{"url":"https://nivawealth.com/firms/fpl-capital-management-117499","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/117499","regulatoryAum":1082665992,"crd":"117499","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2162546","suffix":null,"lastName":"GEORGE","firstName":"MICHAEL","middleName":"DAVID"},{"crd":"6456798","suffix":null,"lastName":"HARRELL","firstName":"AMANDA","middleName":"PALAMONE"},{"crd":"5611570","suffix":null,"lastName":"WIJEWEERA","firstName":"VIRAJITH","middleName":"YAMINDA"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-01-19","regulatoryAum":594079484,"clients":182,"employees":3,"offices":1},{"filedOn":"2022-07-27","regulatoryAum":582055320,"clients":209,"employees":3,"offices":1},{"filedOn":"2023-02-09","regulatoryAum":562959408,"clients":231,"employees":3,"offices":1},{"filedOn":"2024-01-22","regulatoryAum":669114876,"clients":221,"employees":3,"offices":1},{"filedOn":"2025-01-14","regulatoryAum":885155184,"clients":258,"employees":3,"offices":1},{"filedOn":"2026-01-15","regulatoryAum":1082665992,"clients":324,"employees":5,"offices":1}],"secFileNumber":"801-78875","legalName":"FPL Capital Management, LLC","displayName":"FPL Capital Management","slug":"fpl-capital-management-117499","website":"https://fplcm.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/fpl-capital-management","xUrl":"https://twitter.com/fplcapital?lang=en","founded":null,"organization":"Louisiana limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3525 North Causeway Boulevard, Suite 633","city":"Metairie","state":"LA","stateName":"Louisiana","country":"United States","postalCode":"70002"},"tradeNames":[],"registration":{"secApproved":"2 January 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":3142020.063432836,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1082665992,"discretionary":789326121,"discretionaryAccounts":905,"nonDiscretionary":293339871,"nonDiscretionaryAccounts":146,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":89,"regulatoryAum":18790558},{"label":"High-net-worth individuals","clients":179,"regulatoryAum":823270819},{"label":"Pension and profit-sharing plans","clients":56,"regulatoryAum":231401159},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":9203456}],"feePrograms":[{"role":"other","program":"Financial Planning and Consulting","summary":"Billed at $250 an hour for non-discretionary Asset Management clients; included at no added fee for discretionary Wealth & Asset Management clients.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1002120","versionId":1002120,"submittedOn":"2026-01-15","documentName":"FPL CAPITAL MANAGEMENT - FORM ADV PART 2A - FIRM BROCHURE"},{"role":"other","program":"Portfolio Reporting","summary":"A flat annual fee for portfolio reporting on accounts FPL does not manage, depending on the number of accounts, transactions and securities.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1002120","versionId":1002120,"submittedOn":"2026-01-15","documentName":"FPL CAPITAL MANAGEMENT - FORM ADV PART 2A - FIRM BROCHURE"},{"role":"other","program":"Wealth & Asset Management","summary":"Annual fee of $5,000 to $15,000; in certain situations 0.70% of assets under management until the annual fee reaches the level's maximum, not to exceed $15,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1002120","versionId":1002120,"submittedOn":"2026-01-15","documentName":"FPL CAPITAL MANAGEMENT - FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T06:21:43.633324+00:00","documents":[{"name":"FPL CAPITAL MANAGEMENT - FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1002120","versionId":1002120,"submittedOn":"2026-01-15"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":442995866},{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":371609766}],"custodyNote":"FPL Capital Management has custody of $153M in client assets for 89 clients.","otherCustodians":[],"leadership":[{"name":"Michael George","title":"President","crd":"2162546"},{"name":"Virajith Wijeweera","title":"Director of Operations/ Chief Compliance Officer","crd":"5611570"}],"ownership":[{"label":"Michael George","detail":"President in the 75% or more ownership band and a control person, since September 1997."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Louisiana","offices":1,"addresses":[{"street":"3525 North Causeway Boulevard, Suite 633","city":"Metairie","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"504-828-1969","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"Non-exchange-traded equity securities","percent":18},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":65},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"15 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/117499/PDF/117499.pdf","brochureDate":"15 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1002120","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does FPL Capital Management have?","answer":"FPL Capital Management has 324 clients and manages $1.08 billion for them, as of January 2026. They include 179 high-net-worth individuals, 89 individual clients, and 56 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 15 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does FPL Capital Management offer?","answer":"FPL Capital Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does FPL Capital Management use?","answer":"FPL Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $443M and Fidelity Distributors Company LLC (Boston, MA), with $372M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does FPL Capital Management have?","answer":"FPL Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does FPL Capital Management invest in?","answer":"At the end of its last fiscal year, FPL Capital Management’s separately managed accounts held 65% registered funds (mutual funds, ETFs, BDCs), 18% non-exchange-traded equities, 10% exchange-traded equities, 5% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns FPL Capital Management?","answer":"FPL Capital Management’s direct owner is Michael George (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 15 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does FPL Capital Management get paid?","answer":"FPL Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact FPL Capital Management?","answer":"FPL Capital Management’s main office is at 3525 North Causeway Boulevard, Suite 633, Metairie, LA 70002. Its phone number is 504-828-1969. Its website is fplcm.com.","source":"Form ADV Part 1A, Item 1.F, filed 15 January 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}