Mr. Jeffrey M. Camarda
Not Certified
Camarda Financial Advisors LLC
4371 US Highway 17 Ste 201
Orange Park, FL 32003-4813
Yes
CFP Board’s prior Bankruptcy Disclosure Procedures (effective July 1, 2012 - June 30, 2020) required public notice of a CFP® professional’s bankruptcy disclosure within the previous 10 years. Those disclosures will remain on CFP Board’s website for 10 years from the date that the CFP® professional disclosed the bankruptcy to CFP Board or the date CFP Board became aware of the bankruptcy, whichever is earlier.
No
In addition to FINRA and the SEC, additional information is available on the websites for the state securities and insurance regulator in the states in which the CFP® professional is licensed.
Visit FINRA's BrokerCheck and the SEC's Investment Adviser Public Disclosure for those who are subject to FINRA or SEC oversight.
CFP Board Disciplinary History
10/12/2017
In March 2013, CFP Board’s Disciplinary and Ethics Commission (Commission) issued an order in which Mr. Camarda received a Letter of Admonition. The Commission issued its order after determining that: 1) Mr. Camarda owned and managed a registered investment adviser (RIA) and a consulting company (Company); 2) RIA represented to clients on its website and in its Form ADV Part II that it provided “fee-only” investment management and financial planning services; and 3) RIA and Company were functionally one organization providing clients a wide range of investment services, some of which were commission-based. Based on these findings, the Commission determined that Mr. Camarda misrepresented that RIA was a “fee-only” investment adviser: 1) due to the mutual referral fee arrangement between RIA and Company; and 2) because RIA and Company were functionally one organization providing services to clients and Company received insurance commissions. The Commission determined that Mr. Camarda’s conduct violated Rules 2.1 and 6.5 of CFP Board’s Rules of Conduct and provided grounds for discipline pursuant to Article 3(A) of CFP Board’s Disciplinary Rules and Procedures. After an appeal hearing, the Appeals Committee of CFP Board’s Board of Directors unanimously affirmed the Commission’s findings of fact and the discipline imposed by the Commission. Accordingly, the Commission admonished Mr. Camarda with regard to the above-mentioned conduct.
About CFP Board's Disciplinary Process
Ethical conduct is a central requirement of the CFP® certification, and CFP Board actively enforces its ethical standards. All individuals who hold the CFP® certification agree to abide by the rigorous ethics and practice standards contained in CFP Board’s Code of Ethics and Standards of Conduct (Code and Standards). In situations where CFP Board learns that a CFP® professional’s conduct may be in violation of the Standards, it conducts an investigation following the process outlined in CFP Board’s Disciplinary Rules and Procedures.
The Disciplinary and Ethics Commission (formerly known as the Board of Professional Review) is responsible for interpreting and applying CFP Board's Code and Standards to specific fact situations involving professionals and imposing, where necessary, the appropriate discipline. The Commission may impose several types of discipline, up to the permanent revocation of an individual’s right to use the CFP® certification marks. Individuals who are listed above with indication of a CFP Board public disciplinary history have received a public discipline – either a public letter of admonition, suspension of CFP® certification, or permanent revocation of CFP® certification. Individuals may also be disciplined privately with a cautionary letter or private censure; a private discipline is confidential and not available to the public through this search function or other means.