Violation Tracker Parent Company Summary
Parent Company Name:
Reverence Capital Partners
Ownership Structure:
privately held
Headquartered in:
New York
Major Industry:
private equity (including portfolio companies)
Specific Industry:
private equity (including portfolio companies)
Penalty total since 2000:
$57,036,683
Number of records:
48
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| financial offenses | $57,023,603 | 46 |
| consumer-protection-related offenses | $13,080 | 2 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
|---|---|---|
| investor protection violation | $57,023,603 | 46 |
| insurance violation | $13,080 | 2 |
Notes:
Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.
Links:
Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
| Company | Primary Offense Type | Year | Agency |
Penalty Amount |
|---|---|---|---|---|
| Securities America, Inc. | investor protection violation | 2006 | FINRA | $16,300,000 |
| Royal Alliance Associates, SagePoint Financial and FSC Securities Corporation | investor protection violation | 2016 | SEC | $9,500,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2005 | FINRA | $6,600,000 |
| Securities America Advisors Inc. | investor protection violation | 2018 | SEC | $5,828,448 |
| Securities America, Inc. | investor protection violation | 2005 | FINRA | $2,400,000 |
| Woodbury Financial Services, Inc. | investor protection violation | 2014 | MO-SEC | $2,070,000 |
| Securities America Advisors, Inc. | investor protection violation | 2021 | SEC | $1,750,000 |
| Ladenburg Thalmann & Co. | investor protection violation | 2005 | FINRA | $1,200,000 |
| Woodbury Financial Services, Inc. | investor protection violation | 2019 | SEC | $1,171,028 |
| American General Securities, Inc. | investor protection violation | 2006 | FINRA | $1,100,000 |
| KMS Financial Services, Inc. | investor protection violation | 2010 | MT-SEC | $1,025,722 |
| Sagepoint Financial, Inc. | investor protection violation | 2013 | MO-SEC | $816,000 |
| Securities America, Inc. | investor protection violation | 2015 | FINRA | $752,686 |
| Securities America | investor protection violation | 2014 | FINRA | $625,000 |
| Securities America Advisors, Inc. | investor protection violation | 2020 | SEC | $603,776 |
| KMS Financial Services, Inc. | investor protection violation | 2017 | SEC | $552,086 |
| Royal Alliance Associates, Inc. | investor protection violation | 2020 | SEC | $502,400 |
| Royal Alliance Associates, Inc. | investor protection violation | 2009 | SEC | $500,001 |
| Royal Alliance Associates, Inc. | investor protection violation | 2007 | CT-SEC | $500,000 |
| Securities America, Inc. | investor protection violation | 2007 | FINRA | $322,000 |
| Woodbury Financial Services, Inc. | investor protection violation | 2009 | AZ-CC | $250,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2019 | NJ-BOS | $250,000 |
| Securities America, Inc. | investor protection violation | 2011 | FINRA | $250,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2006 | FINRA | $250,000 |
| American General Securities Inc. | investor protection violation | 2010 | MS-SEC | $215,000 |
| American General Securities Incorporated | investor protection violation | 2010 | MULTI-FIN | $215,000 |
| Ladenburg Thalmann Asset Management Inc. | investor protection violation | 2016 | SEC | $200,000 |
| KMS Financial Services Inc. | investor protection violation | 2021 | SEC | $200,000 |
| KMS Financial Services, Inc. | investor protection violation | 2021 | SEC | $200,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2019 | NH-BSR | $190,000 |
| Securities America Inc. | investor protection violation | 2013 | MA-SEC | $150,000 |
| Securities America, Inc. | investor protection violation | 2012 | MT-SEC | $115,000 |
| Securities America Inc. | investor protection violation | 2015 | OR-FIN | $100,000 |
| Woodbury Financial Services, Inc. | investor protection violation | 2009 | SEC | $65,000 |
| Securities America, Inc. | investor protection violation | 2009 | FINRA | $55,000 |
| Securities America, Inc. | investor protection violation | 2016 | NE-DBF | $40,000 |
| SagePoint Financial Inc. | investor protection violation | 2017 | SC-SEC | $40,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2013 | MA-SEC | $25,000 |
| Securities America, Inc. | investor protection violation | 2021 | VA-SEC | $25,000 |
| Securities Services Network, Inc. | investor protection violation | 2002 | FL-OFR | $14,938 |
| Woodbury Financial Services Inc. | investor protection violation | 2004 | TX-SEC | $12,500 |
| Securities America, Inc. | investor protection violation | 2011 | IN-SEC | $11,018 |
| Securities Services Network, Inc. | investor protection violation | 2000 | FL-OFR | $10,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2012 | IL-SEC | $10,000 |
| Woodbury Financial Services, Inc. | insurance violation | 2019 | CA-INS | $8,080 |
| Woodbury Financial Services, Inc. | investor protection violation | 2009 | MO-SEC | $6,000 |
| Royal Alliance Associates, Inc. | investor protection violation | 2007 | MT-SEC | $5,000 |
| Woodbury Financial Services Inc. | insurance violation | 2015 | NY-DFS | $5,000 |
