News Release: Certified Divorce Financial Analyst® Angela B. Baker Begins Serving Divorcing Couples in Northern Virginia
The Institute for Divorce Financial Analysts™ (IDFA™) is pleased to announce that Angela Baker, Relationship Manager with West Financial Services in McLean, Virginia, recently completed a specialized educational program in professional divorce analysis and is now a Certified Divorce Financial Analyst® (CDFA®).
As a CDFA®, Ms. Baker’s role is to help her clients and their attorneys to understand how financial decisions made today will impact the client’s financial future. She evaluates the various settlement options for dividing marital property (including pensions), the financial and tax implications of dividing property, and of child and spousal support payments.
“Having experienced divorce, I can personally relate to the emotional and financial toll it takes on all parties involved. Too often decisions are made in haste in order to just ‘get it over with’ without full knowledge of the long-term consequences of such decisions. Years following the divorce, I don’t want my clients to say ‘if only I had been better informed, I would have decided differently.’ Instead, I want my clients to look back and appreciate how I helped to manage their expectations, thoroughly explore the possible settlement options and arrive at an informed, equitable and acceptable division of property,” said Ms. Baker.
Ms. Baker (JD, CFP®, CDFA®, RICP®, CLTC, CASL®) has 30 years of experience in comprehensive financial planning, insurance, and wealth management services. Her focus is working with women, particularly those who are divorcing, divorced or widowed. Over the years she has found that the greatest concern expressed by her clients is running out of money in their retirement years, so she works to help them secure their financial future.
IDFA™ trains professional financial planners, accountants, and lawyers to determine the financial needs and outcomes for couples after divorce.
Founded in 1993, IDFA™ currently has more than 2,000 CDFA® professionals across the United States and Canada. The designation and this niche industry are expanding rapidly as more people across the country search for alternative divorce processes — from collaborative law to mediation — rather than litigating their case. Most CDFA® professionals hold two or more financial designations: 66% of CDFA® professionals also hold the CFP® designation, and 24% hold a CPA, CA, or CGA. Thirty-nine percent of CDFA® professionals hold one or more of the following designations: ChFC®, CFA®, CLU®, CVA®, MBA, JD, LL.B., Certified Family Mediator, or Certified Fraud Examiner. For more information about IDFA™ or the CDFA® designation, visit www.institutedfa.com.