Mitchell, Mcleod, Pugh & Williams, Inc. is a large advisory firm based in Mobile. It manages $1.05 billion of regulatory assets for 1,296 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.
Mitchell, Mcleod, Pugh & Williams provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and fiduciary advice & investment advice to 401(k) plans/participants (see schd. d - misc.), as well as general bookkeeping services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mitchell, Mcleod, Pugh & Williams, Inc. is $1.05 billion. The firm's AUM has grown by 399% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mitchell, Mcleod, Pugh & Williams, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Douglas Reed Mcleod is high net worth individuals with 194 clients and $558 million of assets under management. Among the 12 most similar advisory firms, Mitchell, Mcleod, Pugh & Williams has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.04 billion for 587 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Mitchell, Mcleod, Pugh & Williams doesn't advise any private funds.
The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Douglas Reed Mcleod has been acting as President since 1 Jan 2006. Thomas Bragg Van Antwerp joined the executive team most recently as the Director/Shareholder/Vice President.
The principal office where Mitchell, Mcleod, Pugh & Williams, Inc. performs its advisory services is located at 2610 Dauphin Street, Mobile, AL 36606 The mailing address of the firm is P. O. Box 7338, Mobile, AL 36670 0038. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 251-471-2027 or by fax 251-471-2302. The normal business hours are 8:30 am - 4:30pm on Monday - Friday. You can find more information about the New York firm at mmpw.com.