Gerald L. Ray, CFA
Founder and Chairman

A Chartered Financial Analyst and one of the Southwest's most respected investment advisors, Gerald Ray has more than 35 years of experience managing wealth for both organizations and private investors. He is a member of the Association for Investment Management and Research and the Investment Company Institute, as well as Past Co-Chair of the National Conference for Investment Analysts. Mr. Ray holds an M.B.A. from the Wharton School of Finance and a B.B.A. from Texas A&M University.

In 2011, Mr. Ray was honored as a finalist for the Investment News Mentoring Excellence Award. He was featured in the Dallas Morning News and TD Ameritrade's Advisor Solutions Magazine for his co-founding of "Aggies on Wall Street," a mentoring program that inspired several other institutions around the nation to implement similar programs. During that year, Mr. Ray also received Texas A&M's Distinguished Alumni Award. In 2012, he was nominated as a Five Star Professional Wealth Manager by his peers. The publishers of Texas Monthly and Five Star Professional partnered to find wealth managers who satisfy ten objective eligibility and evaluation criteria such as client retention rates, client assets administered and favorable regulatory and complaint history.

Joseph H. Ray, J.D.
President

Joseph H. Ray formerly practiced corporate and securities law with a leading Dallas firm. Today, he combines the analytical skills developed in his legal practice with a common-sense approach to investing. Joe has over 20 years of experience in equity and fixed income analysis and portfolio management. He is a member of the Texas Bar Association. Joe was named a Five Star Professional Wealth Manager in 2012, 2013 and 2014. This nomination features a select group of wealth managers representing less than four percent of the wealth managers in the Dallas/Forth Worth region. His 2012 nomination can be found in August's edition of Texas Monthly. Joe earned his J.D. from the University of Texas at Austin and his B.B.A. from Emory University. He has been married to Alyson since 1990 and they have three daughters, Katie, Becca and Lexi.

Michael H. Kane, CFA
Executive Vice President — Portfolio Manager

Michael Kane began his investment career in 1988 working as a market maker at the Chicago Board Options Exchange. In 1991 he joined Weisberg & Fields, Inc. Investment Advisors where he obtained over 20 years experience in securities analysis and portfolio management. During that time, he earned the designation of Chartered Financial Analyst and went on to serve as President and Chief Investment Officer. Mr. Kane is a member of the CFA Society of Dallas - Ft Worth where he served 5 years as treasurer. He also serves as a member of the investment committees of the Dallas Jewish Community Foundation and the Endowment Foundation for the Dallas Home for Jewish Aged. He obtained an M.B.A. from Southern Methodist University and a B.S. in Finance from Babson College.

Michael R. Beck
Executive Vice President — Portfolio Manager/Marketing Manager

Michael Beck has over 20 years of experience in the financial industry. He joined Gerald L. Ray & Associates, Ltd. in 1999 as a portfolio manager. Mr. Beck brings expertise working with high net worth individuals and families, business owners, foundations, and retirement accounts. He builds custom portfolios driven by his clients' objectives, utilizing individual stocks, bonds, and exchange-traded funds. Michael developed GLR's 401(k) plan platform using all exchange- traded funds. Through our firm's 401(k) services, he offers advisor managed portfolios coupled with participant education to increase plan efficiency and participation.

Prior to joining the firm, Mr. Beck worked as an investment banker for a regional Dallas securities firm. He has also served as an executive and financial officer for several companies. He received a B.A. in Economics and Business Administration from Vanderbilt University.

Leslie J. Reynoso
Wealth Management & 401(K) Plan Advisor

Leslie J. Reynoso joined Gerald L. Ray & Associates, Ltd. in May 2011. She builds custom portfolios driven by her clients' objectives, utilizing individual stocks, bonds, and exchange-traded funds. She has played an integral role to the development of our company's 401(k) services platform and primarily focuses on all aspects of this service. Ms. Reynoso serves as the liason between the company plan sponsors, third party administrator, and GLR to provide seamless transition for our 401(k) clients. Ms. Reynoso continues to develop new client relationships serving as the primary contact with our referral network partners. She is also an associate within the marketing department.

Leslie graduated from Southern Methodist University in 2011 with honors, earning both a B.B.A. in Finance and a B.A. in Spanish. She holds a Series 65 license to qualify her as an investment adviser representative. She is a level II CFA Candidate.

Lynette L. Heil, CPA
Chief Financial Officer / Chief Compliance Officer

Lynette joined Gerald L. Ray and Associates, Ltd. in 2010. She is a Certified Public Accountant with over 20 years of experience. Prior to joining the firm, she was a Director in both the Sarbanes Oxley and Financial Consulting Practice with Tatum LLC. She earned a B.B.A. in Accounting from Texas State University.

Marcia Talbott
Bookkeeper

Marcia Talbott joined Gerald L. Ray & Associates, Ltd. in 1988. She brings accounting knowledge and expertise from her previous employment in the insurance industry. Mrs. Talbott is primarily responsible for maintaining accounts payable for the company and personal bookkeeping records for clients. She received a B.S. in Accounting from the University of Missouri.

Vicki Smiley
Operations Manager

Vicki Smiley obtained a B.B.A. in Finance and a B.B.A. in Economics from Texas Tech University in 1992 and received her M.A. in Economics at the University of Texas at Arlington in 2005. In 1993, Mrs. Smiley joined the Operations Department of Gerald L. Ray & Associates, Ltd. and was appointed Operations Manager in 1996. She acts as liaison between clients and brokers in opening and transferring custodian accounts, calculates performance numbers, prepares quarterly and annual meeting reports for clients, and is involved with account reconciliation.

Cyndi Shackelford
Operations

Cyndi Shackelford has over 20 years of experience in the investment industry. She oversees the reconciliation of accounts at Gerald L. Ray & Associates, Ltd. which includes the movement of money and securities, transition of new accounts, posting of trades and maintenance for performance reporting. Prior to joining the firm in 1998, she held similar positions in the Operations Department of Rauscher Pierce Refsnes, Inc., Southwest Securities Inc. and Principle Financial Securities.

Janet Thomas
Administrative Assistant

Janet Thomas has been an Administrative Assistant at Gerald L. Ray & Associates, Ltd. since 2001. She assists the Chief Compliance Officer, maintains the master filing system, assists with the client billing process and performs duties related to general office management. Mrs. Thomas has over 20 years of administrative experience working in other industries.

Christi Austin
Accounting Associate

Christi Austin joined Gerald L. Ray & Associates, Ltd. In September 2014.  Her past experience includes over 10 years of financial reporting and office management for a variety of retail and wholesale companies.  Her primary responsibilities include assisting with day to day accounting and compliance issues.   She received her Bachelors Degree in Finance from the University of North Texas.