News & Events

MAXXCAT_START

CFP Board in the News

CFP Board to Make Planner Bankruptcies Public

Apr 05, 2012

Bankruptcy among holders of the CERTIFIED FINANCIAL PLANNER™ designation has been rising....

The CFP Board thinks investors should know about it. Under new rules announced today, it will issue press releases on the bankruptcies, making such cases available to investors who surf the Internet to search an advisor's name. At the same time, the board will drop bankruptcy as a cause for disciplinary action in many cases.

Effective July 1, the board will note such filings on the certificant's posting on the CFP [Board]'s website, and report on the bankruptcy filings in press releases that will come out at least four times a year. The board also said it will discontinue its practice of investigating certificants in bankruptcy—when such cases aren't accompanied by allegations of other bad practices—and forwarding such cases to its Disciplinary and Ethics Commission.
Read more >

Registered Rep
Jerry Gleeson
April 5, 2012

Speaker's Bureau
CFP Board’s leadership and representatives are available for interviews and speaking engagements on personal finance, the financial planning profession, CFP Board and the CFP® designation.

Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call himself a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
Let's Make A Plan
Don't address your finances individually. Pull your finances together with the help of a CFP® professional.