CFP Board Discloses Bankruptcies by CFP® Professionals

News provided by

Certified Financial Planner Board of Standards, Inc.

Mar 20, 2015, 03:34 ET

WASHINGTON, March 20, 2015 /PRNewswire-USNewswire/ -- 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 2014. 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, CFP®	Sacramento	CA	Personal	March 2011
Mr. Jason Atwater, CFP®	New Haven	CT	Personal	November 2012
Mr. Chris Bales, CFP®	Chattanooga	TN	Personal	November 2011
Mr. Eric Berndt, CFP®	Denver	CO	Personal	January 2011
Mr. Christopher Blancett, CFP®	Tampa	FL	Personal	November 2009
Mr. Daniel Charles Cummins, CFP®	Dallas	TX	Personal	June 2012
Ms. Eileen Egan, CFP®	Newark	NJ	Personal	March 2013
Mr. Joseph Ellison, CFP®	Los Angeles	CA	Personal	June 2014
Mr. Billy Funderburk, CFP®	Denver	CO	Personal	September 2010
Mr. David M. Garner, CFP®	Gainesville	GA	Personal	November 2010
Mrs. Jeri Margolis Glazer, CFP®	Greenbelt	MD	Personal	March 2013
Mr. Jorge E. Gonzalez, CFP®	Ft. Lauderdale	FL	Personal	October 2014
Mr. Darren Grossman, CFP®	Camden	NJ	Personal	March 2011
Mr. Scott Housel, CFP®	Orlando	FL	Personal	March 2013
Mr. Lars Lambrecht, CFP®	Boston	MA	Personal	March 2014
Mr. Mark Richard Lohrman, CFP®	Phoenix	AZ	Personal	October 2013
Ms. Irene Maxwell, CFP®	Oakland	CA	Personal	April 2012
Mr. Alan W. Van Cleef, CFP®	Chattanooga	TN	Personal	September 2013
Ms. Michelle Lee Wagner, CFP®	Phoenix	AZ	Personal	November 2013

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 71,000 individuals to use these marks in the U.S.

SOURCE Certified Financial Planner Board of Standards, Inc.