Billy Dewayne Ray

Employer firm

Merrill Lynch, Pierce, Fenner & Smith Incorporated CRD 7691

$1.78T regulatory AUM 16,844 advisory clients

Reported services (Item 5G)

• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars
• PERFORMANCE MEASUREMENT REPORTS, ALLOCATION MODELING, IPS, RESEARCH REPORTS AND SERVICES, SEE SCHEDULE D

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 09/2021 → 01/2023
  Charles Schwab & Co., Inc.
  Westlake, TX
• 02/2001 → 05/2021
  Cigna Healthcare
  Denison, TX
• 01/2023 → 07/2024
  Bank Of America/Merrill Lynch
  Flower Mound, TX
• 06/2025 → 10/2025
  Tapfin/Ey
  Dallas, TX
• 04/2025 → 06/2025
  Unemployed
  Flower Mound, TX
• 07/2021 → 09/2021
  Unemployed
  The Colony, TX
• 05/2021 → 07/2021
  Wentworth Wealth Management
  Frisco, TX
• 07/2024 → 03/2025
  Frenzel Cpa
  Highland Village, TX
• 03/2025 → 04/2025
  Reinfuze
  Lewisville, TX
• 10/2025 → Present
  Merrill Lynch, Pierce, Fenner & Smith Incorporated
  Fort Worth, TX
• 02/2021 → 02/2021
  Lowes
  Sherman, TX
• 08/2018 → 09/2018
  Belk, Inc.
  Sherman, TX
• 12/2025 → Present
  Bank Of America, N.A.
  Fort Worth, TX

Previous Registrations

• 2025-06-04 → 2025-10-30
  Ernst & Young Investment Advisers Llp
  Flower Mound, TX
  Dallas, TX
• 2023-03-16 → 2024-07-12
  Merrill Lynch, Pierce, Fenner & Smith Incorporated
  Flower Mound, TX
  New York, NY
  Frisco, TX
  Flower Mound, TX

Exams

• S66 Uniform Combined State Law Examination
  2023-03-15
• S63 Uniform Securities Agent State Law Examination
  2022-08-09

Other Names

• Billy Dewayne Ray
• Billy Ray
• Billy Dewayne Ray
• Billy Dewayne Ray