Anyone that is thinking about, going through, or is recently divorced. 100% of divorces involve financial settlements. Mediators and attorneys are not licensed to give you financial advice and recommendations. They cannot give you recommendations on insurance, investments, pensions, retirement planning, effects of taxes on investments and income… the list goes on. Your divorce will involve all of these and more.

There are many designations for a financial expert, including: financial planner, Certified Financial Planner™ (CFP®), Chartered Financial Consultant (ChFC®), Certified Public Accountant (CPA), Chartered Accountant (CA), Certified General Accountant (CGA), accountant, and Certified Divorce Financial Analyst® (CDFA®).

The role of the financial planner, CFP®, or ChFC® is to help people achieve their financial goals regardless of whether they are divorcing or happily married.

An accountant typically looks at the details of the scenario as it is today and makes no future projections. In a divorce, an accountant is hired to calculate the tax effect of dividing property and the effect of spousal and child support for one or two years. They typically do not project further into the future.

To best meet the needs of divorcing clients, you need a blend of these two ideologies; the CDFA® designation was created to fill this need. The role of the CDFA® professional is to assist the client and his/her attorney to understand how the financial decisions he/she makes today will impact the client’s financial future based on certain assumptions.

A CDFA professional is someone who comes from a financial planning, accounting, or legal background and goes through an intensive training program to become skilled at analyzing and providing expertise on the financial issues of divorce.

No, Supportive Divorce Solutions does not work for both parties. We only work for one person and are considered an “advocate” for that client. Some Certified Divorce Financial Analysts will work for both spouses, they are considered a “neutral”. Watch our video “The Difference Between an Advocate and a Neutral” underneath our “Partners and Resources” tab to learn more.

Supportive Divorce Solutions charges an hourly rate and, in most cases, requires a retainer. During your consultation we will provide you with an estimate for the services that you need. Pricing is transparent and based on the complexity or your finances and the services you wish to use.

They better! A CDFA® works to get you the best settlement possible by using our financial expertise and creative settlement proposals. We also help to ensure that you are confident in your financial future. The most I have saved a client in divorce is $500,000 and the least is $10,000. The range depends on how much there is to divide and what was done prior to our working together.