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Marguerita M. Cheng

Retirement, Investing, Lifestage Based Planning
“Marguerita M. Cheng is passionate about ensuring that her clients have clarity and confidence about planning for their financial future.”

Blue Ocean Global Wealth

Job Title:

Certified Financial Planner


Marguerita M. Cheng is the Chief Executive Officer at Blue Ocean Global Wealth. Prior to co-founding Blue Ocean Global Wealth, Marguerita was a Financial Advisor at Ameriprise Financial and an Analyst and Editor at Towa Securities in Tokyo, Japan. Marguerita is a spokesperson for the AARP Financial Freedom Campaign and a regular columnist for Kiplinger. She is a CFP® professional, a Chartered Retirement Planning CounselorSM, a Retirement Income Certified Professional® and a Certified Divorce Financial Analyst.

As a Certified Financial Planner Board of Standards (CFP Board) Ambassador, Marguerita helps educate the public, policy makers, and media about the benefits of competent, ethical financial planning. She serves as a Women’s Initiative (WIN) Advocate and subject matter expert for CFP Board, contributing to the development of examination questions for the CFP® Certification Examination. Marguerita also volunteers for CFP Board Disciplinary and Ethics Commission (DEC) hearings. She served on the Financial Planning Association (FPA) National Board of Directors from 2013 – 2015 and is a past president of the Financial Planning Association of the National Capital Area (FPA NCA).

Marguerita studied at Keio University in Tokyo, Japan, and earned her B.S. in Finance and her B.A. in East Asian Language and Japanese Literature from the University of Maryland, College Park. She is a recipient of the Ameriprise Financial Presidential Award for Quality of Advice and the prestigious Japanese Monbukagakusho Scholarship.

Marguerita’s mantra is “So many people spend their health to gain wealth, and then have to spend their wealth to regain their health” (A.J. Reb Materi).


BS, Finance, Keio University
BA, East Asian Language & Japanese Literature, University of Maryland

Fee Structure:


CRD Number:


Insurance License:


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February 2018
    Investing, Lifestage Based Planning
April 2017
    Asset Allocation, Financial Planning, Investing
May 2018
    Women & Money, Financial Planning, Retirement Plans, Retirement Savings
July 2018
    Personal Finance
May 2017
    Investing, Starting Out

All Answers
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    Financial Planning, 401(k), Choosing an Advisor, IRAs, Women & Money
How should I manage the increase in my student loan payments?
100% of people found this answer helpful

Hi! First, congratulations on your healthy cash reserves and retirement savings.  Most definitely do not put your loans into forbearance. Many consumers do not realize that they can contact their student loan servicer to explore other payment options. Here is the link. https://studentaid.ed.gov/sa/repay-loans/understand/plans. I don't know much about your situation, so I want to also provide options. If you are not comfortable cutting back on retirement savings because you value the tax savings, consider paying off your credit card. I know your cash will reserve will decrease, but so will your monthly expenses. You can direct those savings to your cash reserve or student loan payment. Finally, I am not certain if you received a tax refund for 2017. If you did, consider adjusting the amount of tax withholding. I certainly don't want you to owe money in taxes. I want you to have your money working for your throughout the year. Good luck.

May 2018
    Debt, Retirement, 401(k), Alternative Investments, Annuities
What alternative investments should I consider to lower the amount I owe at tax time?
100% of people found this answer helpful
May 2018
    Retirement, IRAs
Can I open a spousal IRA or Roth IRA if my spouse is retired and over 70.5 years old and I make sufficient income from active working to do so?
100% of people found this answer helpful
June 2018
    Retirement, Social Security, 401(k)
Will my husband's 401(k) distributions be reduced if he is just withdrawing the interest off of it?
100% of people found this answer helpful
July 2018
    Marriage / Divorce, Financial Planning, Pensions
What happens to my pension after I remarry?
100% of people found this answer helpful
July 2018