Privacy Policy & Practices |
PRIVACY POLICY & PRACTICES OF CENTAURUS FINANCIAL, INC.
Centaurus Financial, Inc. ("Centaurus"), through its network
of independent registered representatives, offers a variety of financial
products and services to you. We have always valued the trust our customers
have placed in us and are committed to the responsible management, use,
and protection of all our customers’ personal information. We
are proud of our privacy and confidentiality practices, and we want
you to know how we protect your information.
Gathering Information
We treat the information we gather about you in a confidential manner.
Centaurus collects this personal information to help us serve your financial
needs, provide customer service, offer new products or services, and
fulfill our legal and regulatory obligations and requirements.
Centaurus collects nonpublic personal, financial, and health information from information we receive from you. The sources and the information collected may include:
· Information on applications and related forms, such as name, address, social security number, assets, and income (and medical information if applying for insurance)
· Information regarding your transactions with us, such as products or services purchased, account balances, and payment history
· Information from consumer reporting agencies, such as credit relationships
· Information from your employer, association, or benefit plan sponsor, such as name, address, social security number, assets, and income
· Information from third party vendors providing data in order for us to fulfill our regulatory obligations
Sharing Information
Centaurus does not disclose any nonpublic personal information about
you to anyone, except as required by law, and we do not sell your personal
information to third parties. In the course of servicing your account,
however, we may share previously described information about our customers
with other unaffiliated service providers, such as our clearing firm,
insurance companies, mutual fund companies, banks, or investment firms,
to provide account maintenance or customer service to your account.
Safeguarding Privacy
Centaurus maintains physical, electronic, and procedural safeguards
regarding your nonpublic personal information to ensure we are complying
with our own policy, industry practices, and federal regulations. If
you decide to close your account(s) or become an inactive customer,
we will continue to adhere to the privacy policies and practices described
in this notice.
Questions
If you have any questions after reading this privacy policy, we encourage
you to contact your Registered Representative or write to Centaurus
Financial, Inc., Attn: Compliance Department, 333 City Blvd. West, Suite
2010, Orange, CA 92868.
ADDITIONAL COMPENSATION DISCLOSURE **Click here for a printable version**
Centaurus Financial, Inc. (“Centaurus”, “we”, or “our”), an independent broker/dealer, offers numerous investment products from various investment companies, asset managers, insurance companies, and third party advisors or distributors through its nationwide network of Registered Representatives. Centaurus offers no proprietary products and does not maintain a "preferred" list of investment companies. We hold the fundamental belief that each investor has the right to choose the investment products they believe provide the greatest chance of achieving their financial objectives. As such, we maintain a broad product list in an effort to assist you in achieving your goals.
Centaurus has a responsibility to disclose to you, clearly and completely, all risks, fees, costs, and relevant information associated with your decision to invest. The primary tool in disclosing much of this information is the current prospectus for a specific investment (for newly issued securities), which shall be delivered to you at the time you invest. Please always read any applicable prospectuses carefully before investing.
Furthermore, before you purchase any investment product through Centaurus, please understand that many investments use differing fee structures. For instance, many mutual funds companies offer different classes of shares that have varying upfront loads and/or ongoing service fees (e.g., 12-(b)(1) fees). Most funds also offer quantity discounts known as “breakpoints”. Please make certain that you understand the costs associated with the investment products you have chosen.
Additionally, broker/dealers often incur costs and/or receive compensation associated with the advertising and distribution of investment products, some of which may not be easily identified in the respective prospectuses. Investment companies often participate in activities that are designed to help facilitate the distribution of their products by educating our Registered Representatives about their funds or products, such as marketing activities and educational programs, including but not limited to, attendance by company representatives at Centaurus Conferences, one-on-one marketing meetings, advertising and meeting expense reimbursements to Centaurus, and due diligence presentations to our Registered Representatives.
In return for assistance in facilitating the activities described above, Centaurus may receive additional compensation from certain companies. These payments may be in addition to commissions and other fees and expenses disclosed in a prospectus fee/expense table. These payments, however, may be paid out of an affiliate’s assets, not from the fund’s/company’s assets and therefore would not necessarily appear as an item in a prospectus expense table. In addition, Centaurus Registered Representatives do not receive a greater or lesser commission from sales for which Centaurus receives additional compensation. Because the Registered Representatives receive no direct increase or change in compensation from selling one investment versus another, we do not believe there to be any inherent conflict of interest. However, the marketing and educational activities paid for with advertising payments to Centaurus could lead our Registered Representatives to focus more on those funds/companies when recommending investments to their clients as opposed to those that do not make such payments.
