Ernest Reyes is a registered investment advisor at Centaurus Financial, INC., based in Upland, CA, with 38 years of industry experience. Ernest 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
818 North Mountain Ave., Suite #200, Upland, CA, 91786
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Ernest owns Reyes Real Estate Investments, managing his personal rental properties since 1988, dedicating about 10-20% of his time. He also operates under the DBA 1on1 Financial and works as a sales consultant for AmeriEstate Legal Plans, spending a few hours per week facilitating trust setups between clients and attorneys.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Whjr Associates
Royal Alliance Associates, INC.Broker
Fsc Securities Corporation
Fsc Securities CorporationBroker
Royal Alliance Associates, INC.
Whjr Associates
Royal Alliance Associates, INC.Broker
Brecek & Young Advisors, INC.
Brecek & Young Advisors, INC.Broker
Whjr Associates
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
Painewebber IncorporatedBroker
Bateman Eichler, Hill Richards, IncorporatedBroker
American Express Financial Advisors INC.Broker
State Registrations3 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.