Paul Comstock Partners Teams Up With FamZoo on Youth Financial Education

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FamZoo, an online family tool for teaching kids about personal finance, introduced its co-branded product for financial organizations at FinovateFall 2011 in Manhattan. Paul Comstock Partners is incorporating FamZoo Partner Edition as part of its innovative cross-generational financial education initiatives.

FamZoo Partner Edition offers financial institutions and wealth advisors a full-featured, co-branded solution that helps kids learn practical money skills through real-life experiences in collaboration with their most important mentors: their parents.

FamZoo is pleased to announce that Paul Comstock Partners is using FamZoo's new Partner Edition to expand their innovative cross-generational wealth education initiatives.

FamZoo.com unveiled its new online youth financial literacy product for banks, credit unions, and financial advisors at FinovateFall 2011 (http://www.finovate.com/fall2011/) on Wednesday, September 21st. FamZoo Partner Edition offers financial institutions and wealth advisors a full-featured, co-branded solution that helps kids learn practical money skills through real-life experiences in collaboration with their most important mentors: their parents.

Alison Comstock Moss, VP of Strategic Development, Paul Comstock Partners (http://www.paulcomstockpartners.com) says, “FamZoo is one of the most thorough, well thought out tools I’ve found to help parents teach young children healthy money habits. This virtual family bank guides parents, and kids, in taking small steps now that will prepare them for bigger financial responsibilities in the future."

“With their Empowering Beneficiaries program, Paul Comstock Partners has been cutting edge when it comes to cross-generational wealth planning and education,” says Bill Dwight, Founder and CEO of FamZoo (http://www.famzoo.com). “That’s why we’re so proud that Paul Comstock Partners has chosen to offer FamZoo’s Partner Edition to its client families as a hands-on, learn-by-doing resource for helping parents teach kids good money habits.”

On FamZoo.com, parents run their own private online "Bank of Mom & Dad" that can be fully customized using a variety of tools including IOU accounts, automated allowances, chore charts, budget worksheets, compound interest, savings calculators, loans, and more. Kids learn to save patiently, spend wisely, and give thoughtfully while collaborating with their parents in a safe, educational environment. FamZoo Partner Edition is a co-branded version of FamZoo with a built-in targeted advertising platform that allows banks, credit unions, and other financial organizations to deliver superior youth financial education while establishing a long-term relationship with their next generation clients.

Kathy Bray, a FamZoo user, says, “the FamZoo program is great -- finally an effective, straightforward way to track kid’s finances and help them with money management skills as they transition to adulthood.”

About FamZoo: FamZoo’s online "Virtual Family Bank" helps parents teach their kids good personal finance habits through real-world, hands-on practice. FamZoo Partner Edition is a co-branded version of FamZoo with a built-in targeted advertising platform that allows banks, credit unions, and other financial organizations to deliver superior youth financial education while establishing a long-term relationship with their next generation clients. For more information about FamZoo, please visit http://www.famzoo.com

About Paul Comstock Partners: Paul Comstock Partners is a fee only, private, independent, investment and wealth advisory firm. They provide high net worth individuals, families, private fiduciaries, private and public exempt organizations with leadership designed to maximize and affect the economic and non-economic benefits of their financial capital. For more information about Paul Comstock Partners, please visit http://www.paulcomstockpartners.com

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