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How Financial Advisors Can Help Prep For Divorce

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financial advisor magazineIn his most recent column for Financial Advisor Magazine, Cordell & Cordell Principal Partner Joe Cordell explains how financial advisors can help clients prepare for a divorce. 

“Not only can your financial advisor help provide you with your first realistic glimpse into what lies ahead for your financial future, but they can help establish a framework for what issues are likely to arise when it comes to separating your assets,” Mr. Cordell wrote.

Mr. Cordell also explained how it can be helpful to meet with a financial advisor even if you are unsure you want to go through with a divorce so you have a better grasp of the financial challenges you are likely to face during the process.

“This can be a particularly useful initial meeting since the financial advisor has a more personal relationship with their client that has likely developed over many years, whereas the divorce attorneys you meet with have little knowledge of your background,” Mr. Cordell said.

Click here to read the entire article.

Frank Murphy

Edited By Frank Murphy

Chief Compliance Officer
Frank Murphy

Frank Murphy is the Chief Compliance Officer and an Executive Partner at Cordell & Cordell. His responsibilities include oversight of the Firm’s compliance with Legal and Ethical obligations as well as contributing to the day-to-day operations of the Firm as an Executive Partner.

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