Brokerage and Clearing Services:
Strategic Asset Allocation (SAA) portfolios may be made up of equities, fixed income, and derivative securities. Centurion Counsel does not hold customer funds or securities and does not perform any type of clearing function for itself or others.
Ceros Financial Services (Ceros) acts as the broker for trades placed by Centurion Counsel (the advisor). Their contact information is:
Ceros Financial Services, Inc.
1445 Research Blvd., Suite 530
Rockville, MD 20850
In addition, Ceros maintains a branch office in the Centurion Home office to service a limited number of brokerage accounts for the advisor.
Ceros is a correspondent for National Financial Services (NFS), which serves as our clearing firm. All advisor transactions are sent through Ceros to NFS, which executes our orders, compares them, allocates them, clears and settles them. Contact information for NFS is:
National Financial Services, LLC
499 Washington Blvd.
Jersey City, NJ 07310
Phone: 800-752-7053 (Advisors)
800-801-9942 (Individual Investors)
Centurion Counsel’s trade orders are normally placed as “limit orders” and routed to National Financial Services. NFS routes order automatically to market makers who are selected by NFS for the quality of their executions.
Centurion Counsel’s Business Continuity Planning
Centurion Counsel has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting us: If after a significant business disruption you cannot contact us as you usually do at 760-471-8536, you should go to our website at www.centurioncounsel.com. If you cannot access us through either of those means, you should contact our broker, Ceros Financial Services, at:
Our Business Continuity Plan: We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our business to function. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Our brokerage firm, Ceros Financial Services, and clearing firm, National Financial Services, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our brokerage firm and clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within one day. Your requests for funds and securities could be delayed during the period.
Varying Disruptions: Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or building, we will transfer our operations to a local site when needed and expect to recover and resume business within one day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area and recover and resume business within one day. In either situation, we plan to continue in business, transfer operations to our brokerage firm if necessary, and notify you through our website (www.centurioncounsel.com) . If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customers’ prompt access to their funds and securities.
For more information: If you have questions about our business continuity planning, you can contact us at our office by phone (760-471-8536) or email.