{
  "crd_number": 114822,
  "slug": "financial-planning-services-the-woodlands-tx-114822",
  "primary_business_name": "FINANCIAL PLANNING SERVICES",
  "legal_name": "STEPHEN LEWIS GRAY",
  "dbas": [],
  "city": "The Woodlands",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2011-08-16",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-01-02",
  "carried_forward": false,
  "raum_total": 106000000.0,
  "raum_discretionary": 106000000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 106000000.0,
      "count": 44
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [
    "https://stephengrayfp.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114822",
  "city_as_filed": "THE WOODLANDS",
  "url": "https://advisorcensus.com/firm/financial-planning-services-the-woodlands-tx-114822",
  "display_name": "Financial Planning Services",
  "summary": "Financial Planning Services is a state-registered investment advisory firm in The Woodlands, TX, registered since 2011, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 2, 2026.",
  "citation": "AdvisorCensus. Financial Planning Services (CRD 114822): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Planning Services compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Planning Services reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Financial Planning Services located?",
      "a": "Financial Planning Services' principal office is in The Woodlands, TX, according to its Form ADV."
    },
    {
      "q": "Is Financial Planning Services registered with the SEC or a state?",
      "a": "Financial Planning Services is a state-registered investment advisory firm, registered since 2011. Status as filed: APPROVED. CRD 114822."
    },
    {
      "q": "How much does Financial Planning Services manage?",
      "a": "Financial Planning Services reports $106,000,000 in regulatory assets under management in its Form ADV filing dated January 2, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Financial Planning Services serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (44)."
    },
    {
      "q": "Does Financial Planning Services report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/114822"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/financial-planning-services-the-woodlands-tx-114822.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 44,
      "fewer_than_5": false,
      "raum": 106000000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/114822",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}