New York Center for Financial Studies Passes the Torch, Allocating Funds to Finseca Foundation to Advance Financial Security for All


WASHINGTON, D.C. – September 18, 2024: Finseca, home of the top financial security professionals, is honored to announce that the New York Center for Financial Studies has chosen to integrate into the Finseca Foundation as it winds down its operations.

“The Center has served its mission admirably for the last 45 years, thanks to the generosity and dedication of many leaders in the New York City financial services industry,” said Robert Eichler, President of the New York Center for Financial Studies. “Because both our and the Finseca Foundation’s vision, goals and commitment are so aligned, we’re thrilled to advance the mission of financial security for all by collaborating with the Foundation. We believe uniting under one umbrella will strengthen and preserve the legacy we’ve built well into the future, and we believe we should do this together, under the Finseca Foundation.”

“We are deeply grateful to the New York Center for Financial Studies for their support and for entrusting us with the mission of carrying forward their legacy of education and professional development in the financial security profession,” said Marc Cadin, CEO of Finseca. “This decision, coming as our seventh organizational integration since Finseca’s founding in 2020 and alongside our growth to over 10,000 members, is a testament to our continued relevance and our shared commitment to ensuring that every American has access to the financial security they deserve. With a $12 trillion protection gap and tens of millions of Americans with little to no retirement savings, there is an urgent need for more protection, and this profession is the solution.”

Bonnie Godsman, President of the Finseca Foundation, echoed this sentiment, adding, “The Foundation Board unanimously approved this decision with the New York Center for Financial Studies. These programs will ensure financial professionals in the New York area have the training and support necessary to serve their clients at the highest level.”

The New York Center for Financial Studies, founded in 1980 by New York insurance leaders, has offered pre-licensing training and continuing education courses for financial professionals, along with advanced designation and degree programs, to help them better serve their clients.

The additional funding given to the Finseca Foundation will support and expand New York programs designed to educate financial professionals, ensuring they have access to the latest training and resources. These programs are central to the Finseca Foundation’s ongoing efforts to strengthen the profession and Finseca’s goal of achieving financial security for all.

About Finseca Foundation
The Finseca Foundation is a 501(c)(3) nonprofit organization of financial security professionals focused on financial empowerment, industry research, and diversity. The Finseca Foundation will work directly with the Finseca organization and the men and women of the financial security profession to help Americans achieve financial security by focusing on four transformational pillars:

• Elevate the work of the financial security profession;
• Accelerate professionals at any stage of their career in any marketplace;
• Advocate for effective public policy that puts more people on the path to financial security, and
• Educate the profession and the people we serve.

Finseca promotes the value and purpose of financial security professionals, unifies our voice, and broadens financial security to more communities and generations of Americans.

Media Contact
Maggie Seidel – (c) 202-718-7774 | mseidel@finseca.org

Featured Upcoming Event:

Road to Tax Reform: A House Perspective on Tax

Join us for a House perspective on tax, debt ceiling and government funding. Forty-nine House Republicans and a dozen senators…

About

Together, we elevate our profession by serving the needs of our members. We protect dreams and promote financial wellbeing for all. We are the home of the top financial security professionals. Together, we are Finseca.

Events

Finseca events put insight and intentionality front and center, helping financial security professionals protect and enhance the financial well-being of people, families, and businesses everywhere.

Insights

As the home of the top financial security professionals, Finseca will elevate the reputation and visibility of the work our members do.

Resources

Access searchable content in one place! It has never been easier to find what you need to accelerate your business and maximize results. From deeper dives into diverse topics on policy and regulation, to one-pagers and webinars featuring experienced industry leaders, the Finseca Resource Library is your one-stop shop for quick and actionable tools.

Communities

Finseca’s Communities are designed to help meet the needs of each unique community within the financial security profession. Our model brings the profession together for issues that impact everyone, while also providing a customized, community-focused structure for discussion and collaboration in a more intimate setting for different areas of the profession.