According to a recent study by UBS, 59 percent of widows and divorcees wish they had been more involved in long-term financial decisions. Women in transition need a particular approach in financial planning to help them ensure financial security at this time of uncertainty. For many of these women, it may be the first time they have handled the finances on their own.
Francis Financial released a white paper on women, money and divorce. This presentation will share a brief overview of the study’s findings on the financial, legal and emotional challenges women face in divorce when getting a divorce. The primary focus of the presentation will discuss the best practices of supporting female clients during this transition, as well as how to effectively work with this niche.
Overview: General review of subject from a broad perspective/ dive into basic knowledge on a skill or topic. For newer CFP or unfamiliar with subject
October 03, 2018
- Identify the major financial and emotional challenges women face during and after divorce and how to best support them
- Understand what women look for in an adviser and the importance of a collaborative approach of professionals for your client
- Discuss best marketing practices and tools to develop a marketing plan proven to work for women in transition