These archives are stored in reverse-chronological order (most recent items on top)
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On July 2, 2008, Theodore R. Daniels, Founder and President of the Society for Financial Education and Professional Development and member of the U. S. President's Council on Financial Literacy presented his organization at the Financial Services Roundtable's Community Service 2008 Kick-Off at the ringing of the opening bell of the NASDAQ Stock Market. The Financial Services Roundtable includes the largest financial services firms in the country that will partner with non-profit organizations such as the Society for Financial Education and Professional Development to advance financial literacy in communities located throughout the country. |
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Theodore R. Daniels Speaks at the Art of Retirement Readiness Training Event
Washington, DC, May 30, 2008—Society for Financial Education and Professional Development’s President and Founder, Theodore R. Daniels, who serves on President George W. Bush’s Advisory Council on Financial Literacy, addressed federal employees at the Office of Personnel Management’s “The Art of Retirement Readiness” training event held in Anaheim, California, May 6-9, 2008.
Mr. Daniels, a former Federal employee, served as keynote speaker to 360 benefit officers who represented various federal departments and agencies located throughout the United States of America on the importance of providing financial education in the workplace, particularly as it relates to retirement education. Mr. Daniels, as Council member, spoke in two capacities in which he promoted financial literacy and as a representative of this organization where he gave the attendees an outline or model for a financial literacy program that could be used by their department or agency. This event included a variety of workshops to increase employees’ knowledge of Federal benefits programs, as well as financial education programs.
Mr. Daniels stated that: “The lack of a financially literate society causes the financial resources of households and the country to be used in an inefficient manner, thus hurting the financial viability of families, the ability to create wealth, and the country as a whole.” He went on to state that the provision of financial education could be a life-changing event for many employees.
About Office of Personnel Management (OPM)
OPM’s mission is to ensure the Federal Government has an effective civilian workforce. OPM accomplishes its mission by: Providing human capital advice and leadership for the President of the United States and Federal agencies; Delivering human resources policies, products and services; ensuring compliance with merit system principles and protection from prohibited personnel practices; and, holding agencies accountable for their human capital practices.
About the President’s Advisory Council on Financial Literacy
The President’s Advisory Council on Financial Literacy (the Council) was created on January 22, 2008 by President George W. Bush. The Council’s purpose is to help keep America competitive and assist the American people in understanding and addressing financial matters. Each member of the Council represents an industry involved with the delivery of financial education to American citizens. The President and the Secretary of the Treasury have tasked the Council to work with the public and private sector to help increase financial education efforts for youth in school and for adults in the workplace, increase access to financial services, establish measures of national financial literacy, conduct research on financial knowledge and to help strengthen public and private sector financial education programs.
About the Society for Financial Education and Professional Development
The mission of the Society for Financial Education and Professional Development (SFEPD) is to enhance the level of financial and economic literacy of individuals and households in the United States and promote professional development at the early stages of career development through mid-level management. SFEPD has created and presented a series of financial education seminars to expose students of historically black colleges and universities to the fundamentals, strategies and intricacies of personal financial management-critical information and insight that they may not get elsewhere…or may learn too late. The organization has developed and presented financial education for non-profit, profit and governmental organizations. For more information about SFEPD and its financial education programs, visit www.sfepd.org.
Theodore R. Daniels Speaks at the Annual “Kappas on Capitol Hill” Legislative Conference
Washington, DC, April 24, 2008- Theodore Daniels, President and CEO of the Society for Financial Education and Professional Development participated in a panel discussion at Kappa Alpha Psi’s Sixth Annual “Kappas on Capitol Hill” Legislative Conference. The title of the panel discussion was “Not in My Wallet: Getting the Facts on Financial Literacy and Consumer Debt Education.” The conference was developed in coordination with the office of U.S. Representative Eddie Bernice Johnson.
With the theme, “Creating Inspiration: A Call to Service,” the conference addressed the modern day challenges that plague vast segments of the African-American community, such as inequities in quality of education, limited access to capital for small and minority businesses, predatory and subprime lending, and wide disparities within the criminal justice system.
Mr. Daniels spoke on the Federal government’s policy regarding the provision of financial literacy for all Americans and provided suggestions as to how the fraternity’s membership may serve as a catalyst within their communities to help build public awareness of available financial literacy resources. He also provided information about President Bush’s Advisory Council on Financial Literacy and encouraged members to submit comments in response to the Federal Register published on March 19, 2008, which identifies the areas that the Council will address.
