Phillips Ray Capital Management, Inc
Answer a few questions and
get matched with an advisor.
Learn more about Phillips Ray Capital Management, Inc
Overview
Phillips Ray Capital Management, Inc operates as a financial advisory firm headquartered in Fort Worth, Texas. The company handles $111.6 million in assets under management across 290 accounts, making it a mid-tier financial advisory firm in the country by assets under management (AUM). The firm has a small team, including 2 financial advisors. Phillips Ray Capital Management, Inc does not act as a registered broker-dealer, meaning the advisor is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable fiscal investments like options, stocks and bonds.
Phillips Ray Capital Management, Inc administers 226 of the company's accounts in a discretionary manner. Discretionary management means that transaction judgments are made by a portfolio manager without needing to seek the client's permission. The firm also manages 64 non-discretionary accounts totaling $23.8 million in assets under management. Phillips Ray Capital Management, Inc oversees roughly $384,978 for every client account. An average financial advisor at Phillips Ray Capital Management, Inc administers around 145 client accounts.
Phillips Ray Capital Management, Inc's headquarters is at 2727 W 7Th Street, Fort Worth, Texas 76107.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Phillips Ray Capital Management, Inc by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$111.6 million
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
2
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
290
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$385.0 thousand
Fee Structure
Fees for financial management vary depending on which services are offered. Fee types charged by the firm likely include any blend of the following fee types: asset-based, hourly or fixed. The firm does not provide a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company provides services to retail investors, high net worth investors and corporations. Out of its 290 accounts, Phillips Ray Capital Management, Inc's biggest client type is high net worth investors, though it also caters to 101 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients reside abroad.
- High-Net-Worth Individuals* - 76.52%
- Other Individuals - 19.7%
- Corporations - 3.79%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Phillips Ray Capital Management, Inc does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.