Center Street Securities originally got its start under a different name and was formed and located in New Orleans, Louisiana under the name “Elliott Financial Services”
Our Company
Who Are We?
For nearly 3 decades, Center Street Securities has stood at the crossroads of financial decision making, linking the investment professionals and the clients of ‘Main Street’ to the world class investments and client services you find on ‘Wall Street.’ Offering a vast array of traditional and alternative opportunities to investors of all levels, while keeping in touch with their heart for southern hospitality.
Our Story
Center Street Securities, Inc., member FINRA, SIPC is an Independent Securities Broker/ Dealer with branch offices throughout the United States. Through its registered representatives and their branch offices, Center Street is able to offer an extensive range of investment products and securities to investors. Center Street’s main office for operations is located in Tennessee with additional operations offices in Virginia and Louisiana and branch offices in over 40 states. So why the name “Center Street”? We like to think of ourselves as the figurative “road” that links “Main Street” -our investment professionals and their clients, to “Wall Street”.
In other words, we strive to bring world class investments and client service to investors of all levels, and do so with a touch of southern hospitality and “down home” common sense. The company was founded in Louisiana in 1991 to serve investors in its local area. Since then we have grown from one office with two employees, to a firm with branch offices all across America. As we have grown, we have continually added products and services to benefit our Registered Reps and their clients. As Center Street Securities enters its third decade of serving our reps and their clients, we invite you to get to know us. We think you will like what you discover at Center Street.
The evolution of Center Street Securities, Inc.
1990
Beginnings
1991
10 Brokers
Received membership into the NASD (now FINRA) and was operated as a small independent securities broker dealer with less than 10 brokers. Continued until 2005.
2005
Tragedy Strikes
Tragedy strikes – New Orleans, including our offices were destroyed by Hurricane Katrina. In order to continue business as usual, operations were moved off site.
2007
New Name
J.R. Thacker purchased and moved its offices to Bristol, VA. Lines of business expanded and technology improved and brokerage was renamed, “Center Street Securities.”
2009
100 Brokers
Moved to Nashville, TN. J.R. Thacker remained as President & CEO and grew to over 100 brokers in 40 different states
2013
Expanding
A big year, Three additional subsidiaries were formed under Center Street Holdings Inc. in order to expand and grow the firm’s products and services offered to its clients.
2021
Arete Wealth
In its largest transaction to date, Arete Wealth acquired Center Street Securities. Center Street remains a business unit of the parent company. Following the acquisition, Arete Wealth grew to $5.5B in AUM and 265 registered representatives nationwide. The deal does much to strengthen Arete Wealth’s industry-leading position as investors’ premier choice for alternative investments.
So why the name, “Center Street?
We like to think of ourselves as the figurative “road” that links “Main Street” -our investment professionals and their clients, to “Wall Street”. In other words, we strive to bring world class investments and client service to investors of all levels, and do so with a touch of southern hospitality and “down home” common sense.
