Bryn Mawr, PA (PRWEB) December 22, 2005
With over 150,000 financial practitioners in its Alumni Association, The American College, the nation’s leading financial services educator, announced today that it is launching a national initiative designed to enhance consumers’ financial security.
On March 6, 2006, graduates of The American College will open their practices for one day and offer members of their local communities the opportunity to learn more about issues affecting their personal finances. American College alumni participating in National Financial Awareness Day will spend the day answering questions, sponsoring informational seminars and discussing the key elements of a sound financial plan. This event is being offered as a free public service and is designed to help individuals understand the importance of planning today to create a lifetime of financial security.
“Consumers need help reaching their financial goals,” said Larry Barton, PhD., President and Chief Executive Officer of The American College. “The average person isn’t saving enough for retirement and does not have the expertise to prepare for the escalating costs of medical care and long-term care.”
“Simultaneously, the integrity of the public safety net for Americans is eroding -- fast,” continued Barton. "The Pension Benefit Guarantee Corporation is facing significant funding issues. Earlier this year, the trustees responsible for Social Security reported that the trust fund will go broke in 2041, a year earlier than previously estimated. Trustees also said that Medicare, the giant health-care program for the elderly and disabled, faces insolvency in 2020.”
“If consumers are to successfully address the numerous challenges confronting them, they need to begin preparing now, and they need educated professional assistance,” said Barton. “That’s why we are asking our alumni to take time out of their practices for this initiative. We hope Americans from all over the country will take advantage of this opportunity and with the help of a reputable, credentialed professional financial advisor, take the necessary steps required to avoid getting caught in a potentially significant financial downpour.”
The Event: The American College’s National Financial Awareness Day
All American College alumni are invited to participate in this exciting inaugural event. Please contact Russ Figueira in Alumni Relations at 610-526-1200 or e-mail him to sign up. Additional information is also available at http://www.theamericancollege.onlinecommunity.com
As graduates of the nation’s oldest, largest and most prestigious distance learning institution devoted to financial services, The American College’s alumni are uniquely qualified to assist consumers as financial advisors, financial planners and wealth managers.
Consumers interested in meeting with an American College alumnus should visit http://www.theamericancollege.onlinecommunity.com to find a participating financial advisor in their area. Using the contact information available at the website, consumers can then arrange for appointments and obtain additional details about the services being provided on a local level.
The online database will be updated as more American College alumni sign up to participate in this event during the coming months. Consumers are encouraged to check the website regularly for the most current listing of participating advisors.
March 6 was chosen as the date for this annual event because it is the birthday of The American College’s founder Dr. Solomon S. Huebner. Dr. Huebner was a renowned financial educator whose theories about the human life value concept revolutionized the financial services industry. Building on the foundation created by Dr. Huebner, The American College today provides education to over 35,000 professionals annually working in insurance, securities, banking and accounting.
The American College is the nation’s leading non-profit educator of professionals in the insurance and financial services industry. The College is accredited by the Commission on Higher Education of the Middle States Association of College’s and Schools -- the same organization that accredits Princeton and the Wharton School of Business. The American College offers an array of specialized designation programs, Master of Science degrees in several disciplines and customized continuing education programs for those pursuing a career in financial services. For more information, visit http://www.TheAmericanCollege.edu.
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