Frequently Asked Questions
Financial Advisors is a Clark County based group of financial planning practitioners serving individuals, families and small businesses.
What is a CFP(R)?
The CFP marks represent a Certified Financial Planner designation. An individual who has earned these marks has met the education, examination, experience and ethics standards established by the Certified Financial Planners Board of Standards (CFP Board). Therefore, a financial planner who has earned the CFP marks should be distinguished from a financial planner who has not. Consumers need to be aware that there is nothing preventing a person from declaring themselves a "Financial Planner", and it is therefore incumbent upon the consumer to differentiate between a planner who has earned the marks and one who hasn’t.
If a financial planner has earned the right to use the CFP marks, this means that he or she has met the following requirements:
Candidates must also adhere to the CFP Board’s Code of Ethics and Professional Responsibility and Financial Planning Practice Standards.
Additionally, once certified, CFP certificants must fulfill a biennial continuing education requirement to stay up-to-date on planning strategies and financial trends affecting their clients.
What is the Financial Planning Process?
The financial planning process involves several steps that address the complex nature of financial affairs.
What is a Certified Divorce Financial Analyst (CDFATM)?
A CDFATM is an experienced financial professional who is trained to analyze the specific financial issues in divorce. They are members of the Institute for Divorce Financial Analysts. A CDFATM will confidentally examine your personal property, retirement assets, investment accounts, current earnings, future earning capacity and expenses. They consider alimony, tax implications, health care costs, cost basis of your investments and the value of your business or partnership. They work with your attorney and/or mediator and analyze your equitable distribution proposals. With proper planning and expert help from a professional specializing in financially equitable divorce settlements, you can increase your chances of arriving at a settlement that fully addresses your long-term financial needs.
What is an "Enrolled Agent"?
Enrolled Agent (EA) is a prestigious designation from the Internal Revenue Service. EAs must pass a rigorous examination, a background check, and meet lengthy annual continuing professional education requirements. That’s why EAs account for less than 10 percent of all tax practitioners – and are considered a cut above the rest. By selecting an Enrolled Agent to handle your taxes, you are assured a superior level of taxation expertise – so you can be confident of thorough, insightful service and uncommon professionalism that makes a real difference.
Our goal is to help you clearly identify your financial goals and to help chart a course toward your financial well being. Some of you are making your first investment, while others are planning for retirement. We look forward to the opportunity to work with you as you progress through your life.