“I received a large lump sum settlement from my divorce. How should I invest the money?”
Individuals receiving large sums of money — regardless if it comes after a divorce, an inheritance, or the sale of assets — should seek the help of a competent money manager, in order to protect the corpus (principal) and earn the maximum amount of return. Interview a number of money managers from various brokerage houses. Seek the help and guidance of friends and family and recommendations from people you trust.
Bruce M. Berger is a Certified Public Accountant (CPA) and Certified Valuation Analyst practicing in Fort Lauderdale. He is the managing partner and owner of Bruce M. Berger and Company. He also co-runs a mediation practice.