mustard Seed Wealth Management was founded in 2002 by Dr. David Ashby, Professor Emeritus of Finance at Southern Arkansas University, on the premise of delivering high quality client service along with portfolio investment strategies structured using modern portfolio design. With a combined experience of over 60 years in comprehensive planning, the firm serves individuals, businesses, and foundations, and has grown to ten advisors across five locations. As fiduciaries with a fee-only structure, they focus on tailored portfolio management, retirement planning, estate planning, tax efficiencies, and transfer of wealth.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net Worth

Areas of expertise

Retirement PlanningEstate PlanningPortfolio ManagementTax EfficiencyCharitable Gifting401kTransfer Of WealthFiduciaryFee-onlyFinancial Planning

Services

Investment and retirement plans, employer sponsored 401Ks, estate planning advising, protection and transfer of asset planning, charitable gifting, tax efficiency, and tailored portfolio management.

Who they serve

Retirees and pre-retirees, business owners, non-profits and foundations, and independent women; broadly serves individuals, businesses, and foundations.

Client segmentClientsAssets managed
Individuals (Non-HNW)528$184M
High Net Worth Individuals151$240M
Charitable Organizations25$2.7M
State/Municipal Entities28

24 total clients reported on Form ADV.

Leadership

James David Ashby
MANAGING MEMBER
Angela Janet Eaves
MANAGING MEMBER
Bruce Thad Butterfield
MANAGING MEMBER
Jonathan David Baird
MANAGING MEMBER

Office locations

6 offices in 3 states
AR
MAGNOLIAHQ
AR
MAGNOLIA
AR
EL DORADO
LA
MONROE
AR
HOPE
TX
TEXARKANA

Advisors at this firm

9 advisors in the directory

Regulatory & compliance

CRD number
#117737
SEC Number
801-66155
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Hourly / Flat Fee
Asset tierAnnual rate
$0 to $500,0001.00%
$500,000 to $1,000,0000.90%
$1,000,000 to $2,000,0000.80%
Over $2,000,0000.50%

Data as of March 4, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

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Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. MUSTARD SEED WEALTH MANAGEMENT has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

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