ANAHEIM, Calif., April 1, 2020 /PRNewswire/ -- Centaurus Financial, Inc., a nationwide independent broker-dealer and Registered Investment Adviser is ensuring the safety and employment of its associates as the United States protects itself against the coronavirus pandemic.
With more than 80 employees in its Anaheim, California, Home Office and regional offices in Idaho, Virginia, and Georgia, and over 600 Registered Representatives located throughout the nation, Centaurus has instituted several measures to maintain its workers' jobs and their health.
"We did not lay anyone off during the financial crisis that started in 2008," said Ron King, Chairman and CEO. "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."
Among the steps Centaurus has taken to ensure continued operation and the safety of its employees:
Dozens of workers have been moved off-site to several locations to increase the social distancing ability of employees at all locations.
Work schedules have been modified to ensure increased social distancing.
Certain business continuity procedures have been implemented utilizing advanced technology to integrate its numerous locations.
Information about staying safe and healthy is frequently disseminated to workers.
"Centaurus has been built over the last 27 years to weather a storm like this," Centaurus General Counsel Paul King said in an email to the company's employees. "In those 27 years, Centaurus has been a profitable enterprise every year. Our Firm is built for moments like these. So, as we navigate this challenge together, we want you to know that while we wait for this storm to pass, we can rely on our strong, debt-free balance sheet to manage our business and take care of the 80-plus employees across our affiliated companies that depend on us for their livelihood."
About Centaurus Financial, Inc.
Headquartered in Anaheim, California, Centaurus Financial, Inc. is a national independent broker/dealer registered and licensed to offer securities, investment advisory services and insurance products. Centaurus Financial is a member of both the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Centaurus Financial is registered as a broker-dealer and a Registered Investment Adviser with the Securities & Exchange Commission (SEC).