**Haselkorn & Thibaut has opened an investigation** into Marlton, New Jersey financial advisor Nicholas Frank Saunders and his employer, Centaurus Financial, Inc. This comprehensive research report examines Mr. Saunders’ regulatory history and provides crucial information for investors who may have concerns about their accounts.
Understanding Nicholas Saunders’ Professional Background
Table of Contents
Nicholas Frank Saunders (CRD #863004) currently works as a **stockbroker and financial advisor** with Centaurus Financial, Inc., where he has been employed since August 2018. Operating through Executive Wealth Advisors, LLC, Mr. Saunders maintains his primary office at 106 B Centre Blvd., Marlton, NJ 08053.
His career in the financial services industry spans multiple firms and locations. Before joining Centaurus Financial, **Mr. Saunders held positions at several other brokerage firms**, including Summit Brokerage Services, Shearwater Capital Management, Ameritas Investment Corp., and W.S. Griffith Securities, dating back to his entry into the industry in 1988.
Critical Red Flags in Nicholas Saunders’ Regulatory History
Our investigation has uncovered **significant regulatory concerns** that investors should carefully consider:
| Red Flag Category | Details |
|---|---|
| Customer Complaints | 13 customer disputes filed against Mr. Saunders |
| Regulatory Actions | 1 regulatory action on record |
| Total Disclosure Events | 14 disclosure events documented |
Detailed Analysis of Customer Complaints
The **13 customer disputes** filed against Nicholas Saunders represent a pattern that deserves serious attention from current and former clients. These complaints typically involve allegations related to:
• **Unsuitable investment recommendations** – When advisors recommend investments that don’t align with a client’s risk tolerance, investment objectives, or financial situation
• **Misrepresentation of investment products** – Failing to accurately explain the risks, fees, or characteristics of recommended investments
• **Breach of fiduciary duty** – Not acting in the best interests of clients when making investment decisions
• **Negligent supervision** – Inadequate oversight of investment activities and account management
Why These Numbers Matter: The securities industry average for customer complaints is significantly lower than what appears on Mr. Saunders’ record. **Most financial advisors maintain clean regulatory records** throughout their entire careers. The presence of multiple customer disputes often indicates systemic issues with an advisor’s business practices.
Understanding the Regulatory Action
In addition to customer complaints, **Mr. Saunders has one regulatory action** on his record. Regulatory actions are formal proceedings initiated by oversight bodies such as FINRA (Financial Industry Regulatory Authority), state securities regulators, or the SEC. These actions can result from:
• Violations of industry rules and regulations
• **Failure to supervise** investment activities properly
• Documentation and recordkeeping deficiencies
• Sales practice violations
What This Means for Investors
If you’ve worked with Nicholas Saunders or Centaurus Financial, **consider reviewing your account statements carefully**. Look for:
• Unauthorized trading activity
• Excessive fees or commissions
• **Concentrated positions** in risky investments
• Investments that seem inconsistent with your stated goals
• Unexplained losses during favorable market conditions
The Importance of Due Diligence
Investors have the right to work with financial professionals who maintain **clean regulatory records** and prioritize their clients’ best interests. The presence of multiple complaints and regulatory actions raises questions about an advisor’s commitment to ethical business practices.
You can verify this information independently by visiting FINRA’s BrokerCheck database, which provides public access to the professional backgrounds of registered financial advisors and brokerage firms.
Steps to Protect Your Investments
**If you’ve experienced losses** or have concerns about your investments with Nicholas Saunders, consider taking these steps:
1. **Document everything** – Gather all account statements, correspondence, and notes from meetings
2. **Calculate your losses** – Determine the difference between your initial investment and current value
3. **Review your original paperwork** – Check if investments matched your stated risk tolerance and objectives
4. **Seek professional guidance** – Consult with experienced securities attorneys who understand investor rights
Time Limitations Apply
**Important: Securities claims have strict time limitations**. The statute of limitations for filing arbitration claims is typically six years from the date of purchase or three years from when you discovered (or should have discovered) the wrongdoing. Acting promptly protects your legal rights.
How Haselkorn & Thibaut Can Help
With over **50 years of experience** in securities law, Haselkorn & Thibaut has achieved a **98% success rate** in helping investors recover losses from investment misconduct. Our firm has recovered millions of dollars for clients nationwide, and we work on a **contingency fee basis** – meaning no recovery, no fee.
Our investigation into Nicholas Saunders and Centaurus Financial focuses on helping investors understand their rights and options for recovery. **We provide free, confidential consultations** to evaluate your situation and explain potential paths forward.
Take Action Today
Don’t wait to address concerns about your investments. **The sooner you act, the stronger your position** for potential recovery. Haselkorn & Thibaut’s experienced securities attorneys understand the complexities of investment fraud cases and can guide you through the process of seeking compensation.
**For a free consultation about your investments with Nicholas Saunders or Centaurus Financial, call Haselkorn & Thibaut at 1-888-885-7162**. Our dedicated team is ready to review your case, answer your questions, and help you understand your legal options. Remember, you don’t pay unless we recover funds for you.
Your financial future deserves protection. If you’ve suffered investment losses or have concerns about your accounts, **take the first step toward recovery today by calling 1-888-885-7162**.
