Cameron Woodbury: Elder Abuse Complaint Against Archangel Advisor

Apple Valley, California financial advisor Cameron Woodbury (CRD# 6242348) recently received an investor complaint alleging that he engaged in unfair business practices. Financial Industry Regulatory Authority records show that he is registered as a broker and an investment advisor with Centaurus Financial, doing business as Archangel Financial.

Mr. Woodbury’s BrokerCheck report discloses one investor complaint. Filed in August 2024, it alleges that as a representative of Centaurus Financial, he engaged in unfair business practices, committed fraud, made untrue statements, negligently misrepresented material facts, breached his fiduciary duty, and committed elder abuse in connection with a private placement investment. The pending complaint alleges unspecified damages.

In a statement included with the complaint’s disclosure, Mr. Woodbury defended himself against the allegations, which he described as false. “At no time did I provide any untrue statements or misrepresentations to the Claimants, nor did I act as their financial advisor or owe them any fiduciary duty as a financial advisor,” he wrote. “Their investments were made in a separate company in which I was an investor and officer, with no connection to any advisory role. These baseless allegations will be rigorously challenged to ensure the truth is made clear.”

Archangel Financial’s website includes a profile of Mr. Woodbury that describes his background and services. “Cameron’s approach to financial advising is rooted in understanding his clients’ unique challenges and tailoring plans to overcome them, helping clients achieve financial peace of mind,” it explains. “He is dedicated to creating strategies that achieve their long-term financial goals.”

According to the Financial Industry Regulatory Authority, Cameron Woodbury holds one year of securities industry experience. Based in Apple Valley, California, he has been registered as a broker and an investment advisor with Centaurus Financial since 2022, doing business as Archangel Financial. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7TO; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California. (Information current as of September 22, 2024.)

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