Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VL 503
Philadelphia, PA · CIK 0002144000
Offering snapshot reported Jul 8, 2026 · SEC filing
- Reported sold
- $2.5M Indefinite offering
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jun 22, 2026 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jul 8, 2026 | Initial | $2,500,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund, Other
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $12.5K
- Finders' fees
- $0
- Form D file number
- 021-589873
variable life insurance contracts
Issuer pays sales commissions equal to a percentage of premium received by the Issuer. Axcelus Financial will also pay sales commissions from its corporate resources.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Purshe Kaplan Sterling Investments | 35747 | Lawrence M. Bell · CRD 2227247 |
Source: Form D, filed Jul 8, 2026. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Axcelus Financial Axcelus Financial Life Insurance Company | Promoter |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:
One Logan Square 130 N. 18 Th Street, Suite 410
Philadelphia, PA, 19103
Philadelphia, PA, 19103