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Michael Glick; Cape Point Wealth & Tax Management LLC – Final Order – S-22-3264-25-FO02

Case summary

On July 28, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Final Order (S-22-3264-25-FO02) against Michael Glick; Cape Point Wealth & Tax Management LLC.

Order details

Order File: S-22-3264-25-FO02

Laws & Rules: RCW 21.20.020, RCW 21.20.040, RCW 21.20.110

Penalties/Remedies:

Intent to order:

  • Cease and desist;
  • Fines & costs;
  • Refunds to investor

Findings

  • In April 2021, the Securities Division revoked the Respondents’ registration for failure to file required renewal paperwork.
  • As a result of this revocation, the Respondents are no longer allowed to transact investment adviser business for compensation in Washington.
  • Glick continued to take payments from clients after his license revocation, and did not provide the services for which clients paid.

This order amends a previous Final Order to include additional detail about the refunds the Respondents must pay to their former clients.

Order file

View order file