Other panelists included, Ms. Lisa Ransom – Vice President, Federal Affairs Center for Responsible Lending, Ms. Susan Keating - President & CEO, National Foundation for Credit Counseling and Ms. Patience Singleton - Majority Counsel, House of Representatives Financial Services Committee.
The President of the fraternity, Mr. Dwayne M. Murray, Esq., challenged the participants at the conference to equip themselves with additional knowledge and tools to become better servant leaders for their families, communities, and Kappa Alpha Psi.
About Kappa Alpha Psi Fraternity, Inc.
Kappa Alpha Psi was founded on the campus of Indiana University on January 5, 1911. The Fraternity's fundamental purpose is achievement. Early in this century, African-American students were actively dissuaded from attending college. Formidable obstacles were erected to prevent the few who were enrolled from assimilating into co-curricular campus life at Indiana University in 1911, thus causing Elder W. Diggs, Byron K. Armstrong, and eight other black students to form Kappa Alpha Psi Fraternity, which remains the only Greek letter organization with its 1st Chapter on the University's campus. The founders sought a formula that would immediately raise the sights of black collegians and stimulate them to accomplishments higher than they might have imagined. Fashioning achievement as it's purpose, Kappa Alpha Psi began uniting college men of culture, patriotism and honor in a bond of fraternity.
About the Society for Financial Education and Professional Development
The mission of the Society for Financial Education and Professional Development (SFEPD) is to enhance the level of financial and economic literacy of individuals and households in the United States and promote professional development at the early stages of career development through mid-level management. SFEPD has created and presented a series of financial education seminars to expose students of historically black colleges and universities to the fundamentals, strategies and intricacies of personal financial management-critical information and insight that they may not get elsewhere…or may learn too late. The organization has developed and presented financial education for non-profit, profit and governmental organizations. For more information about SFEPD and its financial education programs, visit www.sfepd.org.
January 22, 2008 - Theodore Daniels named as a member of the President's Advisory Council on Financial Literacy
| In a White House ceremony, Theodore Daniels, President and CEO of
the Society for Financial Education and Professional Development, was
one of several prominent citizens who were appointed by president George
W. Bush to the President's Advisory Council on Financial Literacy.
For the official White House announcement, including a video, browse to: http://www.whitehouse.gov/news/releases/2008/01/images/20080122-7_p012208sc-0321-515h.html |
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November 5th, 2007 – SFEPD participates at 16th Annual NAAAHP Conference
Washington, DC –The Society for Financial Education and Professional Development (SFEPD) is pleased to announce that the organization participated at the 16th Annual National Association of African-American Honors Program (NAAAHP) Conference. Mr. Dywane Hall, a seminar presenter for SFEPD, presented a “Personal Money Management” workshop to the students.
The 2007 NAAAHP Conference was held October 31 to November 3, 2007 at the University of Maryland Eastern Shore campus. The NAAAHP aims to promote the development, enhancement, and support of honors programs in all HBCUs and PBCUs. The theme of this years Conference was “Beyond America: Black Americans in the World.”
For 16 years, NAAAHP member institutions, faculty members, student participants, and various other constituents of education organizations, gather at the NAAAHP’s conference to support honors programs in all HBCUs and PBCUs; advocate the funding of honors programs by federal and state agencies as well as by private philanthropic foundations and organization; facilitate the enrollment of African American-American students into graduate and professional schools; promote curriculums that foster lifelong discipline to knowledge; promote scholarship, and appreciation of the African American culture.
SFEPD Vice President Una Daniels-Edwards attended the Conference. “This is a must needed Conference. It is important that our youth strive for honors and once they reach that point, have the tools and resources to further advance their respective careers.”
This is the third year that SFEPD has participated in the event.
October 30, 2007 - Theodore Daniels, President and CEO of the Society for Financial Education and Professional Development was a featured guest on the radio show, “For Your Benefit.” The show is hosted by Bob Leins and Tammy Flanagan on Federal News Radio AM Radio 1050 WFED and presented by National Institute of Transition Planning, the federal leader in retirement planning. The title of the show was “Financial Literacy Pays Solid Rewards”. To listen to show in its entirety, click on the following link. http://icestream.bonnint.net:8000/dc/fnr/fyb/!FOR_YOUR_BENEFIT_10-27-2007.mp3.m3u
February 27, 2007 - Theodore Daniels speaks at a Two-Day Summit on Kindergarten through Postsecondary Financial Education
Washington, DC —The Society for Financial Education and Professional Development’s (SFEPD) founder and president, Theodore Daniels, recently spoke at the U.S. Department of Education on February 21, 2007. As part of Taking Ownership of the Future: The National Strategy for Financial Literacy, the U.S. Department of Education and the U.S. Department of Treasury hosted a K-12 through Postsecondary Financial Literacy Literacy Summit.
