Accelerated Wealth Advisors Llc

Status: Final Sanction Detail: MR. WALTON AND AW AGREED TO PAY $50,000 TO THE SECURITIES COMMISSIONER. MR. WALTON AND HIS WHOLLY-OWNED AFFILIATE, WALTON FINANCIAL, LLC, ALSO AGREED TO PAY 150,000 TO THE SECURITIES COMMISSIONER. MR. ABEYTA AND AW AGREED TO PAY $50,000 TO THE SECURITIES COMMISSIONER. MR. ABEYTA AND HIS WHOLLY-OWNED AFFILIATE, HIGH TRUST FINANCIAL, LLC, ALSO AGREED TO PAY $150,000 TO THE SECURITIES COMMISSIONER. Summary: BILL WALTON AND CHRIS ABEYTA, FOUNDERS OF ACCELERATED WEALTH (AW) AND CONTROL PERSONS OF ASI CAPITAL LLC OFFERED INVESTMENTS TO THEIR CLIENTS CREATED BY ASI CAPITAL LLC BETWEEN 2012-2014. AT THE TIME, WALTON AND ABEYTA, WORKING WITH ASI CAPITAL'S ATTORNEYS BELIEVED THAT THE NOTES WERE PROPERLY BEING OFFERED AND MET ALL LEGAL AND SECURITIES REQUIREMENTS. AT THE CONCLUSION OF A REGULATORY INQUIRY BY COLORADO DEPARTMENT OF SECURITIES, THEY ALLEGED THAT THE METHOD USED TO OFFER THESE PROMISSORY NOTES WAS DONE INCORRECTLY. ON APRIL 4, 2017, BILL WALTON AND CHRIS ABEYTA, SETTLED THE INQUIRY BY ENTERING INTO A STIPULATION FOR CONSENT ORDER AND CONSENT ORDER WITH THE COLORADO DIVISION OF SECURITIES (THE "DIVISION") TO AVOID THE COST AND UNCERTAINTY OF LITIGATION AND IN THE BEST INTEREST OF THE CLIENTS. THIS SETTLEMENT DOES NOT INVOLVE ANY ADMISSION OF WRONGDOING BY THE PARTIES, HOWEVER DOES INCLUDE CERTAIN MONETARY AND NON-MONETARY PROVISIONS. IT IS IMPORTANT TO NOTE THAT THIS SETTLEMENT AGREEMENT IS NOT RELATED TO AND HAS HAD NO BEARING ON THE PERFORMANCE OF THE PROMISSORY NOTES ISSUED FROM 2012-2014. ADDITIONALLY, THIS AGREEMENT HAS NOT AFFECTED THE ABILITY OF THE FUND TO MEET ITS CURRENT OR FUTURE OBLIGATIONS. SINCE 2015 ALL SECURITIES HAVE BEEN OFFERED UNDER ACCELERATED WEALTH ADVISORS (AWA), A LICENSED RIA FIRM WITH THE SEC AND STATE OF COLORADO. MR. WALTON AND AW AGREED TO PAY $50,000 TO THE SECURITIES COMMISSIONER. MR. WALTON AND HIS WHOLLY-OWNED AFFILIATE, WALTON FINANCIAL, LLC, ALSO AGREED TO PAY $150,000 TO THE SECURITIES COMMISSIONER. MR. ABEYTA AND AW AGREED TO PAY $50,000 TO THE SECURITIES COMMISSIONER. MR. ABEYTA AND HIS WHOLLY-OWNED AFFILIATE, HIGH TRUST FINANCIAL, LLC, ALSO AGREED TO PAY $150,000 TO THE SECURITIES COMMISSIONER. THIS CONSENT ORDER CONCLUDES THE INQUIRY BY THE STAFF OF THE COLORADO DIVISION OF SECURITIES INTO THIS MATTER AND IS NOT INTENDED TO SUBJECT ANY OF THE PARTIES TO ANY DISQUALIFICATION UNDER THE LAWS OF THE UNITED STATES, INCLUDING, WITHOUT LIMITATION, ANY DISQUALIFICATION FROM RELYING UPON THE STATE OR FEDERAL REGISTRATION EXEMPTIONS OR SAFE HARBOR PROVISIONS. THIS ORDER ALSO DOES NOT DISQUALIFY ANY OF THE PARTIES FROM ANY BUSINESS THAT THEY ARE PERMITTED TO PERFORM UNDER THE COLORADO SECURITIES LAWS.