Last Updated: May 2025 — Lauderdale by the Sea, FL
Here’s what you need to know about Lauderdale by the Sea, FL stockbroker Lawrence Rice:
- Name: Mr. Lawrence Roger Rice
- CRD Number: 375304
- Primary Location: Lauderdale by the Sea, FL
- Current Registration: Barred from acting as a broker by FINRA
- Most Recent Firm: Centaurus Financial, Inc. (10/2022 – 02/2024)
- Prior Firms: Cetera Advisors LLC, First Allied Securities, Ameriprise Financial Services, Morgan Keegan & Company, Janney Montgomery Scott
- DBA: Gold Coast Wealth Management
- Function: Stockbroker / Financial Advisor
- Sanctioned by FINRA: Yes
- Employment Terminations: Yes
- Highest Settlement or Award: $10,300
If you’ve sustained damages from Mr. Rice, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Lawrence Rice As Your Stockbroker?
A customer complaint filed against Lawrence Rice in 2010 alleged misrepresentation and unsuitability concerning mutual funds. Although Mr. Rice claimed the fund was suitable based on the client’s financial profile, the matter was settled for $10,300 (FINRA Case #10-00454,).
In August 2024, FINRA barred Mr. Rice from associating with any FINRA member in any capacity (Case #2024081415101) following his refusal to provide documents and information requested in connection to a Form U5 allegation. The firm had reported that he failed to timely disclose a pending civil action—a violation of both firm policy and industry regulations.
In 2/2024 was “permitted to resign’ by Centaurus Financial for failing to timely disclose a pending civil action in which he was named.
Allegations of Broker Misconduct Against Lawrence Rice
- Failure to cooperate with a FINRA investigation
- Misrepersentation
- Unsuitable investment recommendations
Recover Your Investment Losses Now With Rex Securities Law
Other investigations of Centaurus Financial brokers
If you have suffered investment losses in an account handled by Lawrence Rice, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.