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Thomas Paine

Centaurus Financial, INC.
33 Years of Experience
Arroyo Grande, CA
2 DisclosuresBrokerSells Insurance
View SEC Summary
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Thomas Paine is a registered investment advisor at Centaurus Financial, INC., based in Arroyo Grande, CA, with 33 years of industry experience. Thomas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Corporate Executives, Education Planning, Estate Planning, and 5 more. Their firm serves 45,336 clients with $9.7B in assets under management.

Centaurus Financial, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
441 advisors
Number of Clients
45,336 clients
Average Client Portfolio
$215K average
Assets Under Management
$9.7B

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum advisory fee is 2.25% for most programs (1.50% for annuity and variable life management, 1.35% for adviser-directed accounts). Fees are negotiable at the discretion of the representative.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1186 E. Grand Avenue, Arroyo Grande, CA, 93420

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2023
Settled
Customer Dispute
September 2013
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Thomas operates Paine Financial Services as a DBA for branding purposes and is also the owner of LTC Insurance Marketing, where he sells LTC, Medicare Supplement, and fixed annuities, dedicating a few hours per week. He also serves as Chair of the Investment Committee for Avila Valley Mutual Water Company, spending minimal time on this non-investment related activity.

Employment History
Current Registrations
Centaurus Financial, INC.
July 2011 - Present · 15 yrs 3 mos
Centaurus Financial, INC.Broker
May 2006 - Present · 20 yrs 5 mos
Previous Registrations
Carey James & Associates
September 2006 - December 2014 · 8 yrs 3 mos
G - W Brokerage Group, INC.Broker
October 1996 - May 2006 · 9 yrs 7 mos
Monterey Bay Securities, INC.Broker
April 1994 - October 1996 · 2 yrs 6 mos
Jackson National Financial Services, INC.Broker
December 1992 - March 1994 · 1 yr 3 mos
State Registrations7 states
AKAZCACTNMSCTX
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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