Defendant Name:
Constellation Wealth Advisors LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
First Republic Bank
SIC Code:
6282
CUSIP:
33616C10
Document Reference:
IA-4505
Document Details
Legal Case Name
In the Matter of Constellation Wealth Advisors LLC
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
25-Aug-2016
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On August 25, 2016, the SEC instituted a settled administrative proceeding against Constellation Wealth Advisors LLC. According to the SEC this matter arises from misstatements made by the company "to certain of its advisory clients, including clients with separately managed accounts invested in F-Squared Investments, Inc.'s ('F-Squared') strategy."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$100,000.00
Shared: