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.
Managing Director and Principal of Robertson Stephens®
Pam Friedman is Managing Director and Principal of Robertson Stephens®, an investment lead wealth management firm with a broad prospective on wealth that includes legacy, family, relationships and ultimately our well-being. Pam is a Certified Financial Planner™ professional, Certified Divorce Financial Analyst® and founder of Divorce Planning of Austin. Pam's books (“Financially Fit Divorce” and “I Now Pronounce You Financially Fit“) detail her work on marriage, divorce and the art of maintaining a healthy financial balance throughout. She has been featured in The New York Times, US News and World Report, Divorce Financial Analyst Journal, Estate Planning Magazine and on-air with ABC News Radio.
Most recently, Pam was recognized as 2023's Woman Financial Planner of the Year by Wealth Solutions Report.
Earlier in her career, Pam worked as an investment banker, specializing in middle-market lending and private equity in New York at CIBC and served as executive director of high-yield bond research for UBS in London. From 2004 until 2010, Pam taught undergraduate and graduate-level investment management courses at The University of Texas at Austin. Pam holds an MBA and BBA Honors Business from the McCombs School of Business at The University of Texas at Austin.
Drawing on her extensive experience, spanning nearly 30 years in the industry, Pam helps clients truly enjoy their lives knowing they have a plan for their financial future. She’s building a community that appreciates how a little organization, a lot of planning, and a wealth of knowledge enables them to focus their time on the moments that really matter.
Pam books and related material, "Financially Fit Divorce" and "I Now Pronounce You Financially Fit" are not affiliated with Robertson Stephens Wealth Management, LLC. For more information about these resources, please go to www.financiallyfitdivorce.com