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Tag Archives: Everest Wealth Management

Company that acquired ‘Money Guys’ firm ordered to stop advising investors

(Vladimir Cetinski / Depositphotos.com)

The company that acquired Towson-based Everest Wealth Management, which kept its license after former owner Philip Rousseaux lost his investment adviser registration, was ordered to halt investment advisory operations Friday. High Point Wealth Management and High Point Insurance Solutions operate ...

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‘Money Guys’ Rousseaux loses appeal of AG sanctions

Philip Rousseaux

A Baltimore judge has affirmed the revocation of Everest Wealth Management owner Philip Rousseaux’s investment adviser registration, denying his appeal. The Towson-based firm known for its popular “Money Guys” infomercials was previously barred from doing business in Maryland by the ...

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Everest Wealth Management keeps licenses after judge issues restraining order

Philip Rousseaux

A Baltimore city judge has put Everest Wealth Management and its owner, Philip Rousseaux, back in business — at least temporarily. Baltimore City Circuit Judge Karen C. Friedman issued a temporary restraining order Wednesday preventing the Maryland Insurance Administration from ...

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‘Money Guys’ fight Maryland Insurance Administration’s revocation order

Philip Rousseaux

The Maryland Insurance Administration wants to put investment adviser Philip Rousseaux out of business despite the absence of any customer complaints against him or his company for the past dozen years, his attorney said in explaining to a hearing examiner Tuesday why MIA’s bid to strip the “Money Guys” infomercial star his insurance license should be rejected.

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