CDFA® Steps
Although the scope of service for divorce financial engagements will vary, this is our process:
Step #1: Establish and Define the Relationship with You
- Mutual agreement regarding the scope of service(s) to be provided.
- Agreement regarding fee arrangement and/or compensation.
- Disclose any limitations or conflicts of interest.
- Determine our and your responsibilities.
- Providing any additional information necessary to define or limit the scope of service.
Step #2: Gather your data and information relevant to the engagement
- We will obtain sufficient quantitative and qualitative information and financial documents relative to the scope of the service.
- Suppose we cannot obtain sufficient case information, financial records, or documents, which could impact the completion of the assignment and/or conclusions and opinions that can be reached. In that case, this shall be communicated by our team to you.
Step #3: Completion of Analysis / Assignment
- Dustin B. LaPorte, CFP®, CKA®, CCFS®, CDFA® will use reasonable, unbiased judgment when arriving at conclusions and/or developing a financial opinion relative to an assignment.
- Assumptions used should be based on sound economic/financial principles.
- Dustin will go over the findings with you for clarity, direction, and fine-tuning
Step #4: Presentation and delivery of the work product/assignment
- Analyses and reports that are completed will be done professionally and competently to reflect the high standards of the divorce financial analyst profession and the IDFA.
Step #5: Completion of Engagement
- At the conclusion of a divorce financial analyst engagement, we will send you written correspondence confirming the engagement's completion.