Soreide Law Group is investigating potential investor claims involving sales practice violations by securities brokers and financial advisors related specifically to Next Level Holdings LLC and its affiliated Yield Wealth investment products. These offerings—including Next Level Notes and Yield Term Deposits—were promoted as high-yield, income-generating investments with purported principal protection. However, significant adverse information has emerged regarding these products that investors should carefully evaluate. The following sections summarize the structure of these investments and the serious concerns that have been raised.
Overview
Next Level Holdings LLC offered “Next Level Holdings Principal Interest Protected Guaranteed Notes,” while its related entity, Yield Wealth Ltd., offered “Mega High Yield Term Deposits” and “Super High Yield Term Deposits.” These investments were typically sold as promissory notes or limited partnership interests with terms ranging from three, five, seven, or ten years. Minimum investments were often around $50,000. Investors were promised fixed, double-digit annual returns—generally between 12% and 15% for Next Level Notes and up to approximately 10.5% APY for Yield products. The offerings were marketed as being backed by business activities such as precious metals trading and other diversified ventures. Investors were also told their principal and interest were protected by “noncancelable” insurance instruments, including surety bonds and reinsurance agreements. Many investors purchased these products through retirement accounts such as self-directed IRAs.
Investor Concerns About Next Level Holdings
Federal authorities have alleged that these investments were part of a large-scale scheme. According to prosecutors, more than 300 investors contributed over $60 million, with losses exceeding $50 million after the entities shut down in 2024. The investments were marketed as “guaranteed,” “insured,” and risk-free, but these representations were allegedly false. Authorities claim investor funds were not used as described—instead, money from new investors was used to pay earlier investors and fund commissions, consistent with a Ponzi-like operation. Additionally, many of the promised insurance protections were never obtained, and some investors allegedly received forged surety bond and reinsurance documents. The issuer also allegedly misrepresented its business operations, including claims of profitable precious metals trading and other ventures that did not meaningfully occur.
Sales Practice Violations
Financial advisors and brokers who recommended Next Level Holdings or Yield Wealth products may have violated industry rules in several specific ways. These products were frequently presented as safe, income-producing alternatives to traditional fixed-income investments, despite offering unusually high returns that should have raised red flags. Advisors may have failed to verify the existence and legitimacy of the purported insurance protections, which were central to the sales pitch. In addition, recommending long-term, illiquid, and high-risk private offerings to retirees or conservative investors—particularly those investing retirement funds or concentrating large portions of their portfolios—may have been unsuitable. There are also concerns that advisors failed to disclose critical risks, including the lack of regulatory oversight, the issuer’s background, and inconsistencies in how investor funds would be used.
Did You Sustain Losses By Investing In Next Level Holdings?
Are you worried about investments you made in Next Level Holdings LLC and Yield Wealth offerings because of your financial advisor or securities broker? Get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the US. Our securities attorneys work on a contingency fee basis and advance all costs.