Peter Wierenga
Peter Wierenga is a registered investment advisor at Centaurus Financial, INC., based in Queenstown, MD, with 24 years of industry experience. Peter 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
206 Del Rhodes Avenue, Suite #204, Queenstown, MD, 21658
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
February 2014Other Business ActivitiesSells Insurance
Peter is an independent insurance agent since 2014, selling various insurance products and dedicating a few hours per week. He also represents and markets for Deferred Sales Trust as part of the Estate Planning Team, spending about 10-20% of his time on this. Peter also owns MOI Advisory, LLC, which he uses for insurance and securities business, spending nearly full-time on this activity.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Berthel Fisher & Company Financial Services, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Ing Financial Partners, INC
Ing Financial Partners, INC.Broker
Metlife Securities INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
Raymond James Financial Services, INC.Broker
Morgan Stanley
Morgan Stanley Dw INC.Broker
State Registrations15 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.