FPL Capital Management, LLC logo

FPL Capital Management, LLC

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Client assets under management

$842,061,377

Clients

268

67% high-net worth

Advisors

3

of 5 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

89

High

Average account size

$3,142,020

About

FPL Capital Management provides investment advisory services to individuals, high‑net‑worth clients, trusts, retirement plans, and business entities, delivering wealth and asset management alongside financial planning and pension consulting. The firm offers both discretionary portfolio management using customized and model portfolios and non‑discretionary planning and consulting engagements when requested.

The firm emphasizes a passive, globally diversified investment approach implemented through model portfolios constructed with passive and actively managed index funds and guided by Modern Portfolio Theory and long‑term buy‑and‑hold principles. FPL Capital uses third‑party data sources such as YCharts, Morningstar, FastTrack, and Fi360 for fund analysis, maintains custodial relationships with major custodians, and provides participant education and risk‑tolerance assessments for retirement plan clients.

FPL Capital is notable for managing approximately $1.08 billion in client assets across three advisory professionals, producing a relatively high AUM per advisor compared with peers. Its client outreach and marketing materials include client testimonials and references to third‑party ratings, and the firm pairs model‑based, back‑tested asset allocation work with quarterly monitoring reports and participant enrollment support for plan sponsors.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Passive / index investing Wealth management General tax planning

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Portfolio reporting for non-managed accounts at flat annual fee; One-time setup fees for pension plans based on participant count ($7,500-$17,500 base plus $100 per participant)

Percentage

$0 - $357,000: 0.70% $357,000 - $5,000,000: 0.70% $5,000,000 - $10,000,000: tiered rates with max annual fees (see details) $10,000,000 - $15,000,000: tiered rates with max annual fees (see details) $15,000,000+: tiered rates with max annual fees (see details)

Project-based

Financial planning and consulting at $250/hour; consulting for pension plans at $150/hour

Other

Account minimum: $500,000 Minimum fee: Annual fee ranges from $5,000 to $15,000 depending on service level Fee-only: Fee-only firm compensated solely by advisory fees

Main office location

FPL Capital Management, LLC

3525 North Causeway Boulevard, Suite 633

Metairie LA 70002, United States

Number of offices

1

Most active in

Arizona · California · Colorado · Florida · Georgia · Illinois · Kentucky · Louisiana · Massachusetts · Missouri · North Carolina · Pennsylvania · Texas · Utah

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Amanda H

Series 66

Metairie, LA

FPL Capital Management, LLC

Amanda Harrell is a financial advisor at FPL Capital Management, LLC with 10 years of industry experience. She holds a Series 66 designation and has worked at FPL Capital since 2017, following two years at Morgan Stanley. FPL Capital Management provides investment advisory services to individuals, high-net-worth clients, trusts, retirement plans, and business entities. The firm employs a passive, globally diversified investment strategy using both customized and model portfolios, guided by Modern Portfolio Theory and long-term buy-and-hold principles.

Passive / index investing Wealth management General tax planning Founder/Business Owner Retired
user avatar

Virajith W

Series 65

Metairie, LA

FPL Capital Management, LLC

Virajith Wijeweera is a financial advisor at FPL Capital Management, LLC with 17 years of industry experience. He holds the Series 65 designation and has been with FPL Capital Management since 2004. FPL Capital Management provides investment advisory services to individuals, high-net-worth clients, trusts, retirement plans, and business entities. The firm employs a passive, globally diversified investment approach using model portfolios guided by Modern Portfolio Theory and long-term buy-and-hold principles.

Passive / index investing Wealth management General tax planning Founder/Business Owner Retired
user avatar

Michael G

Series 63, Series 65

Metairie, LA

FPL Capital Management, LLC

Michael George is a financial advisor at FPL Capital Management, LLC with 13 years of industry experience. He holds Series 63 and Series 65 licenses and has been with FPL Capital Management since 1997. Outside of his advisory role, he serves as Vice President of W.J. George & Co. Inc., a consulting firm, and is a director at George Properties, LLC, a real estate development and management company. FPL Capital Management provides investment advisory services to individuals, high-net-worth clients, trusts, retirement plans, and business entities, using a passive, globally diversified investment approach based on Modern Portfolio Theory and long-term buy-and-hold principles.

Passive / index investing Wealth management General tax planning Founder/Business Owner Retired
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