Charles Bloom
Charles Bloom is a registered investment advisor at Centaurus Financial, INC., based in Santa Barbara, CA, with 45 years of industry experience. Charles 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
Santa Barbara, CA
Get directionsHistory
Regulatory History (3)
Customer Dispute
September 1992Customer Dispute
September 1991Customer Dispute
May 1990Other Business Activities
Charles is involved with Shoreline Summit Adventures as a travel agent and Santa Barbara Sailing Center as a sailing instructor, dedicating a few hours per week and about 10-20% of his time, respectively. He is also a registered principal with Shoreline Wealth & Investment Management, spending about a quarter of his time on this activity.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Wm Financial Services, INC.Broker
Santa Barbara Securities, INC.Broker
Painewebber IncorporatedBroker
Shearson Lehman Hutton INC.Broker
E. F. Hutton & Company INCBroker
Dean Witter Reynolds INC.Broker
E. F. Hutton & Company INCBroker
State Registrations2 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.