Monday, May 11, 2015

Has Veros Partners reach agreement with the SEC?

By Greg Wright, 
Certified Fraud Examiner
Certified Financial Planner™

Last Wednesday, Veros Partners sent an email to its clients stating that they had reached an agreement that would allow them to continue to work with clients.  The letter does not identify the name of the regulatory body that gave them that permission. The letter does not inform clients if their assets continue to be frozen?

That email was from Matthew D. Haab, CPA and was dated May 6, 2015.  The last paragraph has been reproduced below in part. 

“Subject: A Heartfelt Message to Our Clients.”

At the end of last week we reached an agreement that allows for us to continue to work with each of you within our core wealth management services (investment management, financial planning, goal planning, tax planning, etc.) just like we have always done.  We will be proactive in communicating with each of you as we make continued progress and will keep you updated on a regular basis.  We greatly appreciate the outpouring of support we have received and look forward to continuing to add value and provide great service to all our clients.”

The Veros Partners' client that sent me the email said that past emails and marketing letters had Mr. Matthew D. Haab indicating that he was both a Certified Public Accountant and a Certified Financial Planner; however, this email contained only the CPA designation. 

According to the Certified Financial Planning Board, Haab is not a CFP.  Was he a CFP in the past?  If so, what happened to his certification?   When did it happen? Haab has not responded to my questions.

No comments:

Post a Comment