Strategic Capital Partners, LLC
Public-record listing · Georgia (per federal court filings)
What they do
Alleged in a federal class-action complaint (Hoover v. Strategic Capital Partners, LLC, No. 1:21-cv-01299, N.D. Ga., filed 2021-03-30) to be the developer and sponsor of syndicated conservation easement transactions sold to investors, together with affiliates, placement agents, appraisers, tax professionals and law firms. The complaint's allegations have not been adjudicated; an Aug. 21, 2023 order dismissed some claims and let others proceed, and the docket showed filings as late as Sept. 2025. Syndicated conservation easements are an IRS listed transaction. A separate insurer action also names the firm (Certain Underwriters at Lloyd's v. Strategic Capital Partners, N.D. Ga., filed 2021-12-21; subject not reviewed). No current marketing materials were found, so the firm's present offerings are unknown.
Public-record summary. Category: Syndicated conservation easements (S05). Fees: Not published.
Strategies offered
- Syndicated Conservation Easements Public record source
Evidence score
73 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 39 (limited by caps or by items that don't apply). How this is calculated.
| Category | Points | |
|---|---|---|
| Regulatory record (weight 25) | 8 / 25 | |
| Tax-controversy record (weight 20) | 0 / 20 | |
| Litigation & complaints (weight 15) | 3 / 15 | |
| Transparency (weight 15) | 0 / 15 | |
| Substance & verifiability (weight 15) | 0 / 15 | |
| Structure quality (weight 10) | 0 / 8 |
Red flags
A flag stays Open, and its cap applies, until it is addressed with new public evidence or with materials the firm submits and a reviewer accepts. Addressed flags no longer limit the score.
Evidence by item
Each line shows the points awarded, how it was checked and a source link where one exists.
Regulatory record · 8 / 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 for the firm. The complaint names separate broker-dealers and a placement agent as defendants; their registration status was not reviewed. source |
| R2 No SEC/FINRA disciplinary events for the firm (10-yr lookback) | 8 / 8 | VERIFIED (nothing found) | No SEC/FINRA disciplinary record found for the firm (IAPD/BrokerCheck searches returned only unrelated firms with similar names). 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 | 0 / 4 | UNVERIFIED | State securities-regulator / AG actions not checked. |
| 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 · 0 / 20
| Item | Points | Status | Evidence |
|---|---|---|---|
| T1 Strategy is not a listed transaction / transaction of interest and not a current Dirty Dozen theme | 0 / 8 | VERIFIED | Syndicated conservation easements are an IRS listed transaction (Notice 2017-10) and a 2026 Dirty Dozen theme (non-cash charitable schemes, inflated appraisals). Also triggers RF5. source |
| T2 No DOJ Tax Division injunctions / IRC ยงยง6700, 6701 promoter cases against firm or principals | 0 / 6 | UNVERIFIED | No DOJ Sec. 7408 promoter suit against the firm was found, but the sector has active DOJ cases and this was not exhaustively checked. source |
| T3 No adverse Tax Court / appellate opinions involving the sponsor's prior deals | 0 / 4 | UNVERIFIED | Adverse Tax Court opinions on this firm's own syndicates were not identified; Tax Court has ruled against many syndicated conservation easements generally. source |
| T4 Provides clear reportable-transaction disclosure guidance (Form 8886/8918) where applicable | 0 / 2 | UNVERIFIED | No firm-published Form 8886 / reportable-transaction disclosure guidance was found; for a listed transaction this guidance is required, so N/A is not justified. source |
Litigation & complaints · 3 / 15
| Item | Points | Status | Evidence |
|---|---|---|---|
| L1 No material civil fraud/misrepresentation litigation (firm, principals, affiliates) | 0 / 6 | VERIFIED | Pending civil fraud and related claims alleged against the firm in Hoover v. Strategic Capital Partners, LLC, No. 1:21-cv-01299 (N.D. Ga.), filed 2021-03-30; Aug. 21, 2023 order dismissed some claims and allowed others to proceed; no adjudication on the merits found. Allegations only. 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 for this entity (a different bankruptcy docket names the firm as a creditor-side party and was not reviewed). 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 | Fees are not published on the pages reviewed. |
| X2 Offering documents available before commitment; Form D on EDGAR where applicable | 0 / 4 | UNVERIFIED | Offering documents / Form D could not be confirmed. |
| X3 Names tax counsel / opinion issuer and allows direct verification | 0 / 4 | UNVERIFIED | No tax counsel or opinion issuer is named on the pages reviewed. |
| 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 | The complaint alleges inflated appraisals and a promoter-selected appraiser; not adjudicated. source |
| V4 Pre-tax economic substance: investment case exists apart from tax benefits | 0 / 2 | UNVERIFIED | No public pro forma or pre-tax return case. |
Structure quality · 0 / 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 | 0 / 2 | UNVERIFIED | Not assessed. |
Questions to ask this firm
- What is the current status and outcome of Hoover v. Strategic Capital Partners (N.D. Ga.)?
- Does the firm currently sponsor any offerings, and what disclosure guidance (Form 8886) is given to investors?
- Who selects the appraiser and land trust, and are they independent?
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.
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