Special Bulletin for Academy of Financial Divorce Specialists

This is to advise you of an important positive development we wish to share with you.

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The Institute for Divorce Financial Analysts (IDFA) had decided they will no longer offer Canadian designations and support their Canadian CDFA members as of December 31st, 2020.

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We have negotiated the following to support those with prerequisite financial designations:

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  • If a CDFA member holds a prerequisite financial destination accepted by the Academy, they will be allowed to transfer their membership to be AFDS and become a CFDS
  • If a CFDA member does not hold a prerequisite financial designation, they will have 30 months to get an accepted financial designation and then allowed to become a CFDS
  • There will be no negative impact on CFDS members, and this will strengthen the designation for everyone in Canada

The process of the transfer will begin in January 2021.

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The IDFA will continue to support their American CDFA members and maintain the designation in the United States only.

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This will strengthen both of our organizations for the ultimate benefit of the public.

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If you have any questions or concerns, please feel free to Contact Us as always.

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Linda Cartier

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CFP R.F.P. CFDS

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