Military spouses receive financial training

Finra is continuing to reach out to the spouses of military personnel to give them the training to help others deal with financial difficulties.
SEP 06, 2009
Finra is continuing to reach out to the spouses of military personnel to give them the training to help others deal with financial difficulties. The Financial Industry Regulatory Authority Inc. said recently that it has awarded 195 military spouses a fellowship to earn the accredited-financial-counselor designation. The hope is to continue to place the accredited spouses as financial counselors at family readiness and support centers, credit-counseling and tax centers, financial-aid offices and local credit unions throughout the United States and overseas, Finra said in a statement. This is the fourth year that Finra's Investor Education Foundation has offered the Military Spouse Fellowship. “Military families face unique challenges due to their mobile lifestyle — the result of frequent moves and deployments — that can disrupt the lives of military families and a spouse's career path,” Joyce Wessel Raezer, chief operating officer of the National Military Family Association, said in the statement. That group, along with the Association for Financial Counseling and Planning Education, administers the program. The program “gives spouses portable job skills that are flexible to the demands of the military lifestyle and can help them build a rewarding career in the financial-counseling field,” she said.

Latest News

Global equity release market set to triple, with US leading growth
Global equity release market set to triple, with US leading growth

Aging homeowners hold record housing wealth - but most advisors still aren't bringing it into retirement plans

Retiree alleges advisor withheld $600K through real estate LLC web
Retiree alleges advisor withheld $600K through real estate LLC web

$1.7M invested from an inheritance. Then the phone went dead.

SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception
SEC accuses Linqto chiefs of 'Wizard of Oz' investor deception

The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.

GLP-1 users are trading retirement savings for their prescriptions
GLP-1 users are trading retirement savings for their prescriptions

A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.

Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors
Inspired Healthcare sale price of properties is 59% of $1.2 billion sold by advisors

The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor