Chartered Financial Divorce Specialist
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Chartered Financial Divorce Specialist
Chartered Financial Divorce Specialist (CFDS) is a Canadian professional designation that can be earned by eligible individuals holding a recognized financial designation (CFP, R.F.P., PFP, CLU, CHFC, CA, CMA, CIA, CGA, or CSWP) and have completed specific training in the financial aspects of life transitions with respect to collaborative (mediated) cohabitation, marriage agreements, relationships or marital breakdowns ( separation or divorce). It is based on professional best practice standards and a code of professional ethics, granted and monitored by the Academy of Financial Divorce Specialists in Ontario, Canada and other relevant licensing authorities. CFDS professionals are required to possess a recognized financial or accounting designation or accreditation. Annual ongoing education is required to maintain the designation. Adding financial expertise can simplify unrealistic expectations on the part of a separating couple which drive contested asset division. For exampl ...
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Professional Designation
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. Da ...
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Marital Separation
Marital separation occurs when spouses in a marriage stop living together without getting divorced. Married couples may separate as an initial step in the divorce process or to gain perspective on the marriage and determine whether divorce is warranted. Other couples may separate as an alternative to divorce for economic or religious reasons, for tax purposes, or to ensure continuing retirement and/or health insurance benefits for both spouses. A separation can be initiated informally, or there can be a legal separation with a formal separation agreement filed with the court. As for a divorce, the latter may include provisions for alimony, whether to have sole custody or shared parenting of any children, and the amount of child support Child support (or child maintenance) is an ongoing, periodic payment made by a parent for the financial benefit of a child (state or parent, caregiver, guardian) following the end of a marriage or other similar relationship. Child maintenance is ...
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Divorce
Divorce (also known as dissolution of marriage) is the process of terminating a marriage or marital union. Divorce usually entails the canceling or reorganising of the legal duties and responsibilities of marriage, thus dissolving the Marriage, bonds of matrimony between a married couple under the rule of law of the particular country or state. It can be said to be a legal dissolution of a marriage by a court or other competent body. It is the legal process of ending a marriage. Divorce laws Divorce law by country, vary considerably around the world, but in most countries, divorce is a legal process that requires the sanction of a court or other authority, which may involve issues of distribution of property, child custody, alimony (spousal support), child visitation / access, parenting time, child support, and division of debt. In most countries, monogamy is required by law, so divorce allows each former partner to marry another person. Divorce is different from annulm ...
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Advisor's Edge
''Advisor's Edge'' is a Canadian magazine for client-facing financial advisors that is published by Transcontinental Media. In 2016, ''Advisor's Edge'' published six issues. Advisor.ca is updated each business day. History and profile ''Advisor's Edge'' was founded in June 1998 by Maclean Hunter Publishing, which was part of Rogers Media, a subsidiary of Rogers Communications Inc. In September 2016, Rogers Media announced it was divesting all its business-to-business publications. On December 1, 2016, ''Advisor's Edge'' was acquired by Transcontinental Media. The readership of ''Advisor's Edge'' includes more than 33,500 client-facing investment and financial advisors. ''Conseiller'', sister magazine of ''Advisor's Edge'', reaches francophone financial advisors in Quebec. ''Conseiller'' was started in 2000. Awards ''Advisor's Edge'' has won the following recent awards: * Chartered Financial Analyst The Chartered Financial Analyst (CFA) program is a postgraduate profess ...
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Seneca College
Seneca College of Applied Arts and Technology, branded as Seneca Polytechnic since 2023, is a multi-campus public college in the Greater Toronto Area and Peterborough, Ontario, Canada. It offers full-time and part-time programs at the baccalaureate, diploma, certificate, and graduate levels. History Seneca opened in 1967 as part of a provincial initiative to establish an Ontario-wide network of colleges of applied arts and technology providing career-oriented diploma and certificate courses as well as continuing education programs to Ontario communities. The province was responding to the increasing need for sophisticated applied learning as technology continued to change the nature of work and the provincial economy. General education was considered an important element in post secondary education, and breadth courses continue to be a part of every program. In 2001, the colleges were granted the ability to offer baccalaureate degrees. Seneca is one of five Institute of Tec ...
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Investment Industry Regulatory Organization Of Canada
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also include currency g ...
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Professional Titles And Certifications
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. ...
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