Divorce Financial Expert 
Damon J. Wykrent,
CFP®, CDFA™, CFE
Professional Background

Damon Wykrent, CFP®, CDFA™, CFE has over a decade of extensive experience which includes work in the financial services industry and being a financial expert in a full service law firm.  On a daily basis, Damon provides expert financial support to attorneys and individuals going through the divorce process. Some of these areas include explaining business valuations, present value calculations for pensions and other assets, asset tracing, measuring economic damages, uncontested and contested property division, mediation and settlement support, QDRO support, expert witness testimony, and work as a neutral financial expert as part of a collaborative team.


Interesting Facts about Damon:

· Listed as one of “The Best Financial Planners in Dallas”, 2004 D  Magazine

· Quoted in Fidelity Magazine on various financial planning topics

·
Has made numerous public presentations in the Dallas/Fort Worth Metroplex on
“Gaining Financial Control of Your Divorce”
· Has testified as an expert witness in Denton, Dallas and Jack counties
· Has completed the Basic Interdisciplinary Collaborative Law Training
· Speaker for the Denton County Bench Bar Conference, May 2010, presented “Secrets Hiding in Your Client’s Tax Return” and “The Common Financial Mistakes Made by Attorneys”

·
Speaker for the Denton County Paralegal Association, May 2013, presented “Understanding Teacher Retirement System (TRS) benefits and QDRO Basics



What do the initials behind Damon's name mean?


CERTIFIED FINANCIAL PLANNER™CFP®- Is a professional that is dedicated to using the financial planning process to serve the financial needs of individuals, families and businesses. Most CFP® professionals have earned a four-year college degree in finance-related areas, and have completed a course of study in financial planning approved by the CFP Board. To earn the prestigious CFP® certification and remain certified as a CFP® professional, individuals must meet four main requirements:

Examination: They must successfully complete the CFP Board and comprehensive certification examination, which tests the individual’s knowledge on various key aspects of financial planning.

Experience: They must acquire three years’ financial planning-related experience before receiving the right to use the CFP® marks.

Ethics: They must voluntarily ascribe to the CFP Board’s code of ethics and additional requirements as mandated. CFP® professionals who violate the code can be disciplined, including the permanent loss of the right to use the CFP® marks.

Education: They must complete 30 hours of continuing education every two years to stay current in financial planning knowledge, including ethics. Compliance with these four all-important areas assures you that an individual who holds the CFP® certificate is well prepared and qualified to give you sound, professional advice.

Certified Divorce Financial Analyst CDFA – This credential states that an individual has specialized financial training in the area of divorce.  CDFA’s must have 20 hours of Continuing Education every two years to maintain certification.  

Certified Fraud Examiner CFE - The Certified Fraud Examiner credential denotes proven expertise in fraud prevention, detection and deterrence. CFE’s are trained to identify the warning signs and red flags that indicate evidence of fraud and fraud risk. CFE’s uncover fraud and implement processes to prevent fraud from occurring.  CFE’s must have 20 hours of Continuing Education every year to maintain certification. 

   

 

 

 

 

 

 

 

 

 

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