Business Details
41 Years
experience
Your Trusted Financial Partner in Charlotte, NC
MBL Advisors is a boutique advisory firm dedicated to delivering tailored financial solutions for high net worth individuals, business owners, and corporate executives. Founded in 1985 and rebranded in 2009, our firm combines decades of industry expertise with a client-centric approach, focusing on wealth management, private client insurance, business exit planning, and executive benefits. Our team acts as a personal CFO, guiding clients through a six-step process to align their financial strategies with their legacy goals. We specialize in integrating corporate and personal balance sheets, offering innovative solutions for complex financial needs. With a strategic partnership with M Financial Group, we provide access to exclusive products and services while maintaining the personalized service of a boutique firm.Our experience spans multiple economic cycles, including mergers, acquisitions, and market downturns, ensuring clients receive resilient, forward-thinking advice. We prioritize transparency, fiduciary responsibility, and long-term relationships built on trust and measurable outcomes. Our commitment to excellence is reflected in our tailored approach to retirement planning, tax optimization, and intergenerational wealth transfer. By combining institutional-grade resources with a boutique ethos, we empower clients to achieve their financial aspirations with confidence.
Services
Wealth Management
Private Client Insurance
Core Business Services
Business Exit Planning
Executive Benefits
Details
- Year established: 1985
Highlights and features
- We offer a boutique-level personalized service with resources typically available from large national firms.
- Our team has decades of experience serving high net worth individuals and business owners.
- We provide customized solutions for unique client needs through strategic partnerships.
- We specialize in integrating corporate and personal balance sheet planning.
- Our fiduciary process minimizes risk while prioritizing client outcomes.
Associations and certifications
- M Financial Group
Services
Wealth Management
Our wealth management services focus on creating customized strategies to accumulate, manage, and preserve wealth for high net worth individuals and business owners. We conduct comprehensive balance sheet analyses and goals-based planning to align financial strategies with legacy objectives. By integrating corporate and personal financial planning, we help clients optimize investment portfolios, minimize tax liabilities, and ensure long-term wealth transfer.
Private Client Insurance
We design tailored insurance solutions to protect and transfer wealth while minimizing tax exposure. Our ZIPIssue program offers streamlined underwriting for high cash value life insurance, while the Medical Auction Process maximizes policy benefits through competitive carrier bidding. These solutions ensure flexibility and adaptability to evolving family and financial circumstances.
Business Exit Planning
Our business exit planning guides owners through transitioning leadership while safeguarding family, business, and retirement goals. We provide financial modeling to pre-experience exit outcomes, address tax implications, and develop succession or sale strategies. This includes preparing management teams and aligning personal wealth with enterprise value over 3-5 year timelines.
Executive Benefits
We create executive benefit programs to retain top talent and enhance compensation packages. Services include nonqualified deferred compensation plans, long-term profit sharing, and supplemental disability insurance. Our solutions address income replacement gaps and align executive incentives with company objectives while ensuring compliance and tax efficiency.
401(k) Services
Our 401(k) services focus on designing cost-effective, fiduciary-compliant retirement plans for businesses. We optimize plan design, benchmark expenses, and select investments to enhance participant outcomes. As an ERISA 3(21) fiduciary, we minimize fiduciary risk while improving service quality and alignment with company goals across diverse industries.
People
Hugh L. McColl, Jr.
Founder
Former Chairman and CEO of Bank of America, Hugh L. McColl, Jr. founded MBL Advisors as a family office for the McColl and Lockwood families. His leadership established the firm's foundation in insurance advisory services and strategic growth.
Luther Lockwood
Partner
Luther Lockwood merged his Atlanta-based practice with MBL in 1996, bringing expertise in executive benefit programs. His contributions expanded the firm's national reach and deepened its capabilities in corporate financial planning.
Questions
What services does MBL Advisors offer?
We specialize in wealth management, private client insurance, business exit planning, executive benefits, and 401(k) services for high net worth individuals and businesses.
How does MBL Advisors approach wealth management?
We use a six-step process to align financial strategies with legacy goals, integrating corporate and personal balance sheets for customized investment and tax optimization plans.
What is the Medical Auction Process™?
Our proprietary Medical Auction Process™ maximizes life insurance policy benefits by creating carrier competition, ensuring competitive offers while maintaining client confidentiality and privacy.
How does MBL Advisors support business owners?
We provide business exit planning, succession strategies, and buy/sell planning to safeguard wealth, prepare management teams, and minimize tax impacts during ownership transitions.
What industries do you serve?
We work with manufacturing, distribution, healthcare, technology, financial services, and law firms, offering tailored retirement and executive benefit solutions across sectors.