While compensation with each company may vary, we may receive between 0.00% and 30 basis points (0.30%) of the gross amount of each sale. For example, for a $10,000 transaction with a participating company, Centaurus could receive either a one-time $30 payment, or some other type of reimbursement. The companies may also make additional payments to Centaurus for attendance at various educational meetings hosted by Centaurus throughout the year.
Therefore, in an effort to ensure complete and full disclosure of all compensation/remuneration that Centaurus receives as a result of your purchases, Centaurus is hereby providing a list of companies from which we receive advertising assistance, marketing fees, service fees, and/or reimbursements for the education of our Registered Representatives.
1 |
Absolute Capital |
35 |
Hartford Life |
70 |
Phoenix Investments |
2 |
AdvisorPort |
36 |
Hartford/PLANCO |
71 |
Phoenix National Trust |
3 |
AIG American General Life |
37 |
ICON Capital |
72 |
Pioneer Funds |
4 |
AIG Annuity |
38 |
ICON Securities |
73 |
Pioneer Investments |
5 |
AIG SunAmerica Funds |
39 |
ING Reliastar |
74 |
Planningworx |
6 |
AIM Funds |
40 |
ING Variable Annuities |
75 |
Portfolio Strategies |
7 |
Allmerica |
41 |
Inland Securities Corp. |
76 |
Presidential Life |
8 |
American Mayflower |
42 |
Integrity Life |
77 |
Principal Life |
9 |
AmREIT |
43 |
Investigo |
78 |
Prudential Financial |
10 |
AXA Rosenberg |
44 |
ITS Asset Management |
79 |
RNC Capital Management |
11 |
Banner Life |
45 |
Jackson National Life |
80 |
Rochdale Investment Management |
12 |
Behringer Harvard Funds |
46 |
Jefferson National Life |
81 |
RTE Asset Management |
13 |
Black Rock Funds |
47 |
John Hancock |
82 |
Rydex Funds |
14 |
BTS Asset Management |
48 |
Laser App Software |
83 |
Scudder Funds |
15 |
Centrelink |
49 |
Life Investors |
84 |
Scudder Investments |
16 |
Clark Capital Management |
50 |
Lincoln Benefit Life |
85 |
Security Connecticut |
17 |
Clarke LanzanSkalla |
51 |
Lincoln National Life |
86 |
Slate Financial |
18 |
Conseco |
52 |
Mackenzie Patterson, Inc. |
87 |
Sun Life Keyport |
19 |
Curian Capital |
53 |
Manulife Financial |
88 |
Sun Life of Canada (U.S) |
20 |
Cypress Leasing |
54 |
Mass Mutual |
89 |
The Pacific Financial Group |
21 |
DBSI |
55 |
Meridian Asset Management |
90 |
Transamerica Capital |
22 |
Deutsche Funds |
56 |
MetLife |
91 |
Transamerica IDEX Funds |
23 |
Dividend Capital Trust |
57 |
MetLife Investors |
92 |
Transamerica Life & Annuity |
24 |
Dunham & Associates |
58 |
MONY Group |
93 |
Travelers Life & Annuity |
25 |
Empire General Life |
59 |
Mutual Asset Management |
94 |
Triple Net Properties |
26 |
Financial Profiles |
60 |
Mutual of Omaha |
95 |
United of Omaha |
27 |
First Colony |
61 |
Nationwide Financial |
96 |
US Allianz |
28 |
First Penn Pacific |
62 |
Nationwide Provident |
97 |
Van Eck Global Funds |
29 |
GE Life & Annuity |
63 |
Navellier Securities Corp. |
98 |
Vista Analytics |
30 |
General American Life |
64 |
New England Financial |
99 |
WCM Investment Management |
31 |
Guardian Funds |
65 |
New York Life |
100 |
Wells Real Estate |
32 |
Guardian Investors |
66 |
Pacific Funds |
101 |
West Coast Life |
33 |
Guardian Life |
67 |
Pacific Life |
102 |
Western Reserve Life |
34 |
Hartford Funds |
68 |
Penn Mutual |
103 |
William Penn |
|
|
69 |
Pershing |
104 |
Zurich Kemper |
Call or write to the following: Compliance Department, Centaurus Financial, Inc. 333 City Blvd. W., Suite 2010, Orange CA, 92868 Phone: (714) 456-1790, Fax: (714) 456-1797.
SEC Order Execution / Routing Disclosure
Customer Identification Program Notice