Clovis Morrison
Clovis Morrison is a registered investment advisor at Centaurus Financial, INC., based in Highland Village, TX, with 38 years of industry experience. Clovis 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
2570 Justin Road, Fm 407, Suite #210, Highland Village, TX, 75077
Get directionsHistory
Regulatory History (4)
Customer Dispute
September 2025Customer Dispute
July 2025Customer Dispute
April 2023Regulatory
September 1996Other Business ActivitiesSells Insurance
Clovis serves on the board of advisors for EQIS Capital Management, dedicating minimal time to providing strategic guidance. He is also a consultant for Foresight Education LLC and owns Morrison Financial, which involves the sale of fixed insurance, and is an adjunct professor at Brookhaven College.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
PFS Investments INC.Broker
State Registrations23 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.