BFG in the News: Victor answers a reader’s question about navigating post-divorce financial life

Victor Cannillo, a Wealth Manager/Partner at Baron Financial Group, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, originally published in October 2025:

I’m divorced. How do I make sure my money is in the right place?

A 30-second read by Victor Cannillo: To help you navigate your post-divorce financial life, we would recommend working with a Registered Investment Adviser (RIA) whose sole compensation comes from the client (fee-only). 

• RIAs have a fiduciary duty to act in their clients’ best interests.  
• They would be able to help answer both your retirement and investment questions, with your specific goals and need in mind. 
• An advisor can help you assess items such as setting up a new budget, establishing an emergency fund, and determining your short- and long-term cash needs. They can also offer clarity on what is a feasible timeline for your retirement.
• Additionally, they can provide guidance on your current investments and determine if they are aligned with your risk appetite. As a newly single person you may need to re-evaluate your risk tolerance. Risk tolerance should consider both your willingness and ability to take risk. Dependent on your appetite for risk, the percentage allocation for different types of asset classes may differ.

Read Karin Price Mueller’s article here. 

If you have any further questions please reach out to the Baron Team.

Disclosure: Past performance is no guarantee of future results.  Every investment strategy has the potential for profit or loss. This material is not intended to be relied upon as a forecast, research, tax or investment advice. Please consult with a qualified tax, investment, or legal professional for personal advice.