 According to the SEC, the firm's employees did not report dozens of trips on clients' private airplanes and had overbilled a client $6.5 million in fees, taking nearly two years to reimburse them.On December 17, 2015, it was reported that the company would spin out its media properties into a new holding company, Eldridge Industries, owned by an investment group led by Guggenheim president Todd Boehly, consisting of Mediabistro, "Billboard" and "The Hollywood Reporter", and Dick Clark Productions.In April 2018, Invesco Ltd. announced that it completed its previously announced acquisition of Guggenheim Investments’ exchange-traded funds (ETF) business, which consisted of $38.8 billion of assets under management (as of Feb. 28, 2018) for $1.2 billion in cash.