Inception Financial
Unclaimed43/100 · Weak evidence
Public-record listing · Not stated on public pages (U.S.) · https://www.inception.financial
Unclaimed listing. This firm has not registered or claimed this page. Everything here comes from public records and the firm’s own public website, as of 2026-10-17.
Claim this listing Claiming lets the firm add information and submit proof, which may raise its score.
What they do
Presents a clean-energy tax strategy to private clients: the client forms an LLC that buys solar and energy-storage assets in installments, generating investment tax credits and depreciation, while the firm provides technical services to keep the assets operating. Its one-sheet says the strategy 'may deliver an immediate post tax savings of up to 30%' and can be done with 'essentially no money out of pocket' by redirecting withholding or estimated payments. It works through family offices, advisors and tax professionals. No SEC/FINRA registration, Form D, BBB profile or court case was found under this exact name. Name caution: an unrelated-looking SEC-registered adviser, 'Inception Financial Services' (CRD 318694, California), exists; it was not matched to this firm and is not scored here.
Public-record summary. Category: Solar and storage asset ownership (S08). Fees: Not published.
Strategies offered
- Solar Investment Credits Public record source
- Accelerated Depreciation Public record source
Evidence score
43/100 · Weak evidence42 of 98 applicable points = 43. Rubric v1.1 (2026-10-17). Retrieved 2026-10-17.
55 points are pending because the item could not be checked from public records. If every pending item were verified, the score could reach up to 99 (limited by caps or by items that don't apply). How this is calculated.
| Category | Points | |
|---|---|---|
| Regulatory record (weight 25) | 12 / 25 | |
| Tax-controversy record (weight 20) | 20 / 20 | |
| Litigation & complaints (weight 15) | 9 / 15 | |
| Transparency (weight 15) | 0 / 15 | |
| Substance & verifiability (weight 15) | 0 / 15 | |
| Structure quality (weight 10) | 1 / 8 |
Red flags
No red flags (RF1-RF13) were triggered by the public evidence reviewed.
Evidence by item
Each line shows the points awarded, how it was checked and a source link where one exists.
Regulatory record · 12 / 25
| Item | Points | Status | Evidence |
|---|---|---|---|
| R1 Registration status verified for firm and soliciting individuals where required (BD/IA/state; insurance producer if relevant) | 0 / 5 | UNVERIFIED | No IAPD or BrokerCheck record found for 'Inception Financial'. Whether sales of LLC-held energy assets involve securities is a legal question for securities counsel. source |
| R2 No SEC/FINRA disciplinary events for the firm (10-yr lookback) | 8 / 8 | VERIFIED (nothing found) | No SEC/FINRA disciplinary record found under this name (IAPD, BrokerCheck). CourtListener RECAP phrase hits were reviewed by caption; none is captioned against the firm. source |
| R3 No disciplinary events for principals/control persons (10-yr lookback) | 0 / 6 | UNVERIFIED | Individual-level checks for principals were not performed in this review (principals are not listed on this page). |
| R4 No state securities-regulator or state AG actions against firm/principals | 4 / 4 | VERIFIED (nothing found) | No state securities-regulator or AG action found by web search. Not exhaustive. |
| R5 Named licensed professionals (CPA/attorney/EA) in good standing | 0 / 2 | UNVERIFIED | Licensed-professional good standing needs state CPA board / bar lookups for named individuals; not performed in this pilot. |
Tax-controversy record · 20 / 20
| Item | Points | Status | Evidence |
|---|---|---|---|
| T1 Strategy is not a listed transaction / transaction of interest and not a current Dirty Dozen theme | 8 / 8 | VERIFIED | Solar ITC (Sec. 48E) is not a listed transaction/TOI and not a 2026 Dirty Dozen theme. Passive-activity (Sec. 469) limits still decide whether credits and losses can offset wage income. source |
| T2 No DOJ Tax Division injunctions / IRC ยงยง6700, 6701 promoter cases against firm or principals | 6 / 6 | VERIFIED (nothing found) | No DOJ injunction or promoter case found (CourtListener RECAP). source |
| T3 No adverse Tax Court / appellate opinions involving the sponsor's prior deals | 4 / 4 | VERIFIED (nothing found) | No Tax Court or appellate opinions naming the firm (CourtListener opinions, 0 hits). source |
| T4 Provides clear reportable-transaction disclosure guidance (Form 8886/8918) where applicable | 2 / 2 | VERIFIED | Strategy is not a listed transaction/TOI, so Form 8886/8918 guidance is N/A-justified (rubric: 2 = clear or N/A-justified). source |
Litigation & complaints · 9 / 15
| Item | Points | Status | Evidence |
|---|---|---|---|
| L1 No material civil fraud/misrepresentation litigation (firm, principals, affiliates) | 6 / 6 | VERIFIED (nothing found) | No federal civil case captioned against the firm found (CourtListener RECAP). State courts not searched. source |
