Podcasts about finra foundation

The COVID-19 pandemic disrupted many facets of American life but did not derail a trend toward increasing financial capability. Still, not all Americans are benefiting equally from improvements in financial wellbeing, according to the new FINRA Foundation Financial Capability Study. On this episode, Gerri Walsh and Gary Mottola of the FINRA Foundation join us to delve into the latest results of this nationwide, triennial study and their implications for the financial industry, researchers, policymakers and more.Resources mentioned in this episode:2021 National Financial Capability StudyFINRA FoundationFinancial Literacy QuizEpisode 38: 2018 Financial Capability Study, Part I: Does a Rising Tide Lift All Boats?Episode 39: Financial Capability Study, Part II: Tracking Shifting Currents of Financial Well-Being

Juneteenth is a day to celebrate, but it's also a day to reflect upon the hardships that African Americans endured and the forces that continue to undermine the freedoms of Black Americans. One of the places that these forces are most clear is in the U.S. financial system, in which Black Americans and other people of color have been historically underrepresented. On this episode, we invite you to join us in this reflection as we hear from FINRA's Vice President of Talent Acquisition and Chief Diversity Officer Audria Lee and from Ritta McLaughlin, Director of Community Outreach, about how FINRA has been working to build equitable solutions and a better future within our organization, our communities and the financial industry. How are we doing? Take the FINRA Unscripted survey today. Resources mentioned in this episode:2021 Diversity, Equity & Inclusion ReportDissertation Completion Fellowship ProgramBoard of Governor's Diversity StatementRacial Justice Task Force

This episode originally aired in November 2021. For service members, a missed credit card payment might do more than just ding their credit report, it could also jeopardize a hard-fought promotion. And for their spouses, move after move might be more than just a financial or logistical hardship; it might also be the biggest hurdle in their own career growth. These challenges are two sides of the same coin. The FINRA Foundation Military Spouse Fellowship Program is just one program that is aiming to address both sides. On this episode, we sit down with FINRA Military Spouse Fellows Heather Baker, Shay Cook and Andia Dinesen to learn more.How are we doing? Take the FINRA Unscripted survey today. Resources mentioned in this episode:AFCPE FINRA Foundation Military Spouse FellowshipFind an AFCPE Certified ProfessionalYellow Ribbon Network/Coordinated Assistance NetworkMilitary OneSourceCoast Guard Support

For service members, a missed credit card payment might do more than just ding their credit report, it could also jeopardize a hard-fought promotion. And for their spouses, move after move might be more than just a financial or logistical hardship; it might also be the biggest hurdle in their own career growth. These challenges are two sides of the same coin. The FINRA Foundation Military Spouse Fellowship Program is just one program that is aiming to address both sides. On this episode, we sit down with FINRA Military Spouse Fellows Heather Baker, Shay Cook and Andia Dinesen to learn more.Resources mentioned in this episode:AFCPE FINRA Foundation Military Spouse FellowshipFind an AFCPE Certified ProfessionalYellow Ribbon Network/Coordinated Assistance NetworkMilitary OneSourceCoast Guard Support

Native communities face unique challenges and opportunities when it comes to their personal finances. Helping them navigate the sometimes-confusing world of finance is Shawn Spruce, the recipient of the 2021 Ketchum Prize. Every year, the FINRA Investor Education Foundation awards the Ketchum Prize, the FINRA Foundation's highest honor, to recognize outstanding service and research to advance investor protection and financial capability in the United States. On this episode, we talk to Shawn Spruce about his advocacy and outreach, the financial challenges facing Native communities, and what leaves him feeling optimistic about the future.Resources mentioned in this episode:First Nations Development Institute: Building Native CommunitiesAsk Dr. Per Cap Blog

