CFP Board bars Jim Iannazzo from using its mark 'or [even] suggesting' he holds it, at least until the ex-Merrill broker is adjudicated on three crimes arising from smoothie-throwing tirade
Certified Financial Planner Board of Standards took about two weeks to determine Iannazzo's conduct 'significantly impinges' on its 'reputation'
Author Brooke Southall
February 11, 2022 at 4:24 PM
February 11, 2022 — 6:37 PM
Sure was a good idea to carve out an exemption for non-fiduciary brokers.
February 16, 2022 — 10:04 AM
How exactly does this reflect bad on the CFP? I'm asking because I don't understand why this makes CFP look bad. Did he claim the title in his recorded words? With the addition of the equity, inclusion, retardment in FPA, I would imagine seeing it there, but not in the CFP Board. You want to cancel members UNTIL PROVEN GUILTY. Do it. Then the CFP will be worth flushing in my toilet. You either back them till their day in court or you are Crap. Let the legal process take it's course. Is this now the Communist party of CFP. It's called due process, we are America, for now at least. But apparently not any better.
February 17, 2022 — 11:56 PM
CFP means nothing by way of assuring the holder's moral integrity and compass. The members of this group are only and no more than a cross section of the society in which they exist...a mix of rotten apples and honest souls with integrity. Accept that you are what you are and you still stand alone being responsible for yourselves as individuals. So....buyer beware. There are wolves among the CFP sheep.
Due process shield
February 18, 2022 — 3:06 AM
It seems rather heavy handed to strip him of his designations before due process has been exhausted...at first. And then one remembers that this man had time to tend to his son, ensure his son's safety, then leave his son, get in his car, drive to a smoothie shop, and belligerently yell at smaller, younger women beyond the point of reason, then try to physically intimidate the, then try to break into their private employee lounge. To what end, one may never know. All that is clear for now is that this is not a man who leads with calm, cool logic, and therefore someone who can wait out a final judgement before going back to handling people's fortunes.
February 19, 2022 — 5:57 PM
This story makes no sense. Not only are they unaffiliated from this man's story in every way, but they don't even have the authority to do this. You can't strip credentials over an unrelated incident.
February 19, 2022 — 7:35 PM
Julio...all due respect, however, the action taken is not unlike what any other organization,whether it be an entity such as the NFL or the Catholic church, would do in a like situation. Members' behavior, private and public, is expected to reflect the value, morals and tenants of the "brand". If one wants respect and prestige that comes with belonging to an exclusive group, then they must accept the responsibility of living up to the standards of that organization, nothing less. Can't have it both ways my friend.
March 8, 2022 — 3:02 PM
Woke : Dec 29 2015 I lost my son 5 Black kids drove from Miami to Boca Raton and shot and killed my son in cold blood. As a father to lose his son or daughter is the worse thing that can happen to a parent. I don't blame James for getting upset . Its his son who was in danger no sorry can be enough losing your kid. Don't judge people until you lose one of your children leave this man alone and allow him to get his life back. Millions of people would have lost it in the moment of the fear of losing his son.