About Certified Divorce Financial Analysts® (CDFA™)


1. Financial analysis conducted early in the divorce process may save time. The average length of the U.S. divorce process is one year. In the beginning stages, both parties spend a great deal of time trying to get a clear understanding of financial aspects and terminology of the separation. A Certified Divorce Financial Analyst® (CDFA™) can help explain all financial aspects of pending decisions and help empower clients to make educated decisions.

2. A CDFATM may help their client save money. By using a CDFATM professional, you can work towards having a clearer view of your financial future.  Only then can you approach a legal settlement that fully addresses your financial needs and capabilities.  A legal settlement that floats back and forth between attorneys, without the client having a clear understanding of all financial ramifications, can be detrimental, time consuming, and expensive. CDFATM professionals can help educate their clients by providing a thorough knowledge and understanding of the often-complicated financial decisions.

3. A CDFATM may help clients avoid long-term financial pitfalls related to divorce. Working with a client and their attorney, a CDFATM professional strives to forecast the long-term effects of the divorce settlement. This includes details of all tax liabilities and benefits. Developing a long-term forecast for their financial situation is far better than a short-term snapshot.  Financial discussions must be made that not only take care of immediate family needs, but retirement needs as well.

4. CDFATM professionals can assist their clients with developing detailed household budgets to help avoid post-divorce financial struggles. A CDFATM professional can help clients think through what the divorce will really cost and develop a realistic monthly budget during the financial analysis process.  Expenses such as life insurance, health insurance, and cost of living increases must be taken into consideration when agreeing on a final financial settlement.

5. Using a CDFATM may reduce the amount of apprehension and misunderstanding about the divorce process. Misinformation and misconceptions about divorce can be detrimental. Many have false expectations they will be able to secure a divorce settlement allowing them to continue with their accustomed style of living. Financial divorce analysis helps to ensure a good, stable economic future and prevent long-term regret with financial decisions made during the divorce process.

If you need a Certified Divorce Financial Analyst® (CDFA™), contact us today at 239-919-8901.

To be a Certified Divorce Financial Analyst® (CDFA™), a professional must have at least two years' experience in the financial or legal industry, complete a series of four examinations based on coursework that includes the treatment of property during divorce, alimony and child support, and tax implications of property division. Certification is issued by the Institute for Divorce Financial Analysts.⟶ 

Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN).  Crisci Private Wealth Management is a separate entity from WFAFN. The use of the Certified Divorce Financial Analyst® designation does not permit Wells Fargo Advisors Financial Network or its Financial Advisors to provide legal advice, nor is it meant to imply that the firm or its associates are acting as experts in this field.