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CFP Board Discloses Bankruptcies by CFP® Professionals

Apr 18, 2014

Certified Financial Planner Board of Standards, Inc. announces today the names of CFP® professionals who have declared bankruptcy within the last five years and, under rules that took effect July 1, 2012, are not subject to disciplinary procedures but will have their bankruptcy disclosed.

CFP Board does not investigate, and the Disciplinary and Ethics Commission does not adjudicate, bankruptcy-only cases. Rather, CFP Board verifies the bankruptcy and notes the bankruptcy filing on the CFP® professional’s public profile, which is available through the search functions on CFP Board’s website. CFP Board will also share with consumers and other stakeholders who contact CFP Board regarding a CFP® professional’s certification status the information in the CFP® professional’s public profile, including identifying whether the CFP® professional has filed bankruptcy. All disclosures regarding a bankruptcy filed by a CFP® professional will remain on CFP Board’s website for 10 years from the earlier of the date the CFP® professional disclosed the bankruptcy to CFP Board or the date CFP Board became aware of the bankruptcy.

The public may review an individual’s bankruptcy information and certification status with CFP Board at www.CFP.net/search. For more detail regarding a CFP® professional’s bankruptcy filing, please visit the U.S. Court’s Public Access to Court Electronic Records (“PACER”) website, which can be found at https://pacer.login.uscourts.gov/cgi-bin/login.pl?court_id=00pcl. Please note that you will be required to register and pay a nominal fee to view the information.

This disclosure of these names is made pursuant to CFP Board’s rules regarding single-bankruptcy cases and covers the fourth quarter of 2013. The release of the information below does not constitute discipline of these individuals and is provided only for purpose of providing consumers with adequate information to make an informed decision with regard to engaging a CFP® professional to assist with financial decisions.

 Name Location State Bankruptcy Type  Filing Date 
Mr. Reid L. Allen                   Sacramento CA Personal March 2011
Mr. William H. Baker Opelousas LA Personal June 2012
Mr. William Larry Bendt Charleston SC Personal July 2009
Mr. Charles T. Black, Jr. Orlando FL Personal January 2012
Mr. Adam J. Brooks Portland OR Personal February 2013
Mr. Nancy Castile Callahan San Jose CA Personal September 2010
Mr. Zack Carnes Atlanta GA Personal January 2012
Mrs. Cindy Ann Carpenter Phoenix AZ Personal May 2009
Mr. Ronald Scott Chalmers Ft. Myers FL Personal June 2010
Mr. Benjamin L. Champion Orlando FL Personal August 2011
Mrs. Alicia K. Cole Grand Rapids MI Personal June 2011
Mr. Gregory D. Cook Dayton OH Personal May 2010
Mr. Benjamin L. Crawford, IV Birmingham AL Personal December 2009
Mr. Tiberio P. DeJulio Atlanta GA Personal March 2013
Mr. Dennis J. Demuth Worchester WA Personal October 2010
Mr. Jeffrey Edwards Onalska WA Personal December 2009
Mr. Brian D. Ellison Flint MI Personal December 2012
Mr. Ashley W. Folkes Atlanta GA Personal March 2010
M. Lorraine A. Gallagher Joliet IL Personal October 2012
Mrs. Jeri Margolis Glazer Greenbelt MD Personal March 2013
Mr. Andrei S. Hall Santa Ana CA Personal February 2011
Mr. Thomas J. Hatton Tampa FL Personal January 2013
Ms. Elizabeth F. Hicks Newark NJ Personal May 2011
Ms. Ethel A. Hillman Atlanta GA Personal July 2009
Mr. James B. Hoffman Trenton NJ Personal January 2011
Mr. Harold J. Hunt, Jr. Baltimore MD Personal April 2010
Mr. Edward C. Irwin Detroit MI Personal November 2012
Ms. Jean E. Kerr Minneapolis MN Personal December 2012
Ms. Jennifer L. Kilby Cook County IL Personal September 2010
Mr. Aaron D. Kolkman Phoenix AZ Personal November 2009
Mr. Henry E. Landa Miami FL Personal August 2013
Ms. Mary Katherine Mac Nee Riverside CA Personal December 2010
Mr. Mark J. Martin Pittsburgh PA Personal January 2013
Ms. Irene Maxwell Oakland CA Personal April 2012
Mr. Aleksander Milic Las Vegas NV Personal November 2012
Mr. Anthony F. Morgillo New Haven CT Personal December 2011
Mr. Richard J. Morowczynski Chicago IL Personal June 2011
Ms. Shelly Nelson Phoenix AZ Personal July 2009
Mrs. Melissa Pearce Santa Ana CA Personal March 2009
Mr. Matthew Martin Puttroff Denver CO Personal September 2009
Ms. Durene Scott Tampa FL Personal December 2011
Mr. Patrick L. Sullivan Clermont OH Personal September 2012
Mr. Deshunnon L. Thomas Atlanta GA Personal December 2012
Mr. W. Travis Webb Louisville KY Personal September 2009
Mrs. Melissa A. Wieder Indianapolis IN Personal April 2012
Mr. Michael G. Wirtes Riverside CA Personal August 2010
Mr. Mark A. Witaschek Washington DC Personal January 2013
Ms. Pamela Zentko Albany NY Personal April 2010

ABOUT CFP BOARD

The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.  CFP Board currently authorizes more than 69,000 individuals to use these marks in the U.S.

CONTACT: Dan Drummond, Director of Public Relations P: 202-379-2252 M: 202-550-4372 E: ddrummond@cfpboard.org Twitter: @cfpboardmedia

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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.
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