InvestmentNews is committed to sharing financial literacy education efforts, initiatives and resources across the industry. Recent special projects include special issues in 2019 and 2021 coordinated with Financial Literacy month that focused on financial literacy resources. Below we provide a regularly updated list of resources.
Known mostly for its pro bono efforts, the foundation also offers resources for broader financial education and recommends connecting with the Financial Planning Association and National Association of Personal Financial Advisors for additional opportunities.
Website: http://foundationforfinancialplanning.org/
Pro Bono Planner Match: An initiative of the Foundation for Financial Planning, probonoplannermatch.org connects Certified Financial Planner professionals with opportunities to bring pro bono financial planning and advice to people in need.
Dedicated to demystifying the 403(b) and advocating for better investment choices for K‑12 teachers, 403bwise was launched in 2000 by Dan Otter and John Moore, two educators fed up with the lack of objective 403(b) information available to participants. If information was provided at all to employees, it was usually through sales pitches in classrooms, lunchrooms and union offices.
Website: https://403bwise.org/
In 2014, Tim Ranzetta and Jessica Endlich founded Next Gen Personal Finance (NGPF) as a non-profit organization to partner with personal finance teachers. NGPF provides FREE up-to-date curriculum, engaging professional development and advocacy resources to increase access to financial education. In addition to providing free curriculum and PD, NGPF issues various grants and sponsorships to schools, teachers, students, and like-minded organizations. As of 2020, NGPF's curriculum and professional development has extended to 43,000 middle and high school teachers reaching more than 2 million students.
Website: https://www.ngpf.org/
At Mana Money School, our mission is simple: to teach financial wellness in a format that sticks. We want to empower students from every community to grow their knowledge and confidence around money. Mana Money School begins with lessons on money psychology: how to get into the right mindset for a healthy financial life.
Website: http://manamoneyschool.com/
According to the CFP Board and the U.S. Census Bureau, only 3.8% of certified financial planners are Black or Latinx, while those populations make up 31.9% of our country. Our goal is to place at least 100 aspiring Black and Latinx financial planners in meaningful paid internships for the summer. This program is open to both students and career changers.
Website: http://blxinternship.org/
The Centsables provides financial literacy courses and educational programs for teens, millennials, adults and seniors. The five-stage education program takes users through the process and is especially aimed at young savers. The program also includes an animated series for children.
Website: http://centsables.com/
Want to add a resource? Email George Moriarty, Chief Content Officer, with the subject line "Financial Literacy Resource."
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
