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CFEI Team Options 2018-01-01T12:52:59+00:00

Building a Financial Education Team – Tour & Case Studies

Creating your own financial literacy programming is a big undertaking that can make a lasting difference in the lives of those you reach. The NFEC supports organizations to develop and deploy financial education programming by supplying them with the training, resources, and expertise they need to ensure that their programs have maximum impact.

Building your own program requires convening a team of experts in financial education. Developing your own package can be beneficial if you have major customization needs.

Design & Development Support

The NFEC has designed campaigns ranging from small classroom programs to nationwide efforts that serve over half a million people. Our team of experienced professionals will guide you through the development process, ensuring that your campaign is in alignment with your educational, philanthropical, and organizational objectives at every step.

Equip a Team

Training and educational materials for organizations that have funds allocated toward the initiative. Organizations invest in the package and provide select team members with access. Add new team members as needed.

Learn More

Recruit a Team

Those seeking to build a team of financial educators receive a custom registration page where your team can purchase training and resources. Individuals or organizations recruit a team and pass along the cost to team members.

Learn More

Training Your Team of Financial Educators

The NFEC’s focus is on maximizing training time and efficiency during the professional development of your staff / volunteers. Programs can be customized to match your time, budget, and desired outcomes.

If you’re looking to build a qualified team of educators, we offer several options that can be conducted via live in-person training or through our eLearning platform.

Customized Training Options

Placement-based Training for Your Team

Performance evaluations and assessments enable us to determine your staff’s unique skill development needs. Financial educator training is developed to meet their needs, and learning barometers are established to measure their progress.

Need-based Customization for Your Team

After meeting and gathering data from your leadership team, the NFEC develops programming based on your needs. Common customizations are centered around subject-based, end-user-based, and time-based needs, while balancing those needs with your outcome goals.

Full Financial Educator Training

Comprehensive Training

For those seeking highly qualified financial education instructors who are proficient across a broad range of financial education topics, the full Certified Financial Education Instructor training is recommended (30 Professional Development Hours, 3 Continuing Education Units).

Team Training Tour & Sharable Overview

Equipping Your Team of Financial Educators

During the development process, our team helps you match the learning outcomes of your program with our inventory of over 400 hours of financial education assets. For those organizations with unique lesson needs, our curriculum design team will create custom resources for you.

Live Presentation Resources: In-Person or Webinars

Live presentation materials are engaging and meet core educational standards. Materials are available for all ages – kids through adults.

Info Sheet
Video Tour
Branding Options

Technology-based Learning: eLearning & Mobile Platforms

Leveraging best practices in eLearning combined with vivid design creates a unique learning experience where participants build their financial skill sets.

Info Sheet
Video Tour
Branding Options

One-on-one Consultations & Accountability Resources

Resources for personalized lessons that provide the option to be customized for the individual learner.

Post-Programming Resources

Post-programming provides an opportunity to acknowledge participants and provide them with ongoing financial education. Data gathering and reporting is also a critical element of post-programming you should consider.

Reporting

The NFEC can supply your team with detailed reports, or templates and resources to present your data.

Ongoing Education

The NFEC provides resources that help your participants feel supported down their financial education path after the program concludes.

Learner Certification & Certificates

Build affinity toward your program by recognizing people who participate in the campaign and highlighting the program’s success.

Equip a Team

Training and educational materials for organizations that have funds allocated toward the initiative. Organizations invest in the package and provide select team members with access. Add new team members as needed.

Learn More

Recruit a Team

Those seeking to build a team of financial educators receive a custom registration page where your team can purchase training and resources. Individuals or organizations recruit a team and pass along the cost to team members.

Learn More

Programming Case Studies

LiSA Initiative

LiSA Literacy Project

The NFEC’s work on LiSA Literacy Project centered around developing private-labeled curriculum developed, marketing support, targeted studies (women & money), Certification for their instructors, initiative design, support staff training and promotions.

Transamerica

Vince Shorb with Stig O. Nybo presenting the NFEC’s Financial Education Leadership Award to Deb Ruben.

Transamerica’s Financial Educators Academy

Transamerica had a vision to help educate a variety of beneficiaries (clients, personnel, prospective clients) and support their team of advisors. The NFEC was tasked with building a comprehensive financial education program that included development of a certification training program for financial professionals, customized curriculum, specialized testing and surveys, marketing promotions, and key note speaking for the program milestone events.

