Mitchell, McLeod, Pugh & Williams provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and publishing newsletters. Financial planning was provided to 51–100 clients last fiscal year.
Mitchell, McLeod, Pugh & Williams reports 1,046 clients. They include 538 individual clients, 397 high-net-worth individuals, and 76 pension and profit-sharing plans. Of its assets, 71.8% ($1.91B across 2,333 accounts) are managed with discretion; $750M across 87 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 6% |
| High-net-worth individuals | 38% | 59% |
| Pension and profit-sharing plans | 7% | 29% |
| Charitable organizations | 1% | 3% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 538 | $170M | 6.4% | $316K |
| High-net-worth individuals | 397 | $1.57B | 59.0% | $3.95M |
| Pension and profit-sharing plans | 76 | $776M | 29.2% | $10.2M |
| Charitable organizations | 12 | $92.7M | 3.5% | $7.72M |
| State or municipal government entities | Fewer than 5 | $11.5M | 0.4% | $11.5M |
| Corporations and other businesses | 22 | $38.3M | 1.4% | $1.74M |
| Total | 1,046 | $2.66B | 100% | — |
- Clients
- 538
- Regulatory AUM
- $170M
- AUM share
- 6.4%
- Avg. per client
- $316K
- Clients
- 397
- Regulatory AUM
- $1.57B
- AUM share
- 59.0%
- Avg. per client
- $3.95M
- Clients
- 76
- Regulatory AUM
- $776M
- AUM share
- 29.2%
- Avg. per client
- $10.2M
- Clients
- 12
- Regulatory AUM
- $92.7M
- AUM share
- 3.5%
- Avg. per client
- $7.72M
- Clients
- Fewer than 5
- Regulatory AUM
- $11.5M
- AUM share
- 0.4%
- Avg. per client
- $11.5M
- Clients
- 22
- Regulatory AUM
- $38.3M
- AUM share
- 1.4%
- Avg. per client
- $1.74M
Total
- Clients
- 1,046
- Regulatory AUM
- $2.66B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Mitchell, McLeod, Pugh & Williams is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting and Financial Advice
- Consulting and financial advice on matters not involving securities are individually negotiated and sometimes charged hourly.
The leadership team of Mitchell, McLeod, Pugh & Williams includes President Robert Arendall and Chief Compliance Officer Katherine McGinley. It has 17 employees, 9 of them in advisory roles.
Staff
- 17 employees
- 9 in advisory functions
- 9 state-registered reps
- Owns 10% to 25% of Mitchell, McLeod, Pugh & Williams, Inc.
Douglas McLeod
Control person · since January 2006
- Owns 10% to 25% of Mitchell, McLeod, Pugh & Williams, Inc.
Kyle Pugh
Control person · since January 2006
- Owns 10% to 25% of Mitchell, McLeod, Pugh & Williams, Inc.
Thomas Van Antwerp
Control person · since April 2015
- Owns 10% to 25% of Mitchell, McLeod, Pugh & Williams, Inc.
Robert Arendall
since February 2022
- Owns 5% to 10% of Mitchell, McLeod, Pugh & Williams, Inc.
Richard Mitchell
since January 2006
- Owns 5% to 10% of Mitchell, McLeod, Pugh & Williams, Inc.
Katherine McGinley
since January 2006
- Owns 5% to 10% of Mitchell, McLeod, Pugh & Williams, Inc.
Michael Barnett
since July 2024
Mitchell, McLeod, Pugh & Williams’ regulatory assets grew 1.7× from $1.56B (May 2021) to $2.66B (July 2026); clients rose from 697 to 1,046 and employees from 13 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $2.66B | 1,046 | 17 | 1 |
| Mar 2025March 2025 | $2.27B | 965 | 16 | 1 |
| Mar 2024March 2024 | $2.02B | 931 | 15 | 1 |
| Jun 2023June 2023 | $1.69B | 858 | 15 | 1 |
| Mar 2022March 2022 | $1.88B | 794 | 13 | 1 |
| May 2021May 2021 | $1.56B | 697 | 13 | 1 |
Besides its headquarters, Mitchell, McLeod, Pugh & Williams has 0 offices, with 1 listed address in 1 state.
Alabama · 1 listed address
- 2610 Dauphin Street, MobileHQ
Contact and registration details
- Legal name
- Mitchell, McLeod, Pugh & Williams, Inc.
- Headquarters
- 2610 Dauphin Street, Mobile, AL 36606
- Website
- mmpw.com
- Phone
- 251-471-2027
- @mitchell-mcleod-pugh-&-williams
- SEC file
- 801-65005
- Structure
- Alabama corporation
- Fiscal year end
- December
Mitchell, McLeod, Pugh & Williams’ named custodians for separately managed accounts are Charles Schwab ($1.63B, 89%) and Ascensus Trust ($200M, 11%). Mitchell, McLeod, Pugh & Williams has custody of $6.17M for 3 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.63B89%
- Ascensus TrustAscensus Trust Company · Fargo, ND · $200M11%
At year end, Mitchell, McLeod, Pugh & Williams’ separately managed accounts were mostly in funds (77%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $815M across 307 positions; the largest are Vanguard Index Fds (6.9%), Vanguard Index Fds (6.9%) and Vanguard Index Fds (5.8%).
What the accounts hold
- Stocks14%
- Funds77%
- Bonds4%
- Cash5%
How many clients does Mitchell, McLeod, Pugh & Williams have?
Mitchell, McLeod, Pugh & Williams has 1,046 clients and manages $2.66 billion for them, as of July 2026. They include 538 individual clients, 397 high-net-worth individuals, and 76 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Mitchell, McLeod, Pugh & Williams offer?
Mitchell, McLeod, Pugh & Williams provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Mitchell, McLeod, Pugh & Williams use?
Mitchell, McLeod, Pugh & Williams’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.63B and Ascensus Trust Company (Fargo, ND), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026
How many financial advisors does Mitchell, McLeod, Pugh & Williams have?
Mitchell, McLeod, Pugh & Williams has 9 investment adviser representatives registered with state securities authorities, out of 17 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Mitchell, McLeod, Pugh & Williams invest in?
At the end of its last fiscal year, Mitchell, McLeod, Pugh & Williams’ separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 5% cash and equivalents and 4% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mitchell, McLeod, Pugh & Williams?
Mitchell, McLeod, Pugh & Williams’ direct owners are Douglas McLeod, Kyle Pugh, Richard Mitchell, Thomas Van Antwerp, Katherine McGinley, Robert Arendall and Michael Barnett, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Mitchell, McLeod, Pugh & Williams get paid?
Mitchell, McLeod, Pugh & Williams is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Mitchell, McLeod, Pugh & Williams?
Mitchell, McLeod, Pugh & Williams’ main office is at 2610 Dauphin Street, Mobile, AL 36606. Its phone number is 251-471-2027. Its website is mmpw.com.