Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

Jim Peters: $200K Complaint Against Grace Wealth Management Advisor

Jim Peters (CRD# 2665577), a financial advisor based in Irvine, California, recently received an investor complaint alleging he engaged in misconduct. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Centaurus Financial, doing business as Grace Wealth Management Group.

Mr. Peters’ BrokerCheck report discloses one investor complaint. Filed in August 2022, it alleges that as a representative of Centaurus Financial Group, he recommended the customer invest in an unsuitable and illiquid investment. The pending complaint alleges damages of $200,000.

In a “Broker Comment” on the pending complaint’s disclosure, Mr. Peters denied any wrongdoing and asserted that the complaint is “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 her review of all material documentation related to the investment,” he wrote, adding: “At all times, I put the customer’s interest first and I will vigorously defend this matter to the fullest extent of the law.”

According to the Financial Industry Regulatory Authority, Jim Peters holds 26 years of securities industry experience. Based in Irvine, California, he has been a broker and an investment advisor with Centaurus Financial since 2012, doing business as Grace Wealth Management Group. His past registrations include MML Investors Services (Irvine, California; 2001-2012), Northwestern Mutual Investment Services (Milwaukee, Wisconsin; 1995-2001), and Robert W. Baird & Company (Milwaukee, Wisconsin; 1995-2001). His credentials include the passage of four 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; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in California, Colorado, the District of Columbia, Georgia, Idaho, Illinois, Maryland, Nevada, New Jersey, Tennessee, Texas, and Washington. (Information current as of September 21, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Justin Dieter: $104K Complaint Against Spartan Capital Advisor

    Garden City, New York financial advisor (CRD# 5225102) has received multiple investor complaints alleging that his investment recommendations led to...

    Read More
  • James Cavalier: REIT Complaint Against Ex-Ameriprise Advisor

    Former New Brighton, Minnesota financial advisor James Cavalier (CRD# 1579594) recently received an investor complaint alleging misconduct related to REIT...

    Read More
  • Peter Ferraro: $75K Complaint Against Moloney Securities Advisor

    Manchester, Missouri financial advisor Peter Ferraro (CRD# 2386025) allegedly recommended unsuitable investments, according to a pending investor complaint against him....

    Read More
  • Carey James: $66K Complaint Against James Financial Advisor

    Arroyo Grande, California financial advisor Carey James (CRD# 1420763) recently received an investor complaint alleging his investment advice resulted in...

    Read More
  • Previous
  • Next