Paul A. Spann

Some features on this profile are disabled

CRD#: 722781

Professional summary

Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Paul Allison Spann, AIF® was a registered financial professional .

Paul is a previously registered financial professional and started their career in finance in 1981. Paul had worked at 3 firms and has passed the Series 65, Series 63, Series 99TO, Series 79TO, Series 72, SIE, Series 5, Series 7, Series 53 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Aliases

None

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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

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

AIF^®

Accredited Investment Fiduciary

Experience

Past

June 18, 1997 - December 31, 2023

LIEBLONG & ASSOCIATES, INC.

CRD#: 42578

LITTLE ROCK, AR

Past

March 12, 1993 - July 3, 1997

UBS FINANCIAL SERVICES INC.

CRD#: 8174

WEEHAWKEN, NJ

Past

October 20, 1987 - December 31, 2023

LIEBLONG & ASSOCIATES, INC.

RIA

CRD#: 42578

LITTLE ROCK, AR

Past

January 19, 1981 - March 16, 1993

MORGAN STANLEY DW INC.

CRD#: 7556

PURCHASE, NY

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".

LIEBLONG & ASSOCIATES, INC.

KEY COLONY MANAGEMENT, LLC ("RELYING ADVISER") | LONG ASSOCIATES INC. | LIEBLONG & ASSOCIATES, INC.

CRD#: 42578 / SEC#: 801-78968, 8-49880

RIA

Registered Investment Advisory firm - SEC (1/2/2014 Approved)

Arkansas

Registered Investment Advisory firm - SEC (1/23/2014 Terminated)

Texas

Registered Investment Advisory firm - SEC (1/23/2014 Terminated)

Broker-Dealer Firm Regulated by FINRA (New Orleans district office)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

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

Visual representation of state registrations

This advisor is not registered in any state.

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 65

Date: 12/1/1994

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 2/6/1981

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 99TO

Date: 1/2/2023

Operations Professional Examination

General Industry/Product Exam

Series 79TO

Date: 1/2/2023

Investment Banking Registered Representative Examination

General Industry/Product Exam

Series 72

Date: 1/2/2023

Government Securities Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 5

Date: 12/11/1982

Interest Rate Options Examination

General Industry/Product Exam

Series 7

Date: 1/17/1981

General Securities Representative Examination

Principal/Supervisory Exam

Series 53

Date: 7/24/2003

Municipal Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 1/25/2001

General Securities Principal Examination

Current Firm

LIEBLONG & ASSOCIATES, INC.

KEY COLONY MANAGEMENT, LLC ("RELYING ADVISER") | LONG ASSOCIATES INC. | LIEBLONG & ASSOCIATES, INC.

CRD#: 42578 / SEC#: 801-78968, 8-49880

RIA

Registered Investment Advisory firm - SEC (1/2/2014 Approved)

Arkansas

Registered Investment Advisory firm - SEC (1/23/2014 Terminated)

Texas

Registered Investment Advisory firm - SEC (1/23/2014 Terminated)

Broker-Dealer Firm Regulated by FINRA (New Orleans district office)

Upgrade to AdvisorCheck Premium

Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.

Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.

See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address

10809 Executive Center Drive Suite 117, Little Rock, AR 72211

Mailing Address

P.o. Box 24520, Little Rock, AR 72221

Phone number

(501) 219-2003

Established

Arkansas since 04/01/1996

Firm type

Corporation

Fiscal year end

September

Firm Size

Small

# of Employees

SEC notice filing (1 States and Territories)

FINRA licenses (30 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Customer Relationship Summary (CRS / FINRA)

Latest Form ADV

Part 2 Brochures

PART 2A OF FORM ADV (1/2/2025)

Direct owners and executive officers

Name	Position	CRD#
LIEBLONG, ALEX RAY	PRESIDENT/CHIEF EXECUTIVE OFFICER, LIEBLONG & ASSOCIATES, INC.	839906
FIVEASH, VALERIE M	VICE PRESIDENT	7229314
LIEBLONG, JASON RAY	VICE PRESIDENT, LIEBLONG & ASSOCIATES, INC.	2366644
WILLIAMS, MARY ELLEN	VP/CFO/FINOP/SEC/TREAS/CCO/OPTIONS PRINCIPAL/MUNI PRINCIPAL, LIEBLONG & ASSOCIATES, INC.	4529272

Regulatory assets under management

Total Number of Accounts	123
AUM (Assets Under Management)	$ 174,237,704

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
11/24/2025	Cover Page	Report
09/24/2024	Cover Page	Report
10/11/2023	Cover Page	Report

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.

Similar Advisors

Stephen Zahka

EDWARD JONES

IAR

Marlborough, MA

Frank Moore

UBS FINANCIAL SERVICES INC.

IAR

Greenwich, CT

Marshall Rosen

OSAIC WEALTH, INC.

IAR

Fort Lauderdale, FL

We're Here To Help

Advisor Monitoring

Firm Stability Insights

Paul A. Spann

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary)

Certified licenses

Experience

UBS FINANCIAL SERVICES INC.

LIEBLONG & ASSOCIATES, INC.

MORGAN STANLEY DW INC.

Primary Firm SEC Registration

LIEBLONG & ASSOCIATES, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 12/1/1994

Series 63

Date: 2/6/1981

Series 99TO

Date: 1/2/2023

Series 79TO

Date: 1/2/2023

Series 72

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 5

Date: 12/11/1982

Series 7

Date: 1/17/1981

Series 53

Date: 7/24/2003

Series 24

Date: 1/25/2001

Current Firm

LIEBLONG & ASSOCIATES, INC.

Contact information

SEC notice filing (1 States and Territories)

FINRA licenses (30 States and Territories)

Documents

Part 2 Brochures

Direct owners and executive officers

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

LIEBLONG & ASSOCIATES, INC.

TRUST BUT VERIFY

Similar Advisors