SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

         Date of report (date of earliest event reported): June 1, 2005

                        FINANCIAL INDUSTRIES CORPORATION
               (Exact name of Registrant as specified in charter)

     Texas                           0-4690                      74-2126975
(State or other jurisdiction (Commission file number)         (I.R.S. employer
 of incorporation)                                           identification no.)


                      6500 River Place Blvd., Building One
                               Austin, Texas 78730
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (512) 404-5000


Former name or former address, if changed since last report - Not Applicable

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))



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     Item 7.01 Regulation FD Disclosure

     On June 2, 2005, the Registrant  issued a press release  announcing  that a
     subsidiary of the  Registrant  completed the sale of River Place Pointe,  a
     commercial   office  building   project  located  in  Austin,   Texas.  The
     transaction closed on June 1, 2005.

     A copy of the press  release  issued  by the  Registrant  on June 2,  2005,
     announcing the foregoing information is attached hereto as Exhibit 99.1.



     Item 9.01  Financial Statements and Exhibits.

          Exhibits.

               99.1 Text of  press release  of Financial Industries Corporation,
                    dated June 2, 2005.



                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                        FINANCIAL INDUSTRIES CORPORATION


Date: June 3, 2005                      By: /s/ J. Bruce Boisture
                                           _____________________________________
                                           J. Bruce Boisture
                                           Chief Executive Officer and
                                           President



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