# Financial Planning Services

> 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.

- CRD: 114822
- Filed as: FINANCIAL PLANNING SERVICES
- Legal name: Stephen Lewis Gray
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: The Woodlands, TX
- Filing period: October 2026
- Form ADV filing dated: January 2, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/114822
- AdvisorCensus page: https://advisorcensus.com/firm/financial-planning-services-the-woodlands-tx-114822

## Quick answers

**How is Financial Planning Services compensated?**
On its Form ADV (Item 5.E, October 2026), Financial Planning Services reports these compensation arrangements: a percentage of assets under its management.

**Where is Financial Planning Services located?**
Financial Planning Services' principal office is in The Woodlands, TX, according to its Form ADV.

**Is Financial Planning Services registered with the SEC or a state?**
Financial Planning Services is a state-registered investment advisory firm, registered since 2011. Status as filed: APPROVED. CRD 114822.

**How much does Financial Planning Services manage?**
Financial Planning Services reports $106,000,000 in regulatory assets under management in its Form ADV filing dated January 2, 2026 (100% discretionary).

**What types of clients does Financial Planning Services serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (44).

**Does Financial Planning Services report any disciplinary disclosures?**
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

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $106,000,000
- Discretionary: $106,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 44 | $106,000,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2011 (15 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- stephengrayfp.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Planning Services (CRD 114822): Form ADV filing data as of October 2026.