In [Month] 2024, HC2 Capital, LLC received official notice from the U.S. Securities and Exchange Commission (SEC) confirming its registration as a Registered Investment Advisor (RIA). This designation is required for most investment firms in the United States managing over $100 million in assets – or $150 million in the case of private funds such as private equity and venture capital. While certain exemptions allow some firms, including many EB-5 investment firms, to operate without registration, the combination of HC2’s private equity and EB-5 business pushed HC2 over the threshold.

As part of the registration process, HC2 submitted Form ADV, detailing its business operations, ownership structure, advisory services, fee arrangements, potential conflicts of interest, and disciplinary history. Additionally, the firm appointed a compliance officer, implemented comprehensive compliance policies, and underwent SEC review to ensure adherence to regulatory requirements.

Why Does This Matter to You? Enhanced Transparency & Investor Protection

Registered Investment Advisors are held to a higher fiduciary standard than non-registered firms. This means HC2 has a legal obligation to act in investors’ best interests – ensuring no hidden fees, unbiased advice, and full transparency. While any reputable investment firm should uphold these principles, SEC oversight provides an added layer of accountability – offering peace of mind, particularly for investors that may live thousands of miles away.

By becoming an SEC-registered RIA, HC2 reaffirms its commitment to integrity, transparency, and investor protection – key factors that should be priorities for any firm entrusted with your capital.