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.

SEC-registered adviser

Fcg Investment Company

Independent wealth managerGermantown, TennesseeCRD 308192SEC 801-118437website IAPD

Latest filing Sep 2, 2026

First filing on the tape Mar 13, 2020 · 43 filings

SEC status approved since Apr 13, 2020

RAUM

$568M

reported, Item 5.F

Discretionary

50%

of RAUM

Private clients

51%

$288M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$51.7M

derived; firm RAUM over IAPD count

Employees

11 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

43 filings and snapshots on the tape

RAUM$568M as of Aug 27, 2026

Jan 28, 2021$353M then

HNW client RAUM$191M as of Aug 27, 2026

Jan 28, 2021$40.9M then

State-registered IARs (5.B.3)10 as of Aug 27, 2026

Jan 28, 20219 then

Employees (5.A)10 as of Aug 27, 2026

Jan 28, 20219 then

Private funds: no history

RAUM +24% over the last fiscal year+8.7% a year over threeIARs 9 to 11

Practice profile

derived from the filing of Sep 2, 2026; every figure names its basis

Archetypes, each a printed rule

Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients

RAUM per advisor: $51.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 27derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.8MderivedHNW RAUM over HNW clients
Average account: $1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary: 50%derivedof RAUM
Institutional: 49%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.1derivedItem 5.A over advisors
Advisors per office: 11.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +24%derivedbetween the last two annual amendments
Advisor growth, one year: +11%derivedItem 5.B.3 between annual amendments
Client growth, one year: +25%derived
Compensation: percentage of assets, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, pension consultingreportedItem 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)
compensates persons for client referrals (8.G.1)
compensates non-employees for client referrals (8.G.2)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Pension and profit-sharing plans$281M49%
High-net-worth individuals$191M34%
Individuals$97.0M17%

Individual clients: 244reported
HNW clients: 50reported
Pension plan clients: 57reported
Charitable clients: 0reported
Accounts: 442reported
Financial planning clients: 26-50reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUM, fixedreported
Class basis: private_client_share=0.51 fund_share=0.0 institutional_share=0.49 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

11 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Kenneth Louis Riffle	Germantown, Tn	Apr 22, 2020	32 y	6
Lloyd Vernon Crawford	Germantown, Tn	Apr 22, 2020	29 y	5
Jeremy Shane Plyler	Germantown, Tn	Apr 22, 2020	13 y	2
Michael David Thompson	Germantown, Tn	Apr 22, 2020	11 y	1
Dennis Ray Plyler	Germantown, Tn	Apr 22, 2020	29 y	4
William Lewis Gurner	Germantown, Tn	Apr 22, 2020	31 y	4
Joe David Meals	Germantown, Tn	Oct 30, 2020	42 y	1
Mellio Joseph Sulipeck	Germantown, Tn	Jan 19, 2023	26 y	1
Gurner Cole Lipscomb	Germantown, Tn	Sep 29, 2025	11 y	0
Alston Boyd Wade	Germantown, Tn	Jan 1, 2026	20 y	0
Davis Rangi	Germantown, Tn	Aug 25, 2026	11 y	0

Advisor movement

0 left, 0 joined in 12 months

net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months

Left, latest

Lisa Marie Shive to Raymond James Financial Services Advisors, Inc
Apr 13, 2023 · RIA to affiliated broker-dealer or bank

Joined, latest

Mellio Joseph Sulipeck from Sector Capital Management, L.L.C.
Jan 19, 2023 · Other
Joe David Meals from Consulting Services Group, LLC
Oct 30, 2020 · Other
William Lewis Gurner from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Jeremy Shane Plyler from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Michael David Thompson from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Dennis Ray Plyler from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Lloyd Vernon Crawford from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Kenneth Louis Riffle from Mid Atlantic Financial Management, Inc.
Apr 22, 2020 · Affiliated broker-dealer or bank to a newly registered adviser

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

6 joined from Mid Atlantic Financial Management, Inc.
Jun 1, 2020 · Pittsburgh, Pa

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Vernon Lloyd Crawford · Partnercontrol
since 03/2020 · owns 25% to 50%
Ray Dennis Plyler · Managing Partner & Chief Compliance Officercontrol
since 03/2020 · owns 25% to 50%
David Michael Thompson · Partnercontrol
since 03/2020 · owns 10% to 25%

Related persons

Schedule D 7.A

Financial Consulting Group
LP sponsorreal estatey

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Germantown, Tn · principal	11	3	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

ADV anomalies

1 against comparable advisers; where to look, not conclusions

HNW share shiftChange between filings · filing Feb 3, 2026
HNW share of RAUM moved from 12.0% to 34.0% between the annual amendments of 2025-01-24 and 2026-02-03
peers: independent wealth managers, $500M to $1B (1,483)

