Centaurus Financial, Inc. (Anaheim)

Name: Centaurus Financial, Inc.
Address: 2300 East Katella Ave, Anaheim, CA, 92806
Telephone: 714-456-1790

Centaurus Financial, Inc. is a large advisory firm based in Anaheim. It manages $2.81 billion of regulatory assets for 14,325 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Centaurus Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, market timing services, and educational seminars and workshops. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Centaurus Financial: assets under management

The assets under management (AUM) of Centaurus Financial, Inc. is $2.81 billion. The firm's AUM has grown by 2078% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.07 billion in discretionary accounts and $1.74 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.14 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $188.82 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centaurus Financial, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Westley Hayes King serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Westley Hayes King is individuals with 14,015 clients and $2.18 billion of assets under management. Among the 13 most similar advisory firms, Centaurus Financial has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.81 billion for 14,330 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Centaurus Financial doesn't advise any private funds.

Careers at Centaurus Financial, Inc.

The company employs 608 people that are either part- or full-time employees. 72 percent of the employees work as investment advisers or researchers. 435 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Centaurus Financial, Inc. is owned by Michael Peter Rubino. Westley Hayes King has been acting as President since 1 Nov 2007. Jerome Victor Duhovic joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Federation Of Financial Services	Owner	1 Mar 1993	75% - 100%	88-0296464
Blake Alan Bjordahl	Senior vice president/coo	1 Mar 1999	Other	1716189
Westley Hayes King	Senior vice president	1 Mar 1999	Other	2527676
Michael Peter Rubino	Owner	1 Jun 1999	Other	1188940
Stephen Mark Kremer	Owner	1 Jun 1999	Other	1188829
Paul Henry La Broad	Vice president	1 Jan 2000	Other	4023559
Patrick Tim Fong	Vice president-registered option principal & registered municipals principal	1 Aug 2000	Other	2247172
Blake Alan Bjordahl	Executive vice president/coo	1 Jul 2004	Other	1716189
Westley Hayes King	Executive vice president	1 Jul 2004	Other	2527676
Gary Alan Virnick	Cco	1 Oct 2004	Other	846377
Anthony Nori	Rop	1 Jan 2005	Other	1238551
Gary Alan Virnick	Chief compliance officer, finop, municipal principal	1 Jul 2005	Other	846377
George Enrique Jr Marin	Srop,rop, crop	1 Jul 2005	Other	2177721
Jerome Victor Duhovic	Director/evp/chief administrative officer	1 Oct 2006	Other	2123754
Jerome Victor Duhovic	Evp/chief administrative officer	1 Dec 2006	Other	2123754
Westley Hayes King	President	1 Feb 2007	Other	2527676
Anthony Nori	Srop,crop, rop	1 Feb 2007	Other	1238551
James Ronald Sr King	Director/ceo/finop	1 Jun 2007	Other	269927
Gary Alan Virnick	Chief compliance officer, municipal principal	1 Jun 2007	Other	846377
James Ronald Sr King	Director/chairman of the board/ceo	1 Oct 2007	Other	269927
Allen Scott Peters	Svp/financial and operations principal	1 Oct 2007	Other	3160672
Westley Hayes King	Director/president/cmo	1 Nov 2007	Other	2527676
Gary Alan Virnick	Svp/chief compliance officer	1 Jan 2008	Other	846377
Jennifer Lee Landefeld	Svp/chief compliance officer	1 Jan 2011	Other	1060992
Paul J King	Director/general counsel	1 Jun 2012	Other	5017845
Sheri J Lejman	Chief financial officer	1 Oct 2014	Other	xxx-xx-xxxx
John Glenn Adams	Director/svp/coo	1 Jul 2015	Other	4410751
Marco Adan Fuentes	Chief compliance officer	1 Mar 2016	Other	1903158
Jerome Victor Duhovic	Chief compliance officer	1 Sep 2017	Other	2123754

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Ronald Sr King	Shareholder	1 Dec 1995	25% - 50%	269927
Robert Ellis Keilly	Shareholder	1 Dec 1995	25% - 50%	3066008
James Ronald Sr King	Shareholder	1 Mar 1999	25% - 50%	269927
Robert Ellis Keilly	Shareholder	1 Mar 1999	25% - 50%	3066008
Charice Lee King	Shareholder	1 Mar 1999	25% - 50%	2915706
Jerome Victor Duhovic	Shareholder	1 Aug 2007	Other	2123754

Based in Anaheim

The principal office where Centaurus Financial, Inc. performs its advisory services is located at 2300 East Katella Ave, Anaheim, CA 92806, which is also the mailing address of the firm. An additional office of the firm is in Indian Wells, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 714-456-1790 or by fax 714-456-1799. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at centaurusfinancial.com and its LinkedIn profile.