Securian Financial completes $3 million transformation
King of Prussia, Pennsylvania, Feb. 28 2022 (GLOBE NEWSWIRE) — The American College of Financial Services is proud to announce a $3 million investment through a combined commitment from Securian Financial and the Securian Financial Foundation in the American College Center for Economic Empowerment and equality. This significant donation will serve as the foundation for new Center for Economic Empowerment and Equality programs to recruit and train black counselors. For its leadership, Securian Financial will be recognized as the Centre’s Presenting Funding Sponsor.
“The American College of Financial Services is grateful for Securian Financial’s financial commitment, which will allow the Center for Economic Empowerment and Equality to build on existing programs and create new resources to recruit and retain more black finance,” said George Nichols III. , president and CEO of the American College of Financial Services. “The vital support of Securian Financial and other industry leaders, with a strong commitment to closing the racial wealth gap with sustainable, collective, community-driven solutions, enables us to collaborate with those seeking change. the story of our history around economic equity.”
Securian Financial’s significant commitment will help expand the Center’s Four Steps Forward initiative, including expanding a scholarship program to prepare more Black Americans for careers in financial services and setting up implemented a new approach to study group and mentorship programs to recruit, train, and retain more Black finance professionals.
“Securian Financial is committed to diversifying our business and the industries in which we operate, and this initiative will strengthen our efforts,” said Dexter Davis, Securian Financial’s Chief Diversity Officer and Second Vice President of Talent Development. “The financial advisory profession does not currently reflect America, especially with Black Americans. Recruiting and developing more black financial advisors will improve the industry and society as a whole, bringing in more people who are currently underrepresented and underserved in this important market.
Securian Financial is a longtime sponsor of the Conference of African American Financial Professionals (CAAFP), and through their commitment, they have renewed their sponsorship through 2026 and will support the building of the CAAFP community network. CAAFP is the largest conference for African-American financial professionals and will hold its 16th annual conference in Washington, D.C. August 8-10, 2022.
“The investments made by Securian go beyond the financial. The company’s commitment includes significant thought leadership that will amplify the impact of the Center’s recruiting and training programs,” says Steve Grourke, CAP®, CFRE, Vice President of Advancement and Alumni Relations at the American College of Financial Services. “The College and Securian Financial have worked together to build our relationship[BJ1] to ensure that our efforts will have a tangible and lasting impact on Black finance professionals and Black communities across the country.
Since launching the Center for Economic Empowerment and Equality in August 2020, more than $10.5 million in corporate, foundation and individual commitments have been made to support Four Steps Forward, the The Centre’s flagship initiative to promote upward mobility and wealth creation in black communities. This funding has helped build the Center’s capacity and launch important programs, including:
- Black Executive Leadership Program – An executive-level cohort program designed for the financial services industry, to cultivate and empower black leaders and executive sponsors in financial services.
Learn more about the Center for Economic Empowerment and Equality and our committed partners at Equality.TheAmericanCollege.edu.
ABOUT THE AMERICAN COLLEGE OF FINANCIAL SERVICES
The American College of Financial Services was founded in 1927 and is the nation’s largest nonprofit educational institution devoted to financial services. Holding the highest level of academic accreditation, the College has trained one in five financial advisors in the United States and offers two master’s degrees in financial management and services, as well as prestigious financial planning designations such as Retirement Income Certified Professional® (RICP ®) , Chartered Life Underwriter® (CLU®), Wealth Management Certified Professional® (WMCP®), Chartered Advisor in Philanthropy® (CAP®), Chartered Special Needs Consultant® (ChSNC®), Chartered Financial Consultant® (ChFC®) and training leading to the Certified Financial Planner™ (CFP®) certification. College faculty represent some of the financial services profession’s foremost thought leaders. Visit TheAmericanCollege.edu and connect with us on LinkedIn, Facebook, Twitter, Instagram and YouTube.
ABOUT SECURIAN FINANCIAL
At Securian Financial, we’re here for the family. And we are here because of that. We are guided by our purpose: to help clients build secure tomorrows. Since 1880, we’ve built a uniquely diversified business that has weathered economic ups and downs while remaining loyal to our customers. We are committed to the markets we serve, providing insurance, investment and retirement solutions that give families the confidence to focus on what really matters: banking memories with those who matter most. . Based in St. Paul, Minnesota, Securian Financial is a Fortune 5001 company and one of the nation’s largest life insurers. Securian Financial Services, a subsidiary of Securian Financial, is a registered brokerage and investment advisory firm offering a full range of financial services through a network of independent local businesses and 1,100 affiliated financial professionals.
1. 2021 Fortune 500 Companies List, June 2021. Based on 2020 reported total GAAP revenues. Rankings are limited to publicly traded companies, farmer-owned cooperatives, and mutual insurance companies headquartered in United States.
Securian Financial is the trading name of Securian Financial Group, Inc. and its subsidiaries. Insurance products are issued by its insurance subsidiaries, including Minnesota Life Insurance Company and Securian Life Insurance Company, a licensed insurer in New York. Securities and investment advisory services offered by Securian Financial Services, Inc., Member FINRA/SIPC.
Securian financial transformation gift