How anomalies are measured

What changed

consecutive filings, newest first

Advisory employees · 10 to 11
Aug 27, 2026 to Sep 2, 2026
Employees · 10 to 12
Aug 27, 2026 to Sep 2, 2026
Financial planning clients · 26-50 to 26-50
Aug 27, 2026 to Sep 2, 2026
State-registered IARs · 10 to 11
Aug 27, 2026 to Sep 2, 2026
Succession · false to unset
Aug 27, 2026 to Sep 2, 2026
Accounts · 404 to 442
Jan 6, 2026 to Feb 3, 2026
HNW clients · 187 to 50
Jan 6, 2026 to Feb 3, 2026
Individual clients · 49 to 244
Jan 6, 2026 to Feb 3, 2026
Pension plan clients · 52 to 57
Jan 6, 2026 to Feb 3, 2026
Financial planning clients · 11-25 to 26-50
Jan 6, 2026 to Feb 3, 2026
Discretionary RAUM · $255M to $285M
Jan 6, 2026 to Feb 3, 2026
HNW RAUM · $56.0M to $191M
Jan 6, 2026 to Feb 3, 2026
Individual RAUM · $158M to $97.0M
Jan 6, 2026 to Feb 3, 2026
Non-discretionary RAUM · $203M to $283M
Jan 6, 2026 to Feb 3, 2026
Pension RAUM · $244M to $281M
Jan 6, 2026 to Feb 3, 2026
RAUM · $458M to $568M
Jan 6, 2026 to Feb 3, 2026
Advisory employees · 9 to 10
Jun 9, 2025 to Oct 7, 2025
Employees · 9 to 10
Jun 9, 2025 to Oct 7, 2025
State-registered IARs · 9 to 10
Jun 9, 2025 to Oct 7, 2025
Financial planning clients · 11-25 to 11-25
May 21, 2025 to Jun 9, 2025
Charity clients · 2 to 0
Dec 5, 2024 to Jan 24, 2025
HNW clients · 33 to 187
Dec 5, 2024 to Jan 24, 2025
Individual clients · 132 to 49
Dec 5, 2024 to Jan 24, 2025
Pension plan clients · 46 to 52
Dec 5, 2024 to Jan 24, 2025
Financial planning clients · 51-100 to 11-25
Dec 5, 2024 to Jan 24, 2025
Discretionary RAUM · $168M to $255M
Dec 5, 2024 to Jan 24, 2025
HNW RAUM · $95.4M to $56.0M
Dec 5, 2024 to Jan 24, 2025
Individual RAUM · $33.4M to $158M
Dec 5, 2024 to Jan 24, 2025
Non-discretionary RAUM · $251M to $203M
Dec 5, 2024 to Jan 24, 2025
Pension RAUM · $283M to $244M
Dec 5, 2024 to Jan 24, 2025
RAUM · $419M to $458M
Dec 5, 2024 to Jan 24, 2025
BD registered reps · 1 to 0
Feb 15, 2024 to Oct 22, 2024
Accounts · 338 to 404
Jan 25, 2024 to Feb 15, 2024
Charity clients · 1 to 2
Jan 25, 2024 to Feb 15, 2024
HNW clients · 39 to 33
Jan 25, 2024 to Feb 15, 2024
Individual clients · 99 to 132
Jan 25, 2024 to Feb 15, 2024
Pension plan clients · 59 to 46
Jan 25, 2024 to Feb 15, 2024
Financial planning clients · 26-50 to 51-100
Jan 25, 2024 to Feb 15, 2024
Discretionary RAUM · $139M to $168M
Jan 25, 2024 to Feb 15, 2024
HNW RAUM · $79.6M to $95.4M
Jan 25, 2024 to Feb 15, 2024

Signals

3 dated events

Lisa Marie Shive left Fcg Investment Company for Raymond James Financial Services Advisors, Inc (registered 2023-04-28)
Apr 13, 2023 · Advisor changed firm · fact
Fcg Investment Company reported RAUM $462.5M, up 31% from $353.3M (2021-10-13 to 2022-02-01)
Feb 1, 2022 · RAUM change · derived
Fcg Investment Company filed its initial SEC registration (Form ADV)
Mar 13, 2020 · First SEC registration · fact

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

How to reach

public business contact points only, each with its source

Business phone: 901-309-2680reportedpublished by the firm, firm site, Sep 16, 2026
Website: fcgtn.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 901-309-2681reportedpublic record, Form ADV, Sep 2, 2026

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: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $51.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026