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PHILLIPS RAY CAPITAL MANAGEMENT, INC.

FORT WORTH, TX · CRD 114408 · IAPD ↗ · phillipsray.com · 817-338-4223

$59.5MRegulatory AUM
1Advisory reps
1Employees
0Clients
n/aPlanning clients
0Private funds
1States
0Disclosures
wealthSegment
ApprovedSEC status

Filing changes

60
December 2025 — PHILLIPS RAY CAPITAL MANAGEMENT, INC. (FORT WORTH, TX) left the SEC roster (was $59.5M RAUM, 1 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
45
April 2025 — PHILLIPS RAY CAPITAL MANAGEMENT, INC. reported RAUM down 34% ($90.7M -> $59.5M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.