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Magnolia Financial was founded in 1992 to provide a wide variety of value added business advisory and financial management services to our clientele. Specifically, the firm provides customized business advisory, business planning, virtual accounting, and taxation planning and preparation to a wide variety of privately held business’s and entrepreneurs.

Our team strives to consistently provide technically competent services to each of our clients in a time-sensitive manner and on a competitive fee basis. We recognize that individuals all process information differently. As such, our team invests substantial energy learning how best to communicate complex financial information to each of our clients to provide the greatest impact and highest opportunity for success. Magnolia Financial provides professional services that enhance our clients’ strategic financial goals by striving to ensure that our clients are able to efficiently focus on appropriate business objectives, while simultaneously enhancing their life process.

Catherine BrumfieldCatherine D. Brumfield, CPA, CMA – President
Cathie has over twenty years of progressive financial accounting and business advisory service experience in a variety of industries. Prior to founding Magnolia Financial, and in addition to her audit experience with two Big 6 international accounting firms, Cathie served as chief financial officer of a management consulting firm, an environmental laboratory, and a bank. Cathie is a member of Holy Spirit Catholic Church, where she sings in the Traditional Choir, the Dunwoody Rotary Club, GA Society of CPAs, AICPA, IMA, NFIB, and also has served as director with the Chastain Park Civic Association. Cathie received her BS in Accounting from the University of South Alabama.

Ritchie BrumfieldC. Ritchie Brumfield – JD, CPA – Vice President
Prior to joining Magnolia Financial, Ritchie served as chief financial officer for two financial institutions, spent five years on the audit team of two Big Six international accounting firms, and served as a consultant to the FDIC in resolving failed financial institutions. Ritchie is a Georgia licensed attorney, holds Series 6 and Series 63 securities licenses; is a GA licensed health, accident, and sickness insurance agent; holds a GA real estate salesperson license; and has recently completed the course work necessary to sit for the Certified Financial Planner examination. He is a member of the GA Bar Association, GA Society of CPAs, MS Society of CPAs, and AICPA. Ritchie received his law degree from Tulane University and Master of Science in Accountancy and BS from the University of Southern Mississippi.

Luke fullerLuke C. Fuller – Senior Associate
Luke has been with Magnolia Financial for over 3 years. Prior to joining our firm he was a Commercial Loan Officer, Credit Analyst and Loan Review Officer with two different financial institutions for six years. Luke’s duties not only included new business development but also analysis of financial statements of existing and prospective clients. He holds the Series 7 and Series 63 securities licenses and is a GA licensed health, accident, and sickness insurance agent. Luke received his BBA in Finance from the University of Georgia.

In addition to the specific qualifications mentioned above, our full team offers a wealth of experience in a variety of areas including business planning, high-end financial planning, wealth management, accounting, corporate communications, and marketing.