My Friend was Financially Flattened by Her Divorce. That’s why I’m now a CDFA®

Chances are, someone close to you has been through a divorce. Maybe it was amicable and maybe it wasn’t, but one thing is almost certain: it wasn’t easy. Divorce is particularly challenging, as the impact is felt in many areas of everyday life, from family structure to financial outcomes.

It can be a very traumatic time, even under the best circumstances.

My Story

A few years ago, someone I care very much about went through a divorce and it changed my perspective on the process – especially when it came to dealing with the financial details. I didn’t feel the outcome was equitable, financially speaking, and I have spent considerable time wondering if it would have been different if there had been a financial professional involved.

After a period of reflection and a good deal of research, I decided to pursue the Certified Divorce Financial Analyst™ designation. I believe experienced financial advisors, especially Certified Financial Planner™ professionals, are uniquely positioned to help divorcing couples understand the short-term and long-term impact of their negations around their finances. Especially the long term! Why? Because we’re already following a process that:

  • Looks at the big picture,
  • Is comprehensive in nature,
  • Is cognizant of the emotions surrounding money and finances,
  • Works to improve short-term and long-term financial outcomes, and
  • Evaluates each decision through multiple lenses.

Sometimes, when you’re so deep into a situation that you can only view life on a day-to-day basis, it’s natural to make short-term decisions with long-term ramifications. It’s easy to worry about the here-and-now, and leave the future for later. But you can’t afford to do that.

The statistics vary by study, but experts estimate that between 40%-50% of marriages will end in divorce. That’s a staggering number of people making incredibly important financial decisions that will impact their lives and the lives of their loved ones forever. They need resources and professionals who can help them with their critical decisions.

I, for one, want to be that resource.

CDFA® professionals can play an important role in the divorce process. You can learn more about where the skills of the CDFA® fit here.




Andrea Blackwelder Financial Planner

Andrea Blackwelder is a Certified Financial Planner ™ Practitioner, a CDFA® professional, and the co-founder of Wisdom Wealth Strategies, a fee-based financial planning and investment advisory practice. Andrea looks at your complex financial planning puzzle and assists you with the best options and financial strategies that align with your financial needs. To contact Andrea, email

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