Mike Chauvenet: $292K Complaint Against Centaurus Advisor

A recent investor complaint against Frisco, Texas financial advisor Mike Chauvenet (CRD# 1229930) alleges that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Centaurus Financial, and that he is a representative of Mortgage Resources and Concerto Realty Group.

Mr. Chauvenet’s BrokerCheck report discloses one investor complaint. Filed in January 2025, it alleges that as a representative of Centaurus Financial, he provided poor investment recommendations “with a lack of return.” The pending complaint alleges damages of $292,800.

In a statement included with the complaint’s disclosure, Mr. Chauvenet “vehemently” denied the allegations against him, describing them as 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 wrote. “The customer confirmed in writing that they not only received the requisite investment documentation/disclosures, but that he fully understood the characteristics and risks of the investments. 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, Mike Chauvenet holds 40 years of securities industry experience. Based in Frisco, Texas, he has been registered as a broker and an investment advisor with Centaurus Financial since 2011. His past registrations include Securities America, Titan/Value Equities Group, Royal Alliance Associates, MetLife Securities, UR Financial, and First Investors Group. His credentials include the passage of seven securities industry qualifying exams: the Investment Company Products/Variable Contracts Principal Examination, or Series 26; the General Securities Principal Examination, or Series 24; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Alabama, Florida, Illinois, Maine, New Jersey, Oklahoma, and Texas. (Information current as of March 10, 2025.)

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.