Curtis Edmark: Pioneer Advisor Lands $150K Complaint

Greenfield, Wisconsin financial advisor Curtis Edmark (CRD# 1596961) recently received an investor complaint alleging that he recommended unsuitable investments. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Centaurus Financial, doing business as Pioneer Financial Group.

Mr. Edmark’s BrokerCheck report discloses one recent investor complaint. The most recent, filed in May 2024, alleges that as a representative of Centaurus Financial, he breached his fiduciary duty and “recommended unsuitable, high-risk, speculative, illiquid investments.” The pending complaint alleges damages of $150,000.

In a statement included with the complaint’s disclosure, Mr. Edmark “vehemently” denies the allegations, which he describes as “completely” meritless. “The investments about which the customer complained were suitable and were recommended based on the customer’s objectives, goals and financial circumstances and were offered only after his review of all material documentation related to the investment,” he writes. “At all times, I put the customer’s interest first and I will vigorously defend this matter to the fullest extent of the law.”

Pioneer Financial Group’s website includes a profile of Mr. Edmark that describes his background and experience. “He specializes in helping retirees increase cash flow and net worth while minimizing risk,” it states. “Curtis is qualified to help retirees to accomplish these goals because of his vast experience and he continues to educate himself on the unique and changing needs of the retired population.”

According to the Financial Industry Regulatory Authority, Curtis Edmark holds 19 years of securities industry experience. Based in Greenfield, Wisconsin, he has been registered as a broker and an investment advisor with Centaurus Financial since 2017, doing business as Pioneer Financial Group. His past registrations include USAllianz Securities (Minneapolis, Minnesota; 2001-2002), Guardian Investor Services Corporation (New York, New York; 1991-1998), and Mutual of Omaha Fund Management Company (Omaha, Nebraska; 1986-1991). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE: the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arizona, California, Florida, and Wisconsin. (Information current as of June 29, 2024.)

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