CERTIFIED DIVORCE FINANCIAL ANALYST - CDFA
Professional designation given to individuals expert in financial issues related to divorce. The role of the analyst include being an advisor to one party’s divorce lawyer or acting as a middleman for both parties. To become a CDFA, one must have two-year financial planning or legal experience, finish a four-step modular program, and pass the examination administered by the Institute for Divorce Financial Analysts (IDFA).
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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Starting Your Own Small Business: Financing a Business
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