Defendant Name: Fusion Investment Advisors LLC, d/b/a Coppell Advisory Solutions, LLC and Fusion Capital Management

Defendant Type: Other

Document Reference: IA-6725-s

Document Details

Legal Case Name In the Matter of Fusion Investment Advisors LLC d/b/a Coppell Advisory Solutions, LLC and Fusion Capital Management
Document Name SEC Charges Dallas-Based Investment Adviser for Disclosure Failures Concerning Conflicts of Interest and Fee Calculations
Document Date 24-Sep-2024
Document Format Administrative Proceeding
File Number 3-22171
Allegation Type Investment Advisers/Investment Companies
Document Summary On September 24, 2024, the SEC "announced settled charges against registered investment adviser Fusion Investment Advisors LLC, d/b/a Coppell Advisory Solutions, LLC and Fusion Capital Management, for breaches of its fiduciary duty relating to Fusion's false and misleading disclosures relating to its receipt of certain compensation and its fee calculations."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured
Monetary Penalties:

Disgorgement

Individual:     $94,412.35 Shared:    

Civil Penalty

Individual:     $150,000.00 Shared:    

Pre-Judgment Interest

Individual:     $14,054.00 Shared:    

Related Documents:

IA-6725 24-Sep-2024 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 24, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against Fusion Investment Advisors LLC d/b/a Coppell Advisory Solutions, LLC and Fusion Capital Management, stating: "These proceedings arise out of the failure of Fusion, a registered investment adviser, to fully and fairly disclose material facts and conflicts of interest with respect to its receipt of certain compensation, as well as material facts regarding its fee calculations."