CDFA CFDS What is the Difference?

A CFDS (Certified Financial Divorce Specialist) or a CFDA (Certified Financial Divorce Analyst) can help you navigate the financial part of your separation negotiations.

A CFDS (Certified Financial Divorce Specialist) or a CFDA (Certified Financial Divorce Analyst) can help you navigate through the financial part of your separation negotiations.

People often ask “What is the difference?” The CFDA started in the U.S.A. and is now in Canada and has been for a few years with Canadian content. The CFDS is managed and owned in Canada only with Canadian content.

CDFA - Certified Divorce Financial Analyst

The Institute for Divorce Financial Analysts™ (IDFA™) is the premier national organization dedicated to the certification, education and promotion of the use of financial professionals in the divorce arena.

The financial issues inherent to every divorce case are often times the ones that are the most overlooked. However, once a divorce settlement has been signed, it’s too late to change it. Who should keep the house? How much will it cost to live post divorce? How much alimony is there going to be and for how long? Will the custody arrangement affect child support? How can the retirement accounts be split and the money accessed? How can a business be offset? Should a business be valued? What is the value of health care benefits? Most important of all, will the clients be able to financially survive (and thrive) with the settlement post divorce? Certified Divorce Financial Analysts™ are trained to answer these questions and more for men and women in the process of divorce and to provide litigation support for their attorneys, which helps them prove and often settle their case

CFDS - Chartered Financial Divorce Specialist

A Canadian based accreditation and Canadian specific training for financial professionals.

The goal of a Chartered Financial Divorce Specialist (CFDS) is to provide an objective assessment of potential divorce financial settlement scenarios. A CFDS follows a strict code of ethics as monitored by the Academy of Financial Divorce Specialists (Canada). To become a Chartered Financial Divorce Specialist accreditation, professionals must first hold a previous financial designation specific to Financial Planning.