Phillips Ray Capital Management, Inc.

Phillips Ray Capital Management, Inc. is a Fort Worth-based investment adviser established in 2002. The firm offers portfolio management services on a discretionary basis, tailoring investment strategies to individual client needs. Investment recommendations are not limited to specific products, allowing for a diverse portfolio including equities, bonds, mutual funds, and other securities. The firm manages over $55 million in assets as of December 31, 2024, with a minimum account size of $250,000 for portfolio management services. Fees for portfolio management are charged as a percentage of assets under management, varying based on the investment strategy chosen by the client. The firm does not charge performance-based fees but may offer consulting services on an hourly basis or a fixed fee. Clients have the option to receive investment advice on specific topics such as estate planning or retirement planning. Phillips Ray Capital Management does not engage in principal transactions or agency cross transactions, ensuring fair treatment for all clients. The firm's investment strategies include long-term purchases, short-term purchases, trading, short sales, margin transactions, and option writing, with a focus on fundamental and technical analysis. Clients have the option to grant discretionary authority to the firm for asset management, allowing Phillips Ray Capital Management to make investment decisions on their behalf without prior approval for each trade. The firm does not vote proxies on behalf of clients and does not have custody of client accounts. Brian Michael Phillips, the President and Chief Compliance Officer, leads the firm and has a background in economics and business administration. Phillips has no reportable disciplinary history and supervises all activities of the firm.