In the 30 years since the passage of the of the Americans with Disabilities Act, or ADA, there have been profound changes. But in this 30th Anniversary year, much remains to be done to advance the economic self-sufficiency of Americans with disabilities. Michael Morris’s research into and advocacy work around the financial security and capability of Americans with disabilities earned him the 2020 Ketchum Prize, the FINRA Foundation’s highest honor, which looks to recognizes outstanding service and research to advance investor protection and financial capability in the U.S.On this episode, we talk to Michael Morris, the founder of the National Disability Institute, about his research, the intersection of race and disability, potentially impactful policy changes that have yet to be made and what leaves him feeling optimistic about the future.Resources mentioned in this episode:National Disability InstituteKeys to Financial Inclusion PodcastRace, Ethnicity and Disability: The Financial Impact of Systemic Inequality and IntersectionalityFinancial Capability of Adults with DisabilitiesWebinar, October 14: The Extra Costs of Living with a Disability 

How many Americans are investing in non-retirement accounts? How are they making decisions about where to put that hard-earned cash? How much do they truly understand about investing? And how has this all changed over time?The FINRA Foundation’s latest study, Investors in the United States 2019, looks to uncover the answers to these questions and more to get a pulse on the investing habits of AmericansOn this episode of FINRA Unscripted, Gerri Walsh, president of the FINRA Foundation and senior vice president of Investor Education at FINRA, and Gary Mottola, director of research at the FINRA Foundation, tell us more.Resources mentioned in this episode:Investors in the United States 20192018 National Financial Capability Study38: Financial Capability Study, Part I: Does a Rising Tide Lift All Boats? FINRA FoundationInvestor Knowledge Quiz

Hackathons aren’t new. Silicon Valley has been using them for years and they’ve become commonplace among technologists. But what about a Buildathon?On this episode of FINRA Unscripted recorded at the first ever Buildathon in Boston, we hear from three leaders who pulled together a unique collaboration between FINRA, the private sector and academia. They discuss FinTech and the investor literacy landscape, how this event is different from other hackathons and why cross-sector partnerships can lead to better technology solutions.Joining us on this episode are: Kevin McGovern, managing partner of Deloitte’s New England office; Charles Senatore, senior advisor at Fidelity Investments' Devonshire Investors unit; and Haimera Workie, the head of FINRA’s Office of Financial Innovation.The Buildathon, part of FINRA’s Innovation Outreach Initiative, challenged some of the world’s best technology students at MIT and Harvard to solve common problems faced by everyday investors. On this episode, we learn more.Resources mentioned in this episode:Deloitte’s “Closing the gap in fintech collaboration”FINRA Foundation’s National Financial Capability StudyFINRA Foundation and GLEC’s “New Evidence on the Financial Knowledge and Characteristics of Investors”

The way Americans think about and plan for retirement is changing. Gone are the days when Americas drop out of the workforce at 65 and hit the golf course, according to the University of Pennsylvania Wharton School’s Dr. Olivia S. Mitchell, the 2019 recipient of the Ketchum Prize. Sitting at home for 30 years or longer simply isn’t financially viable anymore. Dr. Mitchell’s research into the evolving world of retirement security earned her the 2019 Ketchum Prize, the FINRA Foundation’s highest honor, which looks to recognizes outstanding service and research to advance investor protection and financial capability in the U.S.On this episode of FINRA Unscripted, Dr. Mitchell walks us through her research into everything from pensions, Social Security, annuities and more, and discusses how the issues have changed – and what Americans can do about it. Resources mentioned in this episode:FINRA Foundation Awards 2019 Ketchum PrizeDr. Mitchell’s Latest ResearchKnowledge@Wharton High SchoolFollow Dr. Mitchell on Twitter

How many Americans participate in the gig economy? Do you regret paying what you did for college? Would you avoid a medical service due to its cost? The economic concerns of Americans shift over time. That’s why the FINRA Foundation Financial Capability Study is always asking new questions to get a pulse on recent changes to American financial capability and well-being. On this episode of FINRA Unscripted, the second part of our two-part series on the 2018 Financial Capability Study, we dig into these questions and emerging trends and more. Resources mentioned in this episode: 2018 National Financial Capability Study FINRA Foundation NFCS Financial Literacy Quiz

