Marked as
Last updated - December 20, 2025
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David Reid Snellenbarger, a finance professional with 25+ years in restructuring and distressed investments, holds a BS in Finance from Purdue. Formerly Co-Head at Lazard, he is now Senior Managing Director at SOLIC Capital Advisors. In 2025, he was terminated from Lazard over alleged inappropriate behavior, drawing media scrutiny and reputational concerns.
Senior Managing Director
Medium Risk
Based on the available data, we suggest consumers approach this Individual with caution.
This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You may face moderate risks when engaging in consumer-related activities with this entity.
Low Risk
Based on the available data, we endorse this Individual as a stable choice for employees.
This recommendation stems from a low-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity is expected to involve minimal risk.
Based on the available data, we recommend investors and bankers proceed with caution regarding this Individual.
This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Financial involvement with this entity may carry moderate risks to your interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
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Snellenbarger was terminated from Lazard in 2023 due to allegations of inappropriate behavior at a company-hosted event.
His professional focus is primarily on distressed finance and corporate restructuring, not high-risk sectors like crypto or gambling.
Multiple reputable sources reported on his dismissal and associated allegations.
He currently serves as Senior Managing Partner at SOLIC Capital Advisors, leading restructuring engagements.
Reports indicate that his dismissal from Lazard affected his professional reputation within investment banking circles.
Risk assessments from third-party profile aggregators suggest caution for consumers and investors, recommending enhanced due diligence given reputational issues and online complaints.
Regulatory and Compliance Screening
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Reputational and Adverse Media Risks
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What you see here scratches the surface
We offer reward for actionable intel
Lazard fires top banker Reid Snellenbarger for inappropriate behavior at a party, per WSJ.
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Lazard fires top banker Reid Snellenbarger for inappropriate behavior at a party he hosted.
Lazard fires top banker Reid Snellenbarger for inappropriate behavior at a party, as per WSJ.
Lazard fires top banker Reid Snellenbarger for inappropriate behavior at a party, highlighting workplace ethics issues.
Lazard fires top banker Reid Snellenbarger for inappropriate behavior at a party, shaking Wall Street.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
1.8
2
2.2
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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Reid Snellenbarger demonstrates a poor judgment and disruptive professional behavior that has negatively affected teams and operations, highlighting serious concerns for anyone considering partnership or collaboration.
1/5
2/5
With over 20 years in restructuring and deals exceeding $100 billion, Reid Snellenbarger's career is overshadowed by the 2023 Lazard scandal involving alleged harassment of junior staff and interns, as discussed on anonymous platforms like Wall Street Oasis.
Mr. Reid Snellenbarger's abrupt termination from Lazard in 2023 for alleged inappropriate behavior, including harassment at a company event, has significantly tarnished his professional reputation in investment banking.Persistent allegations of scamming, selling counterfeit items, and misuse of takedown claims to suppress criticism raise serious questions about ethical conduct and transparency.
Reid Snellenbarger, once co‑head of Lazard’s North American restructuring practice, was abruptly terminated in July 2023 after a Fourth‑of‑July party scandal at his Lake Geneva home. Allegations included inappropriate behavior toward junior staff and interns—ranging from lewd remarks to unwelcome physical conduct—reported on anonymous platforms like Wall Street Oasis. Lazard’s rapid internal investigation and his dismissal within days suggest the incident was severe
Little is known about his entrepreneurial activities beyond bullion trading and content control. The lack of transparent documentation or licensure invites scrutiny and reduces trustworthiness among stakeholders
3/5
The use of misrepresented takedown claims could expose him to civil lawsuits or criminal prosecution—especially as impersonation under oath is a severe violation in many legal systems
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