Financial Advisors for Divorced Women

Going through a divorce can be one of the most emotional and challenging life experiences for many people. And when it comes to your finances, your life may truly feel turned upside down.

Fortunately, you’ll find a growing number of financial advisors who specialize in helping people navigate the complexities during the process of getting divorced, as well as specialists with the experience and knowledge to help you get your financial plans on track once the process is completed and you’re on your own.

If you’re currently going through the divorce process (and especially if your financial circumstances are fairly complex), you may want to consider hiring a financial advisor who holds the Certified Divorce Financial Analyst (CDFA) designation.

Once you’re through the divorce process, it’s time to look forward to the next chapter of your life. And a financial advisor who specializes in serving divorced women may be an ideal guide to help you emerge feeling confident and optimistic for your future.

If you’re thinking about working with a financial advisor, how can you be sure you’re hiring an advisor who truly understands your individual needs as a divorced woman?

Fortunately, you have more options today than ever before to find a specialist financial advisor with the knowledge and experience ideal for your unique circumstances. And beyond financial advisors in your neighborhood, you may find the best financial advisor for you lives several states away and is easy to work with virtually, often via Zoom meetings online, for example.

So is a financial advisor who specializes in serving divorced women right for you?

Let’s learn more by getting answers from financial advisors featured on Wealthtender who offer their perspective on the potential benefits of working with a specialist.

👩‍💼 Get to Know Financial Advisors Who Specialize in Serving Divorced Women

This page is organized into sections to help you quickly find the information you need and get answers to your questions:

1. Q&A with Financial Advisors Who Specialize in Serving Divorced Women
2. Get Answers to Your Questions About Financial Planning for Divorced Women
3. Browse Related Articles

– Financial Advisors Who Specialize in Serving Divorced Women –

Q: Should I wait until my divorce is finalized before hiring a financial advisor?

Stephanie: It depends on what type of help you’re looking for. There are advisors who specialize in walking with clients through the divorce process. They have a designation called a CDFA (Certified Divorce Financial Analyst) which comes with specialized knowledge and tools for navigating the legal stuff effectively. (Quite honestly, they’re usually better equipped to handle money questions than your lawyer!)

However, once the divorce is done and the settlement terms are spelled out, you’re faced with a different set of questions, such as: how will this affect your lifestyle? If you’re getting a lump sum, how do you use it wisely? What happens when alimony and/or child support payments end (whether you are paying them or receiving them)? Will you have enough to support yourself and your kids (if you have them)? How can you get past the worry so you can start envisioning what kind of life you want to live, now that YOU get to decide?

This is what we specialize in – moving forward after the divorce is final, and making a plan to make the most of what you’ll have to work with. Clarity brings calm.

Whenever you’re looking to hire a professional, the first step is to get super clear on what you’re hoping that person can do for you, then go look for experts in that.

Q: Are there particular circumstances related to divorce which make it especially valuable to hire a specialist advisor?

Stephanie: Divorce is a significant, sometimes traumatic, life event. But it’s also a significant financial event! Especially if you were the “dependent” spouse as it’s termed, you’re stepping into a situation where you suddenly have to make the financial decisions – all of them, on your own.

Having worked with so many women post-divorce, we understand that things are going to be emotional. How could they not be?! We’re talking about your life, your security, your self-worth, and all you hold dear. You’re facing real changes – perhaps scaling back your lifestyle, possibly returning to paid work or earning more, potentially losing your health insurance and other benefits from your ex’s job. And the vision of your future has changed dramatically.

We make room and create a safe space to have those intimate conversations. We firmly believe that we can’t make money decisions until we’re all super clear on what that money needs to do for you! Money is just a tool – what are its jobs in your life? Clarity brings calm and makes the choices much simpler. And you don’t have to do it alone.

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