Charles L. Ray

SUMMIT FINANCIAL WEALTH ADVISORS

Monroe, LA 71201

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CRD#: 1836197

Professional summary

Charles Louis Ray JR, who also goes by Charles Lovis Ray Jr, Lou Ray, Louie Ray, is a registered financial advisor currently at SUMMIT FINANCIAL WEALTH ADVISORS located in Monroe, Louisiana.

Charles is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1988. Charles has worked at 6 firms and has passed the Series 66, Series 63 and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Charles Lovis Ray Jr | Lou Ray | Louie Ray

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

(1)CLR Inc., owner. CLR has 12% ownership in Southern Asset Management which is the management company for Summit Financial Wealth Advisors. (2)Personal investment in 2 family partnerships (Chacalouca LLC and Lorana LLC) - Sole source of revenue from both entities consist of dividends, interest and timber sales.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Charles Louis Ray JR's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

October 5, 2015 - Present

SUMMIT FINANCIAL WEALTH ADVISORS

Office #1: 1890 Hudson Circle Suite 1, Monroe, LA 71201

RIA

CRD#: 171278

Monroe, LA

Past

January 25, 2011 - March 24, 2015

FIDUCIARY INVESTMENT CONSULTANTS, LLC

RIA

CRD#: 155148

MONROE, LA

Past

August 30, 2002 - October 13, 2015

FPL ASSET MANAGEMENT, LLC

RIA

CRD#: 122442

MONROE, LA

Past

February 15, 2001 - April 30, 2001

NT SECURITIES LLC

CRD#: 45694

CHICAGO, IL

Past

May 27, 1988 - April 16, 1990

IDS LIFE INSURANCE COMPANY

CRD#: 6321

Past

May 25, 1988 - April 16, 1990

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

SUMMIT FINANCIAL WEALTH ADVISORS

SUMMIT FINANCIAL WEALTH ADVISORS | SUMMIT FINANCIAL WEALTH ADVISORS, LLC

CRD#: 171278 / SEC#: 801-79686

RIA

Registered Investment Advisory firm - (5/21/2014 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Louisiana
(10/13/2015)

IAR

Texas
(10/5/2015)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 66

Date: 11/1/2000

Uniform Combined State Law Examination

State Security Law Exam

Series 63

Date: 5/27/1988

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7

Date: 2/14/2001

General Securities Representative Examination

Current Firm

SUMMIT FINANCIAL WEALTH ADVISORS

SUMMIT FINANCIAL WEALTH ADVISORS | SUMMIT FINANCIAL WEALTH ADVISORS, LLC

CRD#: 171278 / SEC#: 801-79686

RIA

Registered Investment Advisory firm - (5/21/2014 Approved)

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Contact information

Main Address

1021 E. St. Mary Blvd., Lafayette, LA 70503

Mailing Address

P O Box 53007, Lafayette, LA 70505

Phone number

(337) 232-1141

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (13 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

SUMMIT FINANCIAL WEALTH ADVISORS DISCLOSURE BROCHURE (3/21/2025)

Regulatory assets under management

Total Number of Accounts	2,620
AUM (Assets Under Management)	$ 1,421,450,420

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Charles L. Ray

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Charles Louis Ray JR's CRS (Customer Relationship Summary).

Certified licenses

Experience

FIDUCIARY INVESTMENT CONSULTANTS, LLC

FPL ASSET MANAGEMENT, LLC

NT SECURITIES LLC

IDS LIFE INSURANCE COMPANY

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

SUMMIT FINANCIAL WEALTH ADVISORS

State Registrations and Notice Filings

Exams

Series 66

Date: 11/1/2000

Series 63

Date: 5/27/1988

Series 7

Date: 2/14/2001

Current Firm

SUMMIT FINANCIAL WEALTH ADVISORS

Contact information

SEC notice filing (13 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

SUMMIT FINANCIAL WEALTH ADVISORS

TRUST BUT VERIFY

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