The U.S. economy is improving, but not all Americans are benefiting equally. Many Americans are failing to save money, struggling with student loan debt and facing decreasing financial literacy, according to the new FINRA Foundation Financial Capability Study. On this episode of FINRA Unscripted, the first of a two-part series, Gerri Walsh and Gary Mottola of the FINRA Foundation join us to delve into the study results and their implications for researchers, policymakers, advocates and more. Resources mentioned in this episode: 2018 National Financial Capability Study FINRA Foundation Episode 19: Debunked: 7 Myths about Millennials

Contrary to popular belief, many millennials aren’t too keen on robo-advisors and would actually prefer to work with a professional—but don’t feel confident enough to know where to begin. What does that actually mean for young, would-be investors? On episode 19, Gerri Walsh and Gary Mottola of the FINRA Foundation joined us on the first part of this two-part series to discuss these and other misconceptions and roadblocks that millennials face in their paths to becoming investors as revealed by the new study, "Uncertain Futures: Seven Myths about Millennials and Investing." In this second part of the series, Gerri and Gary are back to turn some of those myths into actionable information. If you haven’t yet started investing because you have too much debt, you lack confidence or don’t even know where to begin, stay tuned, because Gerri and Gary have tips for you on this episode of FINRA Unscripted. Resources mentioned in this episode: Uncertain Futures: Seven Myths about Millennials and Investing CFA Institute BrokerCheck IRAs 101: What You Need to Know Investor.gov FINRA.org – Prepare to Invest The True Value of Time for Young Investors

Millennials are on the cusp of surpassing Baby Boomers as the largest adult generation in America. Yet the soon-to-be largest generation in the nation remains substantially under-invested. Why? That is the question the FINRA Foundation and CFA Institute teamed up to answer. What they learned about this avocado toast eating, "I still live with my parents," social media-fueled FOMO generation might surprise you. Today, Gerri Walsh and Gary Mottola join us for part one of a two episode series to discuss the misconceptions and roadblocks millennials face in their paths to becoming investors. In part one, Gerri and Gary debunk some of the most common myths about Millennial investors and could-be-investors as revealed by the new study, "Uncertain Futures: Seven Myths about Millennials and Investing." Are you a millennial with an uncertain financial future? A financial professional looking to expand or better serve your Millennial clients? Then tune in to this episode of Unscripted and gain insight into the minds of the soon-to-be largest and most under-invested generation in America. Resources mentioned in this episode: Uncertain Futures: Seven Myths about Millennials and Investing National Financial Capability Study CFA Institute

4: Investing Smarter Do you have student loan payments every month? If you do, you’re not alone. Almost 70 percent of US grads leave college with student debt. And many are entering the job market in debt and entirely unprepared to manage their own finances. This is exactly what happened to our guest today, Gerri Walsh. It wasn’t until Gerri’s law school graduation day that she learned how much she had incurred in student loans, and it was more than she ever imagined. So today, Gerri works to make sure what happened to her, doesn’t happen to anyone else. Gerri is the head of FINRA’s investor education efforts and the FINRA Foundation is here today to help make us all smarter investors. Resources mentioned in this episode: FINRA Foundation Investor Resources

How equipped Americans are with the knowledge and skills they need to make financial decisions determine retirement options, homeownership, college education, and more. The National Financial Capability Survey, released in December 2009 by the FINRA Foundation, is the first of its kind in the United States. The survey explores how Americans manage their resources and how they make financial decisions. As Americans grapple with the current recession, the results are troubling: Only 41 percent of parents have set aside money for their children's college education, the majority of Americans don't have an emergency fund for financial emergencies and are not prepared for retirement, and more than one in five respondents use high-cost borrowing methods such as payday loans or pawn shops. Annamaria Lusardi has studied financial literacy and financial capability in the United States and around the world. She is a professor of economics at Dartmouth College, a regular contributor to the International Business Times, and a research associate at the National Bureau of Economic Research. In this interview, she discusses how the financial landscape has become more complex, how Americans score on financial capability and literacy, and the personal implications of low financial capability.