Steven LaMar Nielsen

Steven LaMar Nielsen is currently employed as a Broker and/or Investment Adviser at CENTAURUS FINANCIAL, INC. located at 1425 W. ELLIOT ROAD, SUITE #102, GILBERT, AZ, 85233.

Steven LaMar Nielsen has worked at CENTAURUS FINANCIAL, INC. since August 07, 2017

Disclosure History

Steven LaMar Nielsen has 4 Disclosure Event(s).

Date: February 14, 2018
Category: Customer Dispute
Allegations: CLIENT CLAIMS INVESTMENT WAS UNSUITABLE AND NOT PROPERLY EXPLAINED TO HIM.
Settlement Amount: $15,000.00
Broker Comment: THE REGISTERED REPRESENTATIVE VEHEMENTLY DENIES ANY WRONGDOING AND INTENDS TO VIGOROUSLY DEFEND THIS MATTER TO THE FULLEST EXTENT.

Date: May 12, 2017
Category: Customer Dispute
Allegations: Alleges that representative churned the account, and investments were inappropriate.
Damage Amount Requested: $7,500.00
Settlement Amount: $4,500.00

Date: October 28, 2014
Category: Customer Dispute
Allegations: CLIENTS ALLEGE UNSUITABLE INVESTMENTS PLACED IN 2008 THAT DID NOT MEET THEIR CIRCUMSTANCES OR NEEDS.
Damage Amount Requested: $90,000.00
Settlement Amount: $30,000.00

Date: December 31, 2013
Category: Employment Separation After Allegations
Firm Name: MADISON AVENUE SECURITIES, INC.
Termination Type: Permitted to Resign
Allegations: ON NOVEMBER 15, 2013, THE FIRM RECEIVED AN 8210 INQUIRY WHICH INFORMED THE FIRM THAT FINRA WAS IN RECEIPT OF INFORMATION WHICH ALLEGED THAT THE RR MAY HAVE USED MISLEADING MARKETING MATERIALS AND AN UNAPPROVED EMAIL ADDRESS.
Broker Comment: THE MATTER HAS BEEN CONCLUDED WITH A LETTER OF CAUTION BEING ISSUED BY FINRA TO REPRESENTATIVE, STEVEN L. NIELSEN, ON SEPTEMBER 9, 2014.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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