CFP Board shares information that CFP professionals have provided about their practice as well information about professionals who CFP Board has publicly disciplined or who made a bankruptcy disclosure to CFP Board, We cannot guarantee the information CFP professionals have provided is accurate or complete. You should verify the accuracy of the information.
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Professional Profile
Year CFP® Certification Received
2002
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View Current Certificate
Planning Services Offered
- Investment Planning
- Retirement Planning
Languages
- English
Payment Options
When hiring a CFP®️️️️️️️️ professional, it's important to ask how your advisor expects to be paid for services rendered. Different financial advisors may charge differently, or one financial advisor may offer several different ways that clients can choose to pay.
Disclosures
CFP Board Public Disciplinary History
Effective Date: 2/18/2021
In February 2021, the Disciplinary and Ethics Commission (Commission) and Mr. Colley entered into a Consent Order in which Mr. Colley agreed that CFP Board would issue a Public Censure. In the Consent Order, Mr. Colley consented to findings that, in April 2018, he entered into a Consent Order with the Florida Office of Financial Regulation on behalf of himself and his company, James A. Colley, Inc., of which he is the sole owner. The 2018 Florida Consent Order found that Mr. Colley and his firm: (1) failed to disclose on the firm’s Form ADV for three years a 2012 Order against his firm for failure to file financial statements; (2) failed to properly disclose billing practices to clients; (3) made false and misleading statements regarding the firm’s economic connection to an outside company; (4) failed to concurrently send invoices to clients; (5) maintained custody of client funds and securities; (6) failed to enter into written advisory agreements with more than one client; (7) failed to disclose whether written advisory agreements granted discretionary power to the advisor; and (8) directly or indirectly published, circulated, or distributed a false or misleading advertisement. As part of the 2018 Florida Consent Order, Mr. Colley and his firm agreed to cease and desist from the conduct at issue and paid a $4,000.00 fine. Further, Mr. Colley failed to disclose the Consent Order to CFP Board within 30 days as then-required by Article 13.2 of the Disciplinary Rules and Procedures. Pursuant to the settlement agreement, Mr. Colley consented to findings that this conduct violated Rules 2.1, 4.3, and 6.2 of CFP Board’s Rules of Conduct, providing grounds for the sanction imposed. Accordingly, the Commission issued to Mr. Colley a Public Censure.
Disclosure Under CFP Board’s Prior Bankruptcy Disclosure Procedures
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Until June 30, 2020, CFP Board made public disclosures about CFP® professionals who had filed a personal or business bankruptcy. These were disclosures and not disciplinary actions or sanctions. These disclosures stay on CFP Board’s website for 10 years. There are more details below on this page.
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Until June 30, 2020, CFP Board made public disclosures about CFP® professionals who had filed a personal or business bankruptcy. These were disclosures and not disciplinary actions or sanctions. These disclosures stay on CFP Board’s website for 10 years. There are more details below on this page.
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Disclosure Information
Below are links to additional sources of information about CFP® professionals that may contain information that has not led to CFP Board discipline or does not appear on CFP Board’s website. The information may include customer disputes, disciplinary actions taken by a regulator or employer, certain criminal matters, and certain financial matters (such as bankruptcy proceedings and unpaid judgments or liens). The links below may provide additional information if the CFP® professional is subject to the oversight of that regulator or self-regulatory agency. If the CFP® professional is not subject to their oversight, then the links will not provide access to any additional information about that person.
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You can find information about CFP® professionals who are subject to Financial Industry Regulatory Authority (FINRA) or Securities and Exchange Commission (SEC) oversight through FINRA’s BrokerCheck and the SEC’s Investment Adviser Public Disclosure databases. Both are free tools. CFP Board updates the disclosures below monthly and should be verified directly through FINRA and the SEC.
FINRA’s BrokerCheck Public Disciplinary History
Yes
SEC’s Investment Advisor Public Disciplinary History
Yes
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Visit your state securities regulator’s website for more information about brokers and investment advisers and your state insurance department website for more information about insurance professionals.
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Visit the Office of the Comptroller of the Currency (OCC) website to search for enforcement actions against individuals who are subject to OCC oversight.
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Conduct an Internet search on the CFP® professional’s name (and business name).
About Bankruptcies
Effective June 30, 2020, CFP Board may publicly sanction a CFP® professional for a personal or business bankruptcy that violates CFP Board’s Code of Ethics and Standards of Conduct. (There is no violation if the CFP® professional can make a case that the bankruptcy does not reflect on the professional’s ability to responsibly manage his or her own financial affairs or the financial affairs of the business.) You can find public sanctions in the “CFP Board Public Disciplinary History.” Under the “Prior Bankruptcy Disclosure Procedures” that applied from July 2012 – June 2020, CFP Board published information about a CFP® professional’s verified single bankruptcy in a press release and on CFP Board’s website. These were disclosures, not discipline or sanctions, and remain on CFP Board’s website for 10 years. You may learn more about the disclosure procedures here. You can learn more information about a bankruptcy filing at the U.S. Court’s website. You will be required to register and pay a nominal fee to view the information on that website.