What is NOT a listed role of a CDFA in a divorce?

A Certified Divorce Financial Analyst (CDFA) has a specific set of roles that primarily focus on financial aspects associated with divorce. Among these roles, acting as a legal advisor is not part of the CDFA's responsibilities. Instead, a CDFA is typically tasked with analyzing the financial implications of divorce settlements, helping clients understand the long-term outcomes of financial choices, and preparing financial affidavits.

As a financial expert in a court case, a CDFA may provide insights or expert testimony regarding the financial repercussions of various divorce settlements, helping the court understand the financial variables involved. Additionally, managing client expectations is crucial, as this role involves educating clients about what is realistic in terms of asset division and financial outcomes post-divorce. Data collection for financial affidavits is also an essential function, as accurate documentation is pivotal in ensuring that financial disclosures are transparent and comprehensive.

By contrast, providing legal advice falls outside the scope of a CDFA’s role, as they are not licensed attorneys. Legal advice pertains to interpreting laws and guiding clients on legal matters, which requires specific legal training and credentials that a CDFA does not possess. Thus, identifying the role of a legal advisor as not applicable to a CDFA accurately reflects the distinction in responsibilities between financial experts