The overall program arms financial professionals with tools they need to improve financial literacy in whole communities. To access those resources, Transamerica requires each person to become “Certified Financial Education Instructors,” with a goal to deliver real results and have real impact on those they reach.

Read more about how this program started in 2013 with demand- and supply-side surveys of Transamerica stakeholders and resulted in the development of Transamerica Financial Educators Academy, training of hundreds of advisors and empowering people in communities with financial knowledge.

Transamerica Case Study

Transamerica reached out to the NFEC after hearing many financial professionals say that they wanted an opportunity to teach basic financial literacy but lacked the time, resources, or training. The NFEC was tasked with building a comprehensive financial education program. Their final solution included a certification training program, customized curriculum, specialized testing and surveys, marketing promotions, and lining up a high-profile speaker for the program launch event.

To guide program development, the NFEC conducted demand- and supply- side surveys of Transamerica management and advisors. These data were used to tailor the program to best meet the needs of all parties involved while encouraging cross-department collaboration.

The NFEC created a custom Certification Financial Education Instructor program specifically designed for financial professionals. The in-studio, fully-scripted production featured leading financial education instructors and financial professionals teaching subject matter aligned with the Framework for Teaching Personal Finance – the only existing set of national standards for financial educators. The NFEC rounded out the certification program by adding a custom video introduction and uploading it for access via an online college education platform.

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While the certified instructor program was in production, the NFEC customized curriculum to meet Transamerica’s specific needs. Our team worked with their compliance department and project leaders to ensure that the final version satisfied their needs. An extremely flexible, ready-to-use library of teaching tools was developed, including private-labeled PowerPoint® presentations, instructor’s guide and script, student guides, pre- and post-session assessments, homework activities, and certificates. These downloadable materials can be customized with each financial advisor’s logo and printed through the print-on-demand portal.

Promotional and co-promotional tools were developed by the NFEC and the Transamerica Financial Educators Academy. The resulting email and advertising templates help advisors promote events in their community. Customized graduation certificates also were created to commemorate attendees’ accomplishments and encourage participants to continue discussing the financial education topics with their families at home.

The campaign was launched on National Financial Educators Day, founded by the NFEC to honor financial educators. NFEC’s CEO, Vince Shorb, gave the keynote address at the Transamerica’s Retirement Readiness Summit, especially recognizing the exceptional efforts of three individuals who promoted financial wellness over the past year: Deb Rubin, Tom Hoffman, and Jania Stout. Customized awards were distributed by the NFEC and all attendees expressed excitement about the launch of the Transamerica Financial Educators Academy (TFEA).

The overall program arms financial professionals with the training and tools they need to improve financial literacy in whole communities. The program offers financial professionals the opportunity to become “Certified Financial Education Instructors,” with a goal to deliver real results and have real impact on customers and prospects.

The NFEC commends Transamerica’s leadership. They have launched one of the most comprehensive financial education initiatives in the financial industry today. Their dedication to serving communities across the country will have a lasting positive impact on the people and communities this campaign reaches.

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Pictured: NFEC’s CEO, Vince Shorb with Stig O. Nybo (President, Transamerica Retirement Solutions – Pension Sales and Distribution) presenting the NFEC’s Financial Education Leadership Award to Deb Ruben (Transamerica Retirement Solutions Senior Vice President, TPA and RIA Distribution). Congratulations to Deb for a well-deserved award.

Initial Partnership Announcement – Financial Educators Day 2014

The National Financial Educators Council celebrated Financial Educators Day at Transamerica’s Retirement Readiness Summit in Miami on April 25, 2014. At the event, NFEC CEO Vince Shorb spoke to the financial professionals in attendance about advocacy for financial wellness. The live event concluded with recognition of the exceptional efforts of three individuals who made special efforts to promote financial wellness over the past year.

Financial Educators Day, which takes place the last Friday of April, is set aside to recognize innovative leaders working to improve the financial capabilities of people in their communities. This year Deb Rubin, Tom Hoffman, and Jania Stout were honored during Transamerica’s second annual Retirement Readiness Summit. Deb Rubin, senior vice president of TPA and specialist advisor distribution for Transamerica Retirement Solutions, received the NFEC’s 2014 Financial Education Leadership Award for her dedication to improving retirement outcomes for American workers.

