Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VL 213
Philadelphia, PA · CIK 0001761813
Offering snapshot reported Aug 9, 2024 · SEC filing
- Reported sold
- $10M Indefinite offering
- Investors reported
- 2 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Nov 30, 2018 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$8,750,000 → $10,000,000
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Aug 9, 2024 | Amendment | $10,000,000 | $1,250,000vs May 6, 2022 | 2 | SEC filing |
| May 6, 2022 | Amendment | $8,750,000 | $5,000,000vs Jun 30, 2020 | 2 | SEC filing |
| Jun 30, 2020 | Amendment | $3,750,000 | $2,500,000vs Dec 14, 2018 | 1 | SEC filing |
| Dec 14, 2018 | Initial | $1,250,000 | 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
- $517K
- Finders' fees
- $0
- Form D file number
- 021-327940
variable life insurance contracts
Issuer pays sales commissions which are equal to a percentage of the 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 |
|---|---|---|
| M Holdings Securities, Inc. | 43285 | Brian T. Corley · CRD 2735235 |
| M Financial Securities Marketing, Inc. | 139304 | Brian T. Corley · CRD 2735235 |
| UBS Financial Services, Inc. | 8174 | Ross Gaudoin · CRD 5500976 |
Source: Form D, filed Aug 9, 2024. 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 |
| Lilac Lombard International Life Assurance Company | Promoter |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Philadelphia, PA, 19103