{
  "crd_number": 138240,
  "slug": "mitchell-mcleod-pugh-and-williams-inc-mobile-al-138240",
  "primary_business_name": "MITCHELL, MCLEOD, PUGH & WILLIAMS, INC.",
  "legal_name": "MITCHELL,  MCLEOD,  PUGH & WILLIAMS,  INC.",
  "dbas": [],
  "city": "Mobile",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "33660",
  "metro": {
    "cbsa_code": "33660",
    "common_name": "Mobile",
    "msa_name": "Mobile, AL",
    "path": "/advisors/al/mobile"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-01-13",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-07-30",
  "carried_forward": false,
  "raum_total": 2657582515.0,
  "raum_discretionary": 1907705857.0,
  "raum_non_discretionary": 749876658.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 17,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 92650800.0,
      "count": 12
    },
    "individuals": {
      "raum": 170154033.0,
      "count": 538
    },
    "state_municipal": {
      "raum": 11478015.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 775825409.0,
      "count": 76
    },
    "high_net_worth_individuals": {
      "raum": 1569153412.0,
      "count": 397
    },
    "corporations_other_businesses": {
      "raum": 38320846.0,
      "count": 22
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "LA",
    "MS",
    "NC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/company/mitchell-mcleod-pugh-&-williams",
    "https://mmpw.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/138240",
  "city_as_filed": "MOBILE",
  "url": "https://advisorcensus.com/firm/mitchell-mcleod-pugh-and-williams-inc-mobile-al-138240",
  "display_name": "Mitchell, McLeod, Pugh & Williams, Inc.",
  "summary": "Mitchell, McLeod, Pugh & Williams, Inc. is an SEC-registered investment advisory firm in Mobile, AL, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.",
  "citation": "AdvisorCensus. Mitchell, McLeod, Pugh & Williams, Inc. (CRD 138240): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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",
    "Publication of periodicals or newsletters",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Mitchell, McLeod, Pugh & Williams, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Mitchell, McLeod, Pugh & Williams, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Mitchell, McLeod, Pugh & Williams, Inc. located?",
      "a": "Mitchell, McLeod, Pugh & Williams, Inc.'s principal office is in Mobile, AL, according to its Form ADV."
    },
    {
      "q": "Is Mitchell, McLeod, Pugh & Williams, Inc. registered with the SEC or a state?",
      "a": "Mitchell, McLeod, Pugh & Williams, Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 138240."
    },
    {
      "q": "How much does Mitchell, McLeod, Pugh & Williams, Inc. manage?",
      "a": "Mitchell, McLeod, Pugh & Williams, Inc. reports $2,657,582,515 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (72% discretionary)."
    },
    {
      "q": "How have Mitchell, McLeod, Pugh & Williams, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Mitchell, McLeod, Pugh & Williams, Inc.: Regulatory assets under management: $1,562,467,667 in the October 2021 data and $2,657,582,515 in the October 2026 data, up 70%. Total employees: 13 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Mitchell, McLeod, Pugh & Williams, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (538); high net worth individuals (397); pension and profit sharing plans (but not the plan participants or government pension plans) (76)."
    },
    {
      "q": "Which custodians does Mitchell, McLeod, Pugh & Williams, Inc. use?",
      "a": "Mitchell, McLeod, Pugh & Williams, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus Trust Company and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Mitchell, McLeod, Pugh & Williams, Inc. report any disciplinary disclosures?",
      "a": "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/138240"
    },
    {
      "q": "What changed in Mitchell, McLeod, Pugh & Williams, Inc.'s recent Form ADV filings?",
      "a": "In the January 2026 filing data: Employees performing advisory functions went from 10 to 9. Regulatory assets under management went from $2,266,674,940 to $2,704,793,068 (+19%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1562467667.0,
      "total_employees": 13,
      "filing_date": "2021-05-06"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1879431591.0,
      "total_employees": 13,
      "filing_date": "2022-03-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1688741997.0,
      "total_employees": 15,
      "filing_date": "2023-06-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2017918979.0,
      "total_employees": 15,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2266674940.0,
      "total_employees": 16,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2657582515.0,
      "total_employees": 17,
      "filing_date": "2026-07-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 9.",
        "Regulatory assets under management went from $2,266,674,940 to $2,704,793,068 (+19%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Ascensus Trust Company",
      "name_as_filed": "ASCENSUS TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/mitchell-mcleod-pugh-and-williams-inc-mobile-al-138240.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 538,
      "fewer_than_5": false,
      "raum": 170154033.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 397,
      "fewer_than_5": false,
      "raum": 1569153412.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 76,
      "fewer_than_5": false,
      "raum": 775825409.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 12,
      "fewer_than_5": false,
      "raum": 92650800.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 11478015.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 22,
      "fewer_than_5": false,
      "raum": 38320846.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/138240",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}