# MBL Advisors

> MBL Advisors is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 305176
- Filed as: MBL ADVISORS
- Legal name: MBL Wealth, LLC
- Also doing business as: MBL WEALTH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/305176
- AdvisorCensus page: https://advisorcensus.com/firm/mbl-advisors-charlotte-nc-305176

## Quick answers

**How is MBL Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), MBL Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is MBL Advisors located?**
MBL Advisors' principal office is in Charlotte, NC, according to its Form ADV.

**Is MBL Advisors registered with the SEC or a state?**
MBL Advisors is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 305176.

**How much does MBL Advisors manage?**
MBL Advisors reports $1,422,868,828 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have MBL Advisors' assets and staff changed since 2021?**
In the Form ADV data for MBL Advisors: Regulatory assets under management: $487,307,435 in the October 2021 data and $1,422,868,828 in the October 2026 data, up 192%. Total employees: 8 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MBL Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (242); individuals (other than high net worth individuals) (28).

**Which custodians does MBL Advisors use?**
MBL Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does MBL Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/305176

**Does MBL Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 11, 2026 says: "Our minimum relationship opening balance is $ 5,000,000, which may be negotiable based upon certain circumstances."

**What changed in MBL Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,142,902,910 to $1,422,868,828 (+24%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 11, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> Our minimum relationship opening balance is $ 5,000,000, which may be negotiable based upon certain circumstances.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,422,868,828
- Discretionary: $1,422,868,828
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 28 | $6,578,653 |
| High net worth individuals | 242 | $1,415,457,613 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $128,935 |
| Charitable organizations | Fewer than 5 | $703,627 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2019 (6 years)
- Employees: 14 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, GA, NC, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mbl-advisors.com
- LinkedIn @mbl-advisors-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $487,307,435 | 8 | March 12, 2021 |
| October 2022 | $722,167,671 | 9 | July 21, 2022 |
| October 2023 | $731,838,685 | 10 | March 20, 2023 |
| October 2024 | $946,237,868 | 10 | February 27, 2024 |
| October 2025 | $1,142,902,910 | 13 | March 10, 2025 |
| October 2026 | $1,422,868,828 | 14 | March 11, 2026 |

Regulatory assets under management: $487,307,435 in the October 2021 data and $1,422,868,828 in the October 2026 data, up 192%.
Total employees: 8 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,142,902,910 to $1,422,868,828 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MBL Advisors (CRD 305176): Form ADV filing data as of October 2026.