Finder Editorial Review Board Member: Marguerita M. Cheng, CFP

An award-winning advocate for ethical financial planning, Cheng has helped Americans meet their life goals for over 20 years.

Margeurita Cheng head shot

Marguerita M. Cheng, CFP

  • CEO of Blue Ocean Global Wealth
  • Certified financial planner (CFP), chartered retirement planning counselor (CRPC), retirement income certified professional (RICP) and certified divorce financial analyst (CDFA)
  • Regular columnist for Investopedia and Kiplinger
  • Member of the Diversity Advisory Group for the CFP Board
  • Expert in banking and savings, budgeting, divorce, education, financial planning, home loans, life insurance, personal finance, retirement, student loans and taxes

Education

Margeurita (Rita) Cheng earned a BS in Finance and a BA in East Asian Language and Literature from the University of Maryland-College Park.

Experience

With several financial planning certifications under her belt, Cheng helps educate the public, policy makers, and media about the benefits of competent, ethical financial planning.

The chief executive officer of financial advisory firm Blue Ocean Global Wealth, Cheng helps people meet their life goals through the proper management of financial resources. She’s passionate about helping them navigate some of life’s most difficult issues — divorce, death, career changes and caring for aging relatives — so they can feel confident and in control of their finances.

Cheng takes pride in her ability to make a difference in people’s lives by helping them gain clarity when times are tough.

Publications and accomplishments

When she’s not running her award-winning financial advisory firm, Rita Cheng stays busy lending her expertise to various publications, nonprofits and community organizations.

Career highlights

Featured publications

  • CNBC
  • Entrepreneur magazine
  • Forbes
  • Insider
  • Investment News
  • Kiplinger
  • MarketWatch
  • Nasdaq
  • The New York Times
  • The Street
  • The Wall Street Journal
  • Think Advisor
  • U.S. News & World Report
  • Yahoo Finance

Community service

  • Women’s Initiative (WIN) Advocate
  • Member of the Diversity Advisory Group for CFP Board
  • CFP Board Ambassador
  • Honored at the University of Maryland Smith School of Business’s Sixth Annual Women Leading Women forum, 2017
  • Served on the Financial Planning Association (FPA) National Board of Directors, 2013 to 2015
  • Former president of the FPA of the National Capital Area
  • Former spokesperson for the AARP Financial Freedom Campaign
  • Marathon runner for Girls on the Run to raise scholarship money for girls in underserved communities

Awards

  • Maryland’s Top 100 Women by the Daily Record, 2020
  • Investopedia’s Top 100 Most Influential Financial Advisors, 2019 and 2017
  • Woman to Watch by Investment News, 2017
  • Top 100 Minority Business Enterprise (MBE) by the Capital Region Minority Supplier Development Council, 2017
  • Recipient of the prestigious Japanese monbukagakusho Scholarship

Industry insights from Marguerita M. Cheng

We asked Cheng to flex her financial expertise by answering a few questions on trends she predicts for 2021.

What trend in the insurance industry do you predict will be big in 2021?

“Paperless and streamlined underwriting — for people who are really healthy, this is an amazing time to lock in affordable coverage.”

What industries do you see on the rise — and on the decline — due to the coronavirus pandemic?

“I see retail on the decline, since people’s priorities and spending habits have changed. People are spending more time and money on outdoor activities.”

What trend in the finance industry do you predict will be huge next year?

“Environmental, social and governance (ESG) factors — with a focus on companies addressing racial inequality, increasing board diversity and improving financial inclusion.”

Articles reviewed by Marguerita M. Cheng

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