Swooping in to teach

SEP 16, 2012
By  Esha Ray
Kids need financial advice, too. Fortunately, crime-fighting superheroes — with amazing financial acumen — have come to save the day. This month, Gray Television Inc. stations premiered “The ¢entsables,” a half-hour show aimed at teaching children 6 to 12 about money management and the financial system, as well as giving useful facts and tips. The weekly animated series follows six bank employees of various species — Aquatique the duck, Greenback the turtle, Hurlwind the squirrel, Toro-nado the bull, Ursa Major the bear, Veloci-Rabbit and their leader, Buck — as they fight villains such as The Liquidator and Credi-tor, and demonstrate positive financial choices for the citizens of ¢entsinnati. The series includes short public service announcements throughout each episode, an interactive website, a comic book series and school outreach programs. A “¢entsables” savings program for kids already has been licensed to 30 banks and credit unions across the country. The show's creator, Mark DiPippa, president of Norm Hill Entertainment Ltd. thinks that financial advisers, accounting firms, retail banks, credit unions and insurance companies could use it to help their clients teach their kids about money. “The average kid in America knows nothing about finance,” he said. “With today's kids spending more than $30 billion on purchases each year, promoting financial literacy should be a priority.” Unfortunately, kids learn very little about money matters in school, Mr. DiPippa said. “There are only four states in the country that have a financial literacy requirement in high school,” he said. Tony Intelisano, Gray Television's executive vice president of sales and marketing, thinks that the use of superhero characters will help kids connect with the program and improve financial literacy in their generation — a vast improvement over what today's adults were taught. “The ¢entsables” is co-produced with Maya Digital Studios Pvt. Ltd., an animation studio based in Mumbai, India.

Latest News

Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading
Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading

"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.

Raymond James hauls Ameriprise advisors managing $1.1B in New York
Raymond James hauls Ameriprise advisors managing $1.1B in New York

Elsewhere, Sanctuary Wealth recently attracted a $225 million team from Edward Jones in Colorado.

Cetera debuts new alts allocation portfolios for accredited investors
Cetera debuts new alts allocation portfolios for accredited investors

The giant hybrid RIA is elevating its appeal to advisors with a curated suite of alternative investment models, offering exposure to private equity, private credit, and real estate.

Steward Partners expands in California with $1.1 billion RIA acquisition
Steward Partners expands in California with $1.1 billion RIA acquisition

The $40 billion RIA firm's latest West Coast deal brings a veteran with over 25 years of experience to its legacy division for succession-focused advisors.

Invictus managers withhold $10M, trigger ERISA asset showdown
Invictus managers withhold $10M, trigger ERISA asset showdown

Invictus fund managers allegedly kept $10 million in plan assets after removal, setting off a legal fight that raises red flags for wealth firms.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.