The Certified Divorce Financial Analyst® (CDFA®) designation is issued by The Institute for Divorce Financial Analysts™ (IDFA™), a national organization dedicated to the certification, education, and promotion of the use of financial professionals in the divorce arena.
- Founded in 1993, IDFA™ provides specialized training to accounting, financial, and legal professionals in the field of divorce financial planning. The CDFA® designation is available to individuals who have a minimum of two years of experience as a financial professional, accountant, or family lawyer.
- To acquire the designation, candidates must successfully pass all exams and be in good standing with their broker-dealer (if applicable) and the FINRA/SEC or other licensing or regulatory agency.
- To earn the designation, the participant must complete a series of self-study course modules and pass an examination for each module. The American module topics are:
- Financial and legal issues of divorce
- Advanced financial issues of divorce
- Tax issues of divorce
- Working as a CDFA®: case studies
- To retain the Certified Divorce Financial Analyst® designation, a CDFA® must obtain twenty hours of Continuing Education (CE) every two years (ten of which must be divorce-related), remain in good standing with the IDFA™, and keep his/her dues current.
To learn more about the CDFA® designation, visit institutedfa.com.
Justin Reckers served as a board member of the IDFA for three years and participated in the subject matter jurisdiction development for the CDFA® exams.