TITLE: Washington State Securities Division Issues Consent Order Against Presidio Financial Group and Christopher Scott Reid BODY: On January 28, 2026, the Washington State Department of Financial Institutions Division of Securities entered a Consent Order (S-24-3800-25-CO02) against Presidio Financial Group, Inc. (d/b/a Capital Partners Wealth Management) and Christopher Scott Reid. The Division found that the respondents filed false and misleading balance sheets with the Securities Division and failed to disclose liabilities. Additionally, the respondents failed to keep and maintain accurate books and records, including balance sheets. Presidio Financial Group, Inc. (d/b/a Capital Partners Wealth Management) specifically failed to maintain a positive net worth, in violation of Washington Administrative Code (WAC) 460-24A-060, WAC 460-24A-200, WAC 460-24A-170, and Revised Code of Washington (RCW) 21.20.350. The Consent Order imposes financial penalties of $10,000 for each respondent and requires payment of investigative costs of $5,000. The respondents are also subject to a cease and desist order, prohibiting continuation of the conduct that formed the basis of the enforcement action. This enforcement action reflects the Division's commitment to ensuring that investment advisers maintain accurate financial records and comply with net worth requirements designed to protect investors. **Reference:** Washington State Department of Financial Institutions Division of Securities, Consent Order S-24-3800-25-CO02

Presidio Financial Group, Inc. (d/b/a Capital Partners Wealth Management) Christopher Scott Reid - Consent Order

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