Tr?id=566623520170033&ev=PageView&noscript=1

Next Level Holdings and Yield Wealth Under Federal and State Investigation

Posted on January 3rd, 2025 at 12:06 PM
Next Level Holdings and Yield Wealth Under Federal and State Investigation

From the desk of Jim Eccleston at Eccleston Law

Federal and state authorities are investigating Next Level Holdings and Yield Wealth, two investment firms accused of offering high-yield financial products now facing significant turmoil, according to the Wall Street Journal. The Securities and Exchange Commission (SEC) issued subpoenas to individuals involved with the firms in late November, and multiple state securities regulators have launched parallel inquiries.

The Miami- and Medellín-based operations raised tens of millions of dollars in 2023 and 2024 by promising annual returns as high as 15 percent. Despite those assurances, Next Level ceased interest payments and announced a wind-down in November, while Yield Wealth closed its doors in September.

The Wall Street Journal reports that at the center of the controversy is Paul Regan, CEO of Next Level, who has been barred from the securities industry for life since 2004.

Wall Street Journal also reports that both firms are under scrutiny for their promises of outsized returns, which many regulators view as red flags for potential fraud. The investigations will likely focus on asset management practices, misrepresentations to investors, and potential violations of securities laws.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.

Allan and Adele

LATEST NEWS AND ARTICLES

1777047237 Law
April 24, 2026
Geopolitical Tensions Prompt Wealth Advisors to Rethink Dubai Strategies

Recent geopolitical developments have forced wealth advisors to reassess client exposure to Dubai, a jurisdiction that has attracted significant ultra-high-net-worth capital over the past decade.

1776963542 Law
April 23, 2026
Advisor Recruiting Surges in 2025 as Industry Movement Reaches New Highs

Advisor movement across the wealth management industry accelerated sharply in 2025, with 11,172 experienced financial advisors changing firms, according to reporting by Wealth Management citing the latest Advisor Transition Report from Diamond Consultants.

1776796402 Law
April 21, 2026
DOL Proposal on Alternative Assets in 401(k)s Faces Cautious Reception

The U.S.