Centaurus Financial Inc.

Centaurus Financial Inc.

A member of Federation of Financial Services

Share:

2300 E. Katella Ave. Suite #200

Anaheim, CA 92806

(800) 880-4234

www.joincfi.com

Clearing firm: Pershing LLC, TD Ameritrade

No. advisers: 648

No. franchises: 381

AUM: $23,000,000,000

Year founded: 1992

Year end: Apr. 30

No. of retail offices: 431

For More Information

CEOJ. Ronald King
Recruiting ContactTyler Shumaker
(800) 880-4234 x225
E-mail

Tesh Lokumal
(800) 880-4234 ext. 212
E-mail

John Trentor
(800) 880-4234 x300
E-mail

Tesh Lokumal
Compliance ContactJerry V. Duhovic
(800) 880-4234
E-mail
Marketing ContactWestley H. King
(800) 880-4234 ext. 220
E-mail
Technology Operations ContactRobert R. Castaneda
(800) 880-4234 ext. 251
E-mail

Recruitment & Staffing

2020 2019 2018
No. of reps655648643
No. of reps, male520515515
No. of reps, female135133128
No. of producing reps643635638
No. of producing reps, male517507510
No. of producing reps, female126128128
No. of reps producing $100K-$499K /year362354350
No. of reps producing $500K+ /year154156152
No. of CFPs204200220
No. of full-time employees888888
No. of fee-based advisers served502498485
Average payout per rep, per year$222,885$257,358$244,280
Avg. annual production of top 20% reps$686,650$695,000$685,000
Total payout, per year$143,314,736$147,570,324$140,732,144
Cost of E&O insurance per rep, per year$3,080$3080.00$3080.00
Affiliation fees charged per rep, per yearNoneNonenone
Affiliation fee coverageWe don't charge affiliation fees.N/Anot applicable
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Insurance 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Variable annuities 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Limited parterships 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Securities 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Required minimum production$50,000
2020 2019 2018
Total revenues$158,683,040$163,422,286$155,849,550
Commission revenues$111,853,261$120,000,984$114,446,273
Securities revenues$14,866,046$14,315,792$13,649,892
Securities revenues: Stocks$7,245,720$7,108,869$6,771,894
Securities revenues: Bonds$5,517,730$4,902,669$4,686,012
Securities revenues: ETFs$1,799,379$2,222,543$2,116,759
Securities revenues: Other$303,217$81,711$75,227
Mutual fund revenues$15,550,938$18,679,167$17,809,444
Annuities revenues$65,758,503$69,356,418$66,146,208
Annuities revenues: Fixed$19,641,651$25,248,743$24,072,570
Annuities revenues: Variable$46,116,853$44,107,675$42,073,637
Annuities revenues: Other000
Insurance revenue$4,990,203$5,817,833$5,554,241
Insurance revenues: Life$4,486,386$4,951,695$4,729,026
Insurance revenues: Disabilities$23,988$130,738$130,511
Insurance revenues: LTC$479,829$735,400$694,703
Insurance revenues: Other000
Alternative revenues$10,687,571$11,831,774$11,286,489
Alternative revenues: Hedge funds00
Alternative revenues: Managed futures00
Alternative revenues: Private placements00
Alternative revenues: REITs$10,687,571$11,831,774$11,286,489
Alternative revenues: Other00
Other commission revenues00
Fee revenues$46,829,779$43,421,302$41,403,277
Fee revenues: Rep-managed accounts$23,587,636$16,848,838$16,061,507
Fee revenues: Firm-managed accounts000
Fee revenues: Outside-managed accounts$21,212,355$23,712,574$22,617,382
Fee revenues: Other$2,029,787$2,859,890$2,724,388
Total revenues: Other000
2020 2019 2018
Total account assets$25,115,149,980$23,000,000,000$20,000,000,000
Fee-based assets$4,779,099,085$4,466,534,154$3,831,229,412
Fee-based assets: Clearing firm$2,657,763,642$1,957,308,381$1,607,486,594
Fee-based assets: Advisory firm platforms
Fee-based assets: Third-party money managers$2,121,335,443$2,509,225,773$2,223,742,818
Fee-based assets: Other000
Total account assets: Other$20,336,050,895$18,533,465,846$16,168,770,588
Average assets per rep$38,343,740$35,493,827$31,104,199
    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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