Arizona State University

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Arizona State University

The NFEC created a campus-wide peer financial literacy initiative for MidFirst Bank to deploy across Arizona State University. This program is going into its fifth year and was designed to widen the reach of financial literacy programming and improve the financial capabilities of its students.

The NFEC developed the core campus-wide campaign, including the materials they needed to host and promote their financial literacy programming. At the center of the campaign were their student-led program facilitators.

The program was peer-led, so Arizona State University students were trained and certified to deliver the customized workshops. Both live in-person and virtual training were provided to students who participated in the Certified Financial Education Instructor training course.

Using peer-led trainers presented unique opportunities and challenges. While the peer leaders could relate well with their fellow students, the format presented a credibility problem. To solve this issue, students went through additional practice to ensure that they could deliver the materials with confidence and that they knew the teaching pedagogy and personal finance content front-to-back.

To build peer leader confidence, the NFEC developed a custom curriculum package for the student facilitators. A series of four 90-minute workshops included 14 custom video segments. The video segments featured celebrity speakers and fellow students, with the goals of keeping participants engaged and reducing presenter training time. The coursework was broken up into the four core areas the university and bank felt would serve ASU students best: Savings & Investing, Budgeting & Account Management, Credit Profile, and Student Loans.

Comprehensive testing, surveys, and measurement tools were customized to accompany the curriculum. Measurement tools gathered relevant data to help all parties involved to assess program impact, recognize trends, and leverage information to provide students with timely and relevant financial education.

To get the word out, the NFEC developed custom marketing pieces and tools that helped form collaborative opportunities with various on-campus organizations and groups. Promotion also included materials to facilitate connections with various on-campus groups.

The ASU initiative currently is in its fifth year of conducting continued efforts to empower students with practical financial education. We commend MidFirst Bank and Arizona State University for promoting student financial wellness.

Arizona Attorney General’s Office

Arizona Attorney General’s Office

The Arizona Attorney General’s Office sought to expand its role of serving military and veteran families by hosting financial literacy and consumer protection initiatives. They contacted the NFEC to train their team of financial education instructors, provide resources, and support them through the grant application and funding process.

The Attorney General’s Office sought to serve a broad population, ranging from people experiencing financial problems to people who were financially sound. Beneficiaries of the training were referred through veterans’ court mandates, interested veterans and active duty personnel, first responders and their family members. The training team had experience teaching these various groups, but many expressed concern about their confidence to teach personal finance.

One of the AG Office’s top goals was to address those concerns and ensure that their team of instructors was capable and qualified to teach financial education subjects. They sought an instructor training course that would helped the educators gain a better understanding of each group they serve, engage with each participant in a meaningful way, and encourage positive behavior molding.

They selected the NFEC’s Certified Financial Education Instructor program, and all their forward-facing personnel were required to attend the training. To meet their scheduling needs, the CFEI course was taught over the course of one long day in person, with follow-up training provided online.

The pre– and post-tests results were quite positive. The financial educators showed a 28.4% improvement in test scores and leapt from a 30% pre-test passing rate to a 100% passing rate on the final exam. In follow-up surveys, 100% of the participants said they were “more confident delivering financial literacy topics” and “more confident in teaching a financial education class” after receiving the training.

Patrick Zieger of the Arizona Attorney General’s Office commented, “This course provided a good way to shore up key areas of my public presentations. Understanding more of the psychological dynamics of financial literacy will help me talk to people, motivate them and get them toward taking action.”ng action.”

The Attorney General’s Office also sought to secure funding though financial industry settlements.  The NFEC provided grant copy, program outlines, and a letter of collaboration that expressed willingness to partner with the Office of the Arizona Attorney General on their military financial literacy initiative. This collaboration helped them secure grant funding and deploy the program. The NFEC’s social enterprise fund was tapped to offset the soft costs of training, as a part of the NFEC’s commitment to serving our country’s veterans and active duty military personnel.

We commend the Arizona Attorney General’s Office for its commitment to providing those serving in the military with access to financial education training.

Equip a Team

Training and educational materials for organizations that have funds allocated toward the initiative. Organizations invest in the package and provide select team members with access. Add new team members as needed.

Learn More

Recruit a Team

Those seeking to build a team of financial educators receive a custom registration page where your team can purchase training and resources. Individuals or organizations recruit a team and pass along the cost to team members.

Learn More

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