Expert Review

Lisa Reed: All About His Hidden Disclosures and Lawsuits. Let’s Find Out (Latest Update 2023)

Who is Lisa Reed (CRD#: 1641906)?

Lisa Reed is a  Managing Director at Neuberger Berman, She joined the firm in 1998. Lisa works as a Wealth Advisor in the greater Los Angeles area, customizing investment solutions for high-net-worth individuals, small businesses, foundations, and endowments. She worked for Scudder Kemper Investments in Los Angeles for over ten years until joining Neuberger Berman in 1998.

She also worked at Morgan Stanley International (London) and Wilshire Associates for four years as a Supervisor of Operations and Settlements. Lisa was awarded the Pathways: Women Mean Business award for Outstanding Corporate Woman in 2014 by California State Senator Carol Liu for her remarkable commitment to the greater good of the economy and community via increasing business, economic vitality, and diversity.

This article goes further into Lisa Reed’s past, uncovering hidden disclosures and SEC litigations, as well as analyzing the implications for law.

About Neuberger Berman

Neuberger Berman is a private, independent, employee-owned investment company that was established in 1939. On behalf of institutions, advisors, and individual investors worldwide, the business manages a variety of strategies, including equities, fixed income, quantitative and multi-asset, private equity, real estate, and hedge funds. Neuberger Berman’s varied team of over 2,600 employees has offices in 26 countries. 

For the past eight years, the company has been ranked first or second in the Pensions & Investments Best Places to Work in Money Management poll (among companies with 1,000 or more workers). Neuberger Berman is a PRI Leader, a recognition given to less than 1% of investment firms for competence in Environmental, Social, and Governance (ESG) practices. The firm received the best possible score in the 2021 PRI Assessment.

Neuberger Berman History

In July 2003, just after the retiring Mr. Neuberger’s 100th birthday, the business revealed that it was in merger talks with Lehman Brothers. These conversations eventually led to the firm’s acquisition by Lehman on October 31, 2003, for around $2.63 billion in cash and securities, or approximately 26 times profits. That purchase was completed in October 2003, and Neuberger Berman operated as one of the asset management arms of Lehman Brothers’ Investment Management Division from then until 2008. In the same year, Lehman bought fixed income manager Lincoln Capital Fixed Income Management as well as private equity manager Crossroads Group.

Independence and Expansion of Neuberger Berman

Neuberger Berman has had consistent growth since its reemergence as an independent firm. From 2010 to 2014, the firm raised its assets under management by 14% each year, reaching $250 billion, putting it at the top of its peer group in terms of asset growth. The business now employs roughly 2,000 employees and has expanded beyond its typical equity concentration into developing markets debt, high-yield bonds, liquid alternatives, and private equity, among other strategies. During this time, the firm increased its global presence by opening coverage offices in important Asia-Pacific areas and elsewhere to better serve a growing international customer base.

Neuberger Berman returned to full employee ownership at the end of 2014, underlining the firm’s independence and setting the way for future expansion. Employee ownership has been identified as a critical aspect in the success of asset management firms by industry professionals, and Neuberger Berman’s position as an employee-owned firm is mentioned as a cause for its excellent talent retention rate.

What is SEC?

The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.

Lisa Reed Disclosures: BrokerCheck, FINRA, And SEC

BrokerCheck report of Lisa Reed includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosure events.

27/12/2023 Update
As of now, Lisa Reed has not responded, nor has she apologized for her misdeeds. She has ignored our efforts to highlight the problems faced by her victims. Furthermore, she has only focused on propagating her fake PR.
Financial Advisors often take down their client disputes from FINRA’s Public database through Disclosure Expungement. Even law firms provide expungement services to FAs so that they can hide or remove their client disputes and maintain a clean record. So the lack of any disclosures on BrokerCheck doesn’t necessarily mean that the broker hasn’t had any disputes in the past.

BrokerCheck

Source: https://brokercheck.finra.org/individual/summary/1641906

SEC Litigations & Forms

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Source: https://secsearch.sec.gov/search?affiliate=secsearch&sort_by=&query=%27Lisa+Reed%27

Lisa Reed Lawsuits

Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis, law, and Law360. If Lisa Reed has been involved in any such lawsuits, then you can find the documents using the links down below:

There might be more pending lawsuits against Lisa Reed that are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Lisa Reed on these websites, then you can contact the local authorities and check if they have a physical copy of any lawsuits.

Lisa Reed’s Complaints and Legal Battles

The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Lisa Reed using the websites down below:

You can contact the law firms mentioned above if facing issues with Lisa Reed or any financial advisor.

Better Alternatives To Lisa Reed:

These recommendations are based on the ratings of SmartAsset.com, the biggest financial advisor review platform on the internet.
Screenshot 7

Manages Assets Worth

  • $6,427,792,177

Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
  • Family office and consulting services
Screenshot 8

Manages Assets Worth

  • $4,465,757,285

Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
Screenshot 9

Manages Assets Worth

  • $302,000,000

Services

  • Financial planning
  • Portfolio management

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