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Michael KothakotaCFP®, AFC, CDFA

I am a quantitatively-minded and relationship focused financial advisor who likes working with individual clients.

Raleigh, NC
CEO, WolfBridge Financial Corporation
Fee Structure: Fee-only

This describes how advisors are compensated for their work. Learn more in our Guide to Advisor Compensation
Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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2 out of 4 people Michael's answers helpful

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  • 1 out of 1 person found this answer helpful

    How can I save for a downpayment?

    Personal Finance

    There are some ways, some more sophisticated than others.  You could: 1)  Directly invest in

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    There are some ways, some more sophisticated than others.  You could:

    1)  Directly invest in U.S. government securities

    2)  Write (sell) "covered calls" which is an option against an investment you already own.  

    3)  Commercial paper

    The problem is that you have a short-term goal and there is often not much time to recover from any losses.  The above methods should virtually eliminate any downside, but there is always a chance you could lose money.

    The bottom line is the biggest indicator of what you have saved for a downpayment is the actual money you have saved.

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    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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  • 1 out of 1 person found this answer helpful

    Why would I need divorce insurance?

    Marriage, Personal Finance, Insurance

    Divorce insurance is often in place in the (hopefully) unlikely event that you would get divorced. 

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    Divorce insurance is often in place in the (hopefully) unlikely event that you would get divorced.  It has gained some popularity out in the Western part of the United States. 

    The gist is - you purchase divorce insurance (pay a premium) and in the event you get divorced, your legal fees would be paid for by the company insuring your divorce (up to a the amount covered under your policy).  This would allow you to get divorced and not face financial hardship. 

    After all, divorce is hard enough as it is.

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    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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  • 0 out of 1 people found this answer helpful

    When should I consider offering a 403(b) plan?

    Retirement Savings, Investing, Retirement, 401(k)

    The 403(b) plan is usually offered by some hospitals and non-profit organizations.  Usually you

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    The 403(b) plan is usually offered by some hospitals and non-profit organizations.  Usually you would offer one of these when your organization is earning enough revenue consistently to provide the platform as a benefit to employees.

    Most Executive Directors and non-profit boards would at some point want to start recruiting high quality staff or retain the good staff they have.  403(b) plans are often used as incentive tools.

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    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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  • 0 out of 1 people found this answer helpful

    Can you get life insurance for your child's father if you are not married?

    Divorce, Personal Finance, Insurance, Life Insurance

    Curtis is correct.  You need an insurable interest.  Alimony could be an insurable interest. 

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    Curtis is correct.  You need an insurable interest.  Alimony could be an insurable interest.  Even if you were not awarded alimony (some states bar those who were unfaithful in their marriage from alimony), you may have an insurable interest.

    How much of an interest is debatable. 

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    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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About

Michael is the CEO of WolfBridge Financial. Michael served in Operation Iraqi Freedom as a soldier in B Co, 1/120th Infantry out of North Carolina. He has written extensively on the financial issues of divorce and has testified as an expert witness in Family Court in North Carolina. Michael has been featured on radio and other media as an expert discussing issues dealing with divorcing couples. He holds an MBA from NC State University and is a CERTIFIED FINANCIAL PLANNER(R). Michael has passed Level I of the CFA designation and is pursuing Level II. He holds a Certified Divorce Financial Analyst (CDFA) designation, Accredited Financial Counselor (AFC) designation, Accredited Member (AM) and is a Financial Mediator and a member of the AFCPE and the American Statistical Society. He is currently a Master's candidate in Predictive Analytics at Northwestern University in Chicago.

Details

Contact Info
View contact info »
Email
michael.kothakota@wolfbridgefinancial.com
Phone
9192676740
Web
I am available for web conferencing
Address
4601 Lake Boone Traile
RaleighNC 27607
Firm Website
Focus Areas
Personal Finance, Retirement, Investing
Client Specializations
Divorcing couples, Engineers/scientists, Young professionals
Education
B.S. , Business Management, North Carolina State University

M.S., Predictive Analytics, Northwestern University
Registrations
Firm CRD #148317
Regulatory Records
Please visit FINRA's website to review WolfBridge Financial Corporation's records
While designations are not everything when selecting a financial advisor, they often indicate a certain level of knowledge related to a specific field and/or commitment to certain ethical and professional standards. Please see our detailed Guide to Financial Advisor Designations for more information.
Designations
CFP®, AFC, CDFA

*Financial Advisor Disclaimer: We try to keep information accurate and up to date, however we cannot make warranties regarding the accuracy of our information.

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