TCU '70

William L. Gray, Jr.


About W.L.

W.L. Gray founded Goodpasture Gray, an S.E.C. Registered Investment Advisory Firm, in 1997 to service a discerning clientele that requires generational investment advice for portfolios using asset allocation. He is Principal of Goodpasture Gray with offices in Houston and Nashville.

He has more than 43 years of Wall Street experience serving as a Senior Vice President of major Wall Street firms, most notably Drexel Burnham Lambert and Kidder Peabody, in both New York and Texas. His institutional clientele consisted of both foreign and domestic accounts which gave W. L. an excellent understanding of the effects of the global economy on many different market structures worldwide.

W.L. became a member of Texas Zeta Chapter of Phi Delta Theta at Texas Christian University. Through the years he has devoted much of his time to the advancement of the Fraternity. During his time in Austin, he helped resurrect both the local alumni club and the chapter at The University of Texas at Austin. He has served as chairman of the Chapter Advisory Board and was named the University’s Chapter Adviser of the Year. W. L. was appointed a Trustee of the Phi Delta Theta Foundation in 2003. He became Chairman of the Board in January of 2007 and served in that position through 2013. W.L. currently serves as Chairman of the Live Like Lou Foundation.

Mr. Gray’s past service has been on the Board of Trustees of St. Paul’s United Methodist church of Houston’s Foundation and as a member of the Board of Visitors for the McDonald Observatory. He has also served on the Board of Directors of the South Texas Chapter of the Amyotrophic Lateral Sclerosis (ALS) Association, the Texas ALS Association and the Board of Advisors of the University Of Texas College Of Natural Science.

He has been an instrument rated private pilot since 1970 and enjoys using his own airplane to meet with valued friends and clients. He is a member of Angel Flight and HSEAT (Homeland Security Emergency Air Transport). Following Hurricanes Katrina and Rita, he took a very active role flying his own plane throughout Texas reuniting families whose members had been separated from one another and flying medical supplies back to the affected Gulf Coast region.

W.L. and his wife Lynn live in Nashville. They have two daughters, Katherine and Shannon, and three sons, Sean, Will and Kyle.