Lawrence Smith
Lawrence Smith is a registered investment advisor at Centaurus Financial, INC., based in Laguna Niguel, CA, with 40 years of industry experience. Lawrence operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 38,049 clients with $7.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Centaurus Financial's advisors manage client accounts through various programs, charging an annual fee based on the amount invested. Fees are negotiable and can be a flat percentage or tiered, where the rate decreases as the portfolio value increases. Additional charges may include transaction fees, custodial fees, and internal fund fees.
Maximum advisory fees:
- Alpha, Beta, ABJ, Omega, Delta: 2.25%
- AA & VL: 1.50%
- Adviser-Directed: 1.35%
- FlexUMA: 2.25%
Third-Party Money Managers (TPMMs) charge fees ranging from 1.00% to 3.00%.
Location
Laguna Niguel, CA
Get directionsHistory
Regulatory History (6)
Customer Dispute
August 2006Customer Dispute
March 2005Customer Dispute
February 2004Regulatory
September 2001Customer Dispute
June 1999Customer Dispute
December 1998Other Business Activities
Lawrence is the owner of First Portfolio Financial since 1995, handling payroll, bills, and sales. This activity is non-investment related and takes a full-time commitment.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Brookstreet Securities CorporationBroker
Brookstreet Capital Management
Securities Service Network, INC.Broker
Lazar Frederick & CompanyBroker
Fortress Securities, INC.Broker
Prudential-Bache Securities INC.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
R. H. Moulton & CO.Broker
B.O.C.L. Securities CORP.Broker
Municicorp of CaliforniaBroker
State Registrations8 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.