Duncan MacEachern: $800K Complaint Against Ex-Centaurus Advisor

A recent investor complaint against Royal Oak financial advisor Duncan MacEachern (CRD# 1856591) alleges that his investment recommendations resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with LPL Financial, doing business as Celtic Wealth Management Group.

Mr. MacEachern’s BrokerCheck report discloses one investor complaint. Filed in April 2023, it alleges that as a representative of Centaurus Financial, he “made unsuitable recommendations of risky, illiquid investments,” including variable annuity, corporate bond, stock, and real estate products. The pending complaint alleges damages of $800,000.

According to the Financial Industry Regulatory Authority, Dustin MacEachern holds 34 years of securities industry experience. Based in Royal Oak, Michigan, he has been a broker and an investment advisor with LPL Financial since March 2021, doing business as Celtic Wealth Management Group. His past registrations include Centaurus Financial (Royal Oak, Michigan; 2004-2021), Wachovia Securities (St. Louis, Missouri; 2003-2004), Prudential Securities (New York, New York; 2000-2003), First Union Securities (St. Louis, Missouri; 1997-2000), First of Michigan Corporation (Detroit, Michigan; 1990-1997), and Shearson Lehman Hutton (New York, New York; 1988-1990). His credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Representative Examination, or Series 7; the National Commodity Futures Examination, or Series 3; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Arizona, California, Florida, Georgia, Iowa, Maine, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, and Virginia. (Information current as of May 14, 2023.)

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