CFP Board Discloses Bankruptcies by CFP® Professionals
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|
L. Crawford, IV
|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|