SEACREST WEALTH MANAGEMENT, LLC of PURCHASE, NY is an SEC-registered investment adviser (CRD 147092). Regulatory assets under management: $1.5B.
Compensation: % of AUM, Hourly, Fixed.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities.
| Name | Role | Location |
|---|---|---|
| RAJESH KUMAR GUPTA | PARTNER EMERITUS | PURCHASE, NY |
| Edward Malachy Sullivan | PRESIDENT, MANAGING MEMBER | — |
| Ronald R Lenihan | MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER | — |
| Steven Howard Hemric | CHIEF FINANCIAL OFFICER | — |
| GUPTA ACHAL KUMAR | EXECUTIVE OFFICER; MANAGING MEMBER; MANAGING PARTNER (+2 more) | — |
| SULLIVAN EDWARD MALACHY | CHIEF COMPLIANCE OFFICER; MANAGING MEMBER; PRESIDENT/CHIEF COMPLIANCE OFFICER (+3 more) | — |
| SANCHEZ RICHARD RAYMOND | EXECUTIVE OFFICER; MANAGING MEMBER; MANAGING PARTNER (+1 more) | — |
| LENIHAN RONALD R | EXECUTIVE OFFICER; MANAGING MEMBER; MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER (+2 more) | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2024-12-12 | regulatory | FAILURE TO IMPLEMENT POLICIES AND PROCEDURES AROUND SUPERVISION OF ADVISORY PERSONS' TRADING ACTIVITY, RESULTING IN AN ADVISORY PERSON CHERRY-PICKING FAVORABLE TRADES FOR THEMSELVES, FAMILY, AND FRIENDS, AS WELL AS THE ADVISORY PERSON PURCHASING INVESTMENTS THAT WERE UNSUITABLE FOR SWM CLIENTS. ADVI… | Final | $375K |