Skip navigation
Coronavirus
Centaurus Financial

Centaurus Financial Details Its Business Continuity Plan

'We did not lay anyone off in 2008. We will not lay anyone off during the current crisis,' said CEO Ron King.

Ron King, the CEO and chairman of Centaurus Financial, an independent broker/dealer and registered investment advisor in Anaheim, Calif., that has $10 billion in assets under administration, released a statement that Centaurus is keeping its 600-plus “workers safe and employed.”

“We did not lay anyone off during the financial crisis that started in 2008,” King said. “We will not lay anyone off during the current crisis. In fact, Centaurus recently welcomed several new hires and is continuing to hire people to assist our clients as an essential financial services business.”

Centaurus has just over 80 employees at its offices in Anaheim, Georgia, Idaho and Virginia, and more than 600 registered representatives scattered through the country.

To keep with the federal and states' mandate to social distance, Centaurus said it has moved dozens of workers to several off-site locations; created time blocks that separate workers heading into offices; integrated technology across offices to support business continuity; and distributed health-related information to its employees.

Want The Daily Brief delivered directly to your inbox? Sign up for WealthManagement.com's Morning Memo newsletter.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish