IDFA Online Learning
After the Final Settlement: Preparing for a Post Divorce Life
Recorded On: 09/16/2021
The divorce settled but not “settled” yet. Our clients are exposed to unseen risks and opportunities that a post-divorce world presents. When a CDFA is brought in at the end of a case or post-divorce, there are still many steps we can take to improve and protect our clients’ financial lives - even if there is not much time left to do so.
In Ms. Friedman’s presentation, she will discuss how we can keep clients motivated to move forward with their financial life while avoiding many common post-divorce missteps. Through stories from her ten years practicing as a CFP/CDFA, Ms. Friedman will discuss ideas for late-stage divorce analysis and post-divorce work considering the most common areas of financial planning and divorce financial analysis. Areas include attorney and client resistance to change, divorce fatigue, traditional financial planning topics and premarital agreements.
Focus on the “Future Self”: Changing Mindsets during divorce and after
Having the “Investment Talk” : Financial Education during and post-divorce
Best practices for moving accounts efficiently
Establishing practices for tax preparation and estimated payments
Tracking promissory notes and stock options post-divorce
Discussing estate planning during and post-divorce
Planting the seeds for planning a second (or third) marriage
This session has been approved for one hour of CDFA Continuing Education credit.
Pam Friedman, CFP®, CDFA®, is a Managing Director and Principal at Robertson Stephens. She has nearly 30 years of financial planning and investment experience. Prior to joining Robertson Stephens, Pam was a co-founder of Silicon Hills Wealth Management and founder of Divorce Planning of Austin. She previously worked in both New York and London at CIBC and UBS, respectively, raising capital for both public and private companies. More recently, Pam spent six years on the faculty of the Finance Department in the McCombs School of Business at The University of Texas at Austin.
Pam is a Certified Financial Planner™ professional and Certified Divorce Financial Analyst® who authored, I Now Pronounce You Financially Fit, a book on marriage, divorce and the art of maintaining a healthy financial balance throughout. She has been featured in publications including The New York Times, U.S. News and World Report, Estate Planning Magazine and has been on-air with ABC News Radio. In 2018, Pam was a finalist for Austin Woman Magazine’s Woman’s Way Business Award.
Pam is a founding member of The Center for Integrated Divorce, an Austin, Texas based network of mediators and other consultative professionals in divorce. She is a trained family law mediator, a trained financial neutral for collaborative divorce cases, and a member of Collaborative Divorce Texas. Pam also serves on the Board of Directors of Association of Divorce Financial Planners (ADFP).
Pam earned the designation CERTIFIED FINANCIAL PLANNER™ (CFP®) in 2006 and Certified Divorce Financial Analyst® (CDFA®) in 2011. Pam holds an MBA, BBA and BA in Finance and Economics from The University of Texas at Austin. She enjoys walking with her husband, Mitch, and their dogs on the trail on Lady Bird Lake, watching standup comedy at The Paramount, and visiting zoos in the U.S. and around the world.