Expert Retirement and Financial Advisor Mark Kinney Offers Tips for Avoiding Financial Fallout After Divorce
Seasoned retirement and financial strategist, Mark Kinney, discusses the importance of establishing de facto financial independence after finalizing a divorce.
Lee, Massachusetts — May 11, 2016—Founding partner of Toole, Kinney & Company, Inc., Mark Kinney, CFP®, published a new article entitled, “Avoiding Financial Fallout After Divorce.” In the article, he encourages those going through a divorce or those recently divorced to protect their financial futures by seeking counsel from a CFP®, just as they sought expert legal advise from a highly qualified lawyer during divorce proceedings.
Mark writes, “Now that you are separated, it’s time to assemble your own team of financial advisors, who can help you protect your finances and wealth. Although you and your ex-spouse may have shared financial advisors in the past, you may feel uncomfortable confiding in the same advisors after your divorce. That’s OK. Part of establishing your financial independence is making choices that protect your own interests
Just as you smartly obtained a competent legal advocate, you should now align in a similar fashion with a financial advocate. Should you, like many I speak with, feel hesitant to do so because you’re embarrassed at your lack of understanding about your investments…don’t be. Most investors privately admit they don’t fully understand them either. Additionally, you may also feel “trapped” in a relationship with your ex-spouse’s broker out of a sense of loyalty…don’t make this common mistake.
You deserve your own advisor.”
The entire article can be found HERE http://www.kinneywealth.com/avoiding-financial-fallout-after-divorce/
About Mark Kinney:
Mark D. Kinney, CFP®, has been advising clients for close to 30 years on how to maximize their retirement income in a sustainable, repeatable, and verifiable manner, while minimizing risk exposure to the daily turbulent financial markets. His keen insights into conservative and income generating investment options have been invaluable to those approaching or currently in retirement. In addition to his decades of experience and financial know-how, he held Series 7 and 63 FINRA Securities registrations for over 25 years, holds several insurance licenses, and has held the Certified Financial Planner ™ (CFP®) designation in good standing for 20 years.
After successful careers with a number of reputable financial institutions, Kinney established Toole, Kinney, & Co., Inc., in 1999. Kinney has been cited on such national news outlets and financial publications as CNN.com, Fox Business, NBC, Wall Street Select, and The Miami Herald. He remains active in several area charities, has participated in several marathons, including the Boston Marathon in 2013 and 2014, enjoys all activities outdoors, and currently lives in Stockbridge, Massachusetts.