Frequently Asked Questions
Why hire a CDFA?
The role of a CDFA professional is to assist the client and his or her attorney understand how financial decisions he or she makes during their divorce will impact their financial future based on certain assumptions. A CDFA’s strong working knowledge of the financial issues related to divorce combined with a detailed understanding of the financial facts of the case help the client and his or her attorney achieve the most advantageous settlement.
Why work with Tory?
Tory’s expertise as a CDFA is bolstered by her 20 years of experience on Wall Street working as a quantitative analyst in the areas of Mortgage Finance, Municipal Finance and Equity Derivatives. This extensive experience gives Tory the confidence and expertise to work on even the most complex cases. She caters to the details and anomalies that comprise any client’s individual financial picture and even builds custom models when existing software is not sufficient. In almost all cases, Tory leverages the powerful capabilities of Family Law Software, but she always makes sure that every number and calculation accurately reflects her client’s unique circumstances. Finally, Tory has the ability to translate complex, and often voluminous information, in a way that gives her client and their attorney(s) the ability to make the most financially informed decisions. This allows an individual going through the difficult process of a divorce to move into the next chapter of their life with a sense of confidence and security.
How much will I spend?
The cost of including a CDFA on your divorce team depends on the complexity of your financial circumstances, the amount of organizational support you need as well as the sophistication of any analyses required. Costs range from $5,000 to $10,000 but can exceed that amount depending on the time needed.