Fraudulent messages and advertisements are increasingly circulating on messaging platforms and fake websites. These scams often impersonate investment management firms or their professionals and may promote fake documents related to various financial products.

While Reaves Asset Management (“Reaves”) is not aware of any ongoing threats, scammers commonly use tactics such as unsolicited mobile messages, third-party messaging apps, phishing emails, cold calls, or fake websites. Their goal is to entice you to invest in false products that misuse an investment manager’s name or logo. The scammers impersonating Reaves or its employees are not authorized by Reaves or associated with any accounts on social media.

Reaves reminds you to carefully verify the authenticity of any information you encounter. This includes content on websites, social media, emails, text messages, or third-party apps that claim to be issued, authorized, or connected to Reaves or its employees. Please be vigilant if you are contacted by someone you don’t know offering you an investment opportunity and contact us if you suspect someone is impersonating our firm.