DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Fpl Asset Management, LLC

Former SEC-registered adviserMonroe, LouisianaCRD 122442SEC 801-61411IAPD
Latest filing Mar 24, 2015
First filing on the tape Mar 22, 2012 · 8 filings
RAUM
$402M
reported, Item 5.F
Discretionary
50%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$402M as of Mar 24, 2015
Mar 22, 2012$203M then
HNW client RAUM: no history
State-registered IARs (5.B.3)4 as of Mar 24, 2015
Mar 22, 20120 then
Employees (5.A)6 as of Mar 24, 2015
Mar 22, 20136 then
Private funds: no history
RAUM +8.5% over the last fiscal year+25% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Mar 24, 2015; every figure names its basis
RAUM per advisor
$100MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$421,419derivedRAUM over accounts (5.F.2.f)
Discretionary
50%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.5%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
953reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Louis Charles Ray · Managing Membercontrol
      since 08/2002 · owns less than 5%
    • Gus Kenneth Vines · Managing Member/Chief Compliance Officercontrol
      since 08/2002 · owns less than 5%
    • Louis Charles Ray · Presidentcontrol
      since 08/2002 · owns 75% or more of C. Louis Ray, Inc.
    • Gus Kenneth Vines · Presidentcontrol
      since 08/2002 · owns 75% or more of Kenneth G. Vines, Inc.
    Entity owners
    • C. Louis Ray, Inc. · Holding Company
      direct · owns 50% to 75%
    • Kenneth G. Vines, Inc. · Holding Company
      direct · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Advisers that list Fpl Asset Management, LLC as a related person
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • RAUM · $370M to $402M
      Mar 26, 2014 to Mar 24, 2015
    • Accounts · 800 to 953
      Mar 26, 2014 to Mar 24, 2015
    • Insurance-licensed employees · 3 to 0
      Mar 26, 2014 to Mar 24, 2015
    • State-registered IARs · 3 to 4
      Mar 26, 2014 to Mar 24, 2015
    • Discretionary RAUM · $178M to $201M
      Mar 26, 2014 to Mar 24, 2015
    • Non-discretionary RAUM · $192M to $200M
      Mar 26, 2014 to Mar 24, 2015
    • Related adviser · true to false
      Mar 26, 2014 to Mar 24, 2015
    • Accounts · 688 to 800
      Feb 7, 2014 to Mar 26, 2014
    • Advisory employees · 4 to 5
      Feb 7, 2014 to Mar 26, 2014
    • Discretionary RAUM · $153M to $178M
      Feb 7, 2014 to Mar 26, 2014
    • Non-discretionary RAUM · $72.2M to $192M
      Feb 7, 2014 to Mar 26, 2014
    • RAUM · $225M to $370M
      Feb 7, 2014 to Mar 26, 2014
    • Accounts · 594 to 688
      Mar 22, 2012 to Mar 22, 2013
    • Advisory employees · unset to 4.0
      Mar 22, 2012 to Mar 22, 2013
    • Employees · unset to 6.0
      Mar 22, 2012 to Mar 22, 2013
    • Insurance-licensed employees · 2 to 3
      Mar 22, 2012 to Mar 22, 2013
    • State-registered IARs · 0 to 3
      Mar 22, 2012 to Mar 22, 2013
    • Discretionary RAUM · $122M to $153M
      Mar 22, 2012 to Mar 22, 2013
    • Non-discretionary RAUM · $81.2M to $72.2M
      Mar 22, 2012 to Mar 22, 2013
    • RAUM · $203M to $225M
      Mar 22, 2012 to Mar 22, 2013
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026