| L2 Complaint pattern reasonable (BBB, state AG, CFPB where relevant) | 0 / 4 | UNVERIFIED | Complaint history (BBB / state AG) not checked. |
| L3 No bankruptcy/insolvency pattern among principals or affiliates | 3 / 3 | VERIFIED (nothing found) | No bankruptcy case captioned against the firm found (CourtListener). source |
| L4 Entities in good standing with Secretary of State; legal entity names match marketing | 0 / 2 | UNVERIFIED | Secretary of State good-standing not checked: state portals checked use CAPTCHA (e.g., SC businessfilings.sc.gov); not bypassed. Needs a manual lookup or paid registry pull. |
Transparency · 0 / 15
| Item | Points | Status | Evidence |
|---|---|---|---|
| X1 Fees and total costs published or provided in writing before commitment | 0 / 4 | UNVERIFIED | The one-sheet and site do not state fees or total cost; a 'request a meeting' flow is used. source |
| X2 Offering documents available before commitment; Form D on EDGAR where applicable | 0 / 4 | UNVERIFIED | No Form D on EDGAR (0 hits). The one-sheet lists an Asset Purchase Agreement and Technical Services Agreement but shows the client's equity commitment (step 3) before signing (step 6); whether documents are available before commitment is unverified. source |
| X3 Names tax counsel / opinion issuer and allows direct verification | 0 / 4 | UNVERIFIED | The site and one-sheet name no tax counsel or opinion issuer. source |
| X4 Discloses audit/examination and claim history of prior deals | 0 / 3 | UNVERIFIED | Audit/examination and claim history of prior deals is not in public records; would need firm disclosure. |
Substance & verifiability · 0 / 15
| Item | Points | Status | Evidence |
|---|---|---|---|
| V1 Underlying assets independently verifiable (e.g., interconnection agreements, utility records, deeds, dated site evidence) | 0 / 6 | UNVERIFIED | Underlying assets are not independently verifiable from public records. |
| V2 Placed-in-service / completion evidence for prior projects | 0 / 4 | UNVERIFIED | No public completion / placed-in-service evidence. |
| V3 Appraisals by independent credentialed appraisers (not promoter-selected) | 0 / 3 | UNVERIFIED | Appraisals / valuations not public. |
| V4 Pre-tax economic substance: investment case exists apart from tax benefits | 0 / 2 | UNVERIFIED | The site cites 'predictable, long-term yield in the form of electricity payments' but no pro forma, PPA or lease terms are public. source |
Structure quality · 1 / 8
| Item | Points | Status | Evidence |
|---|---|---|---|
| Q1 Independent legal opinion (not solely promoter-paid boilerplate) | 0 / 4 | UNVERIFIED | Legal opinion not seen; independence unknown. |
| Q2 Tax insurance verified directly with named carrier/broker (policy exists, scope understood) | n/a | Not applicable | No tax insurance is claimed in the materials reviewed. |
| Q3 Fees reasonable relative to comparable offerings | 0 / 2 | UNVERIFIED | Needs a written fee comparison set of >=3 comparable offerings; not built in this pilot. |
| Q4 No guaranteed outcomes, benefit multiples or 'audit-proof' claims | 1 / 2 | PARTIAL | No guarantee or audit-proof language found, but the one-sheet uses assurance-style claims ('proven', 'fully codified', 'essentially no money out of pocket', 'found money') without mentioning passive-loss limits. source |
Questions to ask this firm
- Which entity sells the assets, and is it registered or exempt as a seller of securities (if the LLC interests or assets are securities)?
- How are the investor's hours documented to meet material participation under Sec. 469, and who bears the risk if they do not?
- Who issues the tax opinion, and may the client rely on it?
- What are all fees, and when are the transaction documents provided relative to the equity commitment?
- Which counterparty buys the electricity, on what terms, and where are the assets located?
About these scores. Scores reflect only publicly available evidence found as of the retrieval date shown, scored with the same rubric for every firm. They are not an endorsement, rating of quality, accusation or statement about any person. Items we could not check from public records earn no points and are marked Unverified; a firm can supply proof to update them. How we score · Request a correction
Complaints
0 complaints under review · 0 substantiated · 0 with a response from the firm.
Complaints are an allegation until a reviewer decides. We show only the category and status, never the complainant’s identity, the description or any documents. Private complaints are counted but not itemized. The firm can respond by claiming this listing.
Request a correction · Report a complaint
Verification and listing notice
"Verified" means our staff checked the identity, business-registration, and credential details listed against the sources named, on the date shown. It is not an endorsement, rating, or recommendation. Firm- and advisor-reported information is their own statement. Listings are alphabetical; payment never affects order, scores, or warnings.