Legion Capital Selects WealthForge as Managing Broker-Dealer
June 27, 2023 | Heather Acey | WealthForge
Legion Capital, a specialized real estate development lender, has chosen WealthForge as its new managing broker-dealer. Legion will benefit from WealthForge’s deep experience with providing operational and back-office compliance services to alternative investment sponsors.
As managing broker-dealer, WealthForge provides sponsors with cost-effective and efficient means to comply with regulatory requirements, reduce operational overhead, and mitigate exposure to regulatory risk. These services include syndicate administration, commission processing, regulatory filings, transfer agent integration, offering diligence and more.
“Quality partners are critical when growing retail distribution,” said Jason Plucinak, Legion’s VP of Corporate Finance. “WealthForge brings the exact expertise and experience we need to continue growing our firm.”
Legion highlighted multiple factors when discussing why they chose WealthForge as managing broker-dealer for their follow-on Reg A+ offering. Namely, a commitment to regulatory compliance, an exemplary technology platform, and a service-oriented staff that is focused on getting business done.
“We’re excited to partner with quality sponsors like Legion Capital,” said Michael Roman, Managing Director of MBD Services at WealthForge. “The momentum they experienced closing out their last offering will only be enhanced with the added benefit of leveraging our managing broker-dealer services to help take their business to the next level.”
About Legion Capital
Legion Capital (LGCP) is a private equity specialized lender providing growth capital to small and medium sized operators and real estate developers. Based in Orlando, FL, Legion provides bridge funding, acquisition finance, development, and growth capital in a highly customized manner, addressing a large and growing segment of specialty lending that is under-served by traditional banks and institutions.
About WealthForge
Founded in 2009, WealthForge is one of the largest and most experienced managing broker-dealers of alternative investment products. It has cemented itself as an industry innovator and reimagined the managing broker-dealer role as a value-added service instead of just a necessary compliance hurdle. The firm has onboarded more than 100 clients over the past decade, reviewed about 2,000 offerings, and processed over 30,000 investments supporting more than $5B in equity and debt investments.
