News Release

Military Spouses Receive Fellowships to Conduct Financial Counseling

WASHINGTON — Fifty military spouses throughout the U.S. and overseas have been awarded the FINRA Investor Education Foundation's 2013 Military Spouse Fellowship. The FINRA Foundation fellowship provides spouses with the training necessary to earn the Accredited Financial Counselor® (AFC®) designation. This accreditation will provide these military spouses with marketable job skills and the resources and experience they need to help military families build brighter financial futures.

The program, which began in 2006, is administered in partnership with the Association for Financial Counseling and Planning Education® (AFCPE®) and the National Military Family Association. The fellowship covers the costs associated with completing the AFC® training and testing. Since its inception in 2006, the program has awarded more than 1,250 fellowships to military spouses across the United States and around the world.

"Over the past seven years, more than a thousand FINRA Foundation Military Spouse Fellows have worked to improve the financial lives of tens of thousands of military servicemembers across the country and around the world," said FINRA Foundation President Gerri Walsh. "In military communities everywhere, spouse fellows are helping military families manage their money wisely and build a path to greater financial security."

Recipients of the Military Spouse Fellowship commit to completing the courses of study and working in the financial counseling field serving their communities for up to two years. To date, spouse fellows have logged more than 375,000 hours assisting servicemembers and their communities. Current accredited spouses serve as financial counselors at family readiness and support centers, credit counseling and tax centers, financial aid offices and local military credit unions throughout the U.S. and abroad.

"We have worked closely with the military community to make this program meet the unique challenges faced by military spouses. Wherever military life may send them, spouses who complete this program will have a valuable credential that can help them build a successful professional life," said Rebecca Wiggins, Executive Director of AFCPE®.

"Military spouses face unique challenges – ranging from PCS moves to multiple deployments – as they build their careers," said Joyce Wessel Raezer, executive director of the National Military Family Association. "The Military Spouse Fellowship program helps spouses balance the demands of the military lifestyle, while at the same time building a rewarding career."

The program is open to spouses of active-duty or retired Army, Navy, Air Force, Marine Corps, Coast Guard, and Army or Air National Guard or reserve component servicemembers, as well as to spouses of U.S. Public Health Service Commissioned Corps and National Oceanic and Atmospheric Administration professionals.

A list of the 2013 class of spouse fellows is available upon request. Full biographies of selected accredited spouse fellows are available at

About the FINRA Investor Education Foundation
The FINRA Investor Education Foundation is the largest foundation in the United States dedicated to investor education. Its mission is to provide investors with high-quality, easily accessible information and tools to better understand the markets and the basic principles of saving and investing. In 2006, the Foundation launched a multifaceted program to expand the saving and investing knowledge of military servicemembers and their spouses, including a free, unbiased resource, A proud partner in the Department of Defense Financial Readiness Campaign, the Foundation also presents financial education forums at military installations worldwide.

About AFCPE®
The Association for Financial Counseling and Planning Education® (AFCPE®) provides professional development experiences for financial educators, practitioners and researchers to improve the economic well-being of individuals and families worldwide. The Association's vision is to be internationally recognized as the leading provider of professional development opportunities for financial educators, counselors, and researchers. Visit for more information.

About the National Military Family Association
Military families serve our country with pride, honor and quiet dedication. The National Military Family Association is the leading nonprofit organization committed to strengthen and protect the families of the men and women currently serving, retired, wounded or fallen. We provide families of the Army, Navy, Marine Corps, Air Force, Coast Guard and Commissioned Corps of the USPHS and NOAA with information, work to get them the benefits they deserve and offer programs that improve their lives. Our 40 years of service and accomplishments have made us a trusted resource for military families and the Nation's leaders. Visit for more information.