Top 6 financial advisor firms in Mobile

6 SEC-registered financial advisor firms are headquartered in Mobile, AL, with $7.16B in combined regulatory assets under management. The largest by assets are Leavell Investment Management ($3.4B), Mitchell, McLeod, Pugh & Williams ($2.66B) and WFG Capital Advisors ($355M).

6
Financial advisor firms: $7.16B
Their combined AUM: $339M
Median firm AUM: 5,297
Clients of the top 6

The 6 largest by assets

1
Leavell Investment Management
RIA
$3.4B
Up to 1.25%
2
Mitchell, McLeod, Pugh & Williams
RIA
$2.66B
Regulatory AUM
3
WFG Capital Advisors
RIA
$355M
0.50% to 1.20% a year
4
Aull & Monroe Investment Management
RIA
$323M
0.80% to 1.00% a year
5
Wilkins Miller Wealth Management
RIA
$257M
0.75% to 1.50% a year
6
Retirement Advisors
RIA
$160M
Up to 1.20% a year

Profiles of the top 6

No. 1 · RIA

Leavell Investment Management

Leavell Investment Management is an investment adviser based in Mobile, AL, registered with the SEC since 1979. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $3.4 billion, as filed on 22 September 2026.

Leavell Investment Management charges up to 1.25% for its Fee Schedule. The brochure does not state whether the rate is annual.

Regulatory AUM: $3.4B
Clients: 3,023
Advisory staff: 24
Fee schedule: Up to 1.25%
Custodians: Charles Schwab
Headquarters: 210 Saint Joseph Street, Mobile, AL 36602
Phone: 251-433-3709
Website: leavellinvestments.com

No. 2 · RIA

Mitchell, McLeod, Pugh & Williams

Mitchell, McLeod, Pugh & Williams is an investment adviser based in Mobile, AL, registered with the SEC since 2006. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $2.66 billion, as filed on 30 July 2026.

Regulatory AUM: $2.66B
Clients: 1,046
Advisory staff: 9
Custodians: Charles Schwab, Ascensus Trust
Headquarters: 2610 Dauphin Street, Mobile, AL 36606
Phone: 251-471-2027
Website: mmpw.com

No. 3 · RIA

WFG Capital Advisors

WFG Capital Advisors is an investment adviser based in Mobile, AL, registered with the SEC since 2020. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals, and pension and profit-sharing plans. Its regulatory assets under management total $355 million, as filed on 17 March 2026.

WFG Capital Advisors charges 0.50%–1.20% a year for its Portfolio Management Fees.

Regulatory AUM: $355M
Clients: 658
Advisory staff: 2
Fee schedule: 0.50% to 1.20% a year
Minimum account: $250,000
Custodians: Charles Schwab
Headquarters: 2616-A Dauphin Street, Mobile, AL 36606
Phone: 251-473-2120
Website: wfgplanning.com

No. 4 · RIA

Aull & Monroe Investment Management

Aull & Monroe Investment Management is an investment adviser based in Mobile, AL, registered with the SEC since 1990. It provides investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $323 million, as filed on 23 March 2026.

Aull & Monroe Investment Management charges 0.80%–1.00% a year for its Managed account.

Regulatory AUM: $323M
Clients: 190
Advisory staff: 1
Founded: 1990
Fee schedule: 0.80% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 3658 College LN S, Mobile, AL 36608
Phone: 251-342-3339
Website: aullmonroe.com

No. 5 · RIA

Wilkins Miller Wealth Management

Wilkins Miller Wealth Management is an investment adviser based in Mobile, AL, registered with the SEC since 2022. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $257 million, as filed on 25 March 2026.

Wilkins Miller Wealth Management charges 0.75%–1.50% a year for its Asset Management Services.

Regulatory AUM: $257M
Clients: 195
Advisory staff: 2
Founded: 2008
Fee schedule: 0.75% to 1.50% a year
Custodians: Charles Schwab, Ascensus Trust
Headquarters: 41 West Interstate 65, Service Road North, Suite 400, Mobile, AL 36608
Phone: 251-410-6700

No. 6 · RIA

Retirement Advisors

Retirement Advisors is an investment adviser based in Mobile, AL, registered with the SEC since 2018. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $160 million, as filed on 19 March 2026.

Retirement Advisors charges up to 1.20% a year for its Wealth Management Program.

Regulatory AUM: $160M
Clients: 185
Advisory staff: 1
Fee schedule: Up to 1.20% a year
Minimum account: $800,000
Custodians: Charles Schwab
Headquarters: 1009 Downtowner BLVD, Mobile, AL 36609
Phone: 251-344-0707
Website: plantoretire.com

Questions about financial advisors in Mobile

How many financial advisor firms are headquartered in Mobile?

6 SEC-registered financial advisor firms report their principal office in Mobile, AL, managing $7.16B in regulatory assets between them. The other 1 adviser headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Mobile?

Leavell Investment Management, with $3.4B in regulatory assets under management on its latest Form ADV. The next largest are Mitchell, McLeod, Pugh & Williams ($2.66B) and WFG Capital Advisors ($355M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Mobile?

The median firm manages $339M in regulatory assets. That is the midpoint of the 6 firms headquartered in Mobile.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Mobile charge?

Of the 6 largest firms, 5 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.50% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Mobile?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

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