A Washington, Conn.-based investment adviser will pay a $2,500 fine for operating without proper registration, according to a consent order entered by Connecticut Banking Commissioner Jorge L. Perez.
Tyr Partners LP, doing business as Goodstead, and its sole general partner, Robert Elbert Swigert, twice failed to renew his investment adviser registrations with the state, allowing their credentials to lapse at the end of 2023 — and again at the end of 2024, according to the Nov. 28 order.
The firm continued transacting investment advisory business in Connecticut during both periods when its registration was not in effect, violating the Connecticut Uniform Securities Act. Swigert also operated as an investment adviser agent without registration during those periods, the order states.
Goodstead was initially registered as an investment adviser from Jan. 4, 2021 to Dec. 31, 2023, and was re-registered from Jan. 24, 2024 to Dec. 31, 2024. The firm filed a new application on July 22, 2025, and is currently registered.
The firm has its principal place of business at 113 Woodbury Road in Washington. Swigert’s address is listed as Brooklyn, New York.
As part of the settlement, Goodstead agreed to review its compliance and supervisory policies relating to firm and investment adviser agent registrations to stay current. The policies will be distributed at least annually to all firm personnel.
Both Goodstead and Swigert, who did not admit or deny the allegations, agreed to cease and desist from violating the state securities act. The consent order was reached without a hearing or trial.