The Summit discussed the challenges involved in teaching young people about money. Financial education practitioners from around the country discussed innovative techniques used to improve youth financial literacy.
Mr. Daniels spoke and participated in a panel discussion regarding the provision of financial education at postsecondary institutions. He provided information about the seminars/workshops that SFEPD is currently providing to students of historically black colleges and universities. In addition, he shared the challenges and experiences of teaching financial education to this population.
December 12, 2006 - The Society for Financial Education and Professional Development Announces the Appointment of Theodore R. Daniels to the Certified Financial Planners Board of Governors
Washington, DC, —The Society for Financial Education and Professional Development (SFEPD) today announced that Theodore R. Daniels, Founder and President of SFEPD has been appointed to serve a four-year term on the Certified Financial Planners Board of Governors beginning January 2007.
The Certified Financial Planners Board of Governors establishes standards and governance policy for all 53,000 certified financial planners in the United States of America. Mr. Daniels has previously served as a member of CFP Board’s Consumer Advisory Council.
Mr. Daniels has more than 32 years of experience in the areas of financial management and investments. His background includes publishing a financial newsletter, syndicating a financial education column on personal finance, and producing a syndicated financial education television series broadcast on the Public Broadcasting System (PBS) and cable systems located nationwide for over 11 years. Mr. Daniels has designed, developed and conducted seminars as well as frequently served as a seminar speaker for large and small organizations of national prominence. He has also served as a financial advisor for many years. Over last four years he has developed and presented personal financial literacy training to students who attend colleges and universities located throughout the country.
He has a Bachelor of Science degree from Fort Valley State University and Bachelor of Laws degree from John Marshall School. He is a registered investment advisor.
He is also a honorary member of the Golden Key Honor Society.
About Certified Financial Planners Board of Governors
The mission of Certified Financial Planner Board of Standards Inc. is to help people benefit from competent, professional and ethical financial planning. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
About Society for Financial Education and Professional Development
The mission of the Society for Financial Education and Professional Development is to enhance the level of financial and economic literacy of individuals and households in the United States and promote professional development at the early stages of career development through mid-level management. SFEPD has created and presented a series of seminars to expose students of historically black colleges and universities to the fundamentals, strategies and intricacies of personal financial management—critical information and insight that they may not get elsewhere…or may learn too late. The organization has developed and presented financial education for non-profit, profit and governmental organizations.
September 29, 2006
On September 29, 2006, The Society for Financial Education provided an opportunity for minority students to participate in a Mortgage Lending Industry Career Fair.
The Career Fair was held as a separate event on the final day of the Diversity & Emerging Market Conference sponsored by the Lending Industry Diversity Conference, Inc. (LIDC), Compliance Technologies, Genworth Financial, and the Mortgage Banker’s Association of America (MBAA). Each student had an opportunity to meet and talk one-on-one with the nation’s fastest growing and leading mortgage lenders and other prospective employers who value diversity.
The following schools participated in the career fair:
Bennett College
Bowie State University
Coppin State University
Florida Memorial University
Howard University
Lincoln University
North Carolina A&T University
North Carolina Central
University
Elizabeth City College
Savannah State University
Virginia State University
Winston-Salem State University
University of Maryland Eastern
Shore
The career fair was a success with over 200 students in attendance. The students were enlightened and gained insight into the mortgage lending industry.
Dr. Johnnetta Betsch Cole, President of Bennett College, served as the keynote speaker of this event.
Shown below are pictures from the event.
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May 2006
The Society for Financial Education and Professional Development (SFEPD) attended HSBC-North America’s Celebrating Achievements in Financial Education (CAFÉ) Conference held in Chicago, May 25-26, 2006. The conference provided a forum to discuss best practices and highlighted HSBC’s Financial Education Grant Program and three other national signature financial education programs that the financial institution funds. SFEPD received a special program recognition award on the second day of the conference. Mr. Theodore Daniels, President and CEO, Mrs. Una Daniels-Edwards, Vice President of Program Coordination and Outreach, as well as the seminar presenters, Mr. Dwyane Hall, Gregory Kendall, and Ms. Daphne Wright were there to accept the awards.
The conference provided opportunities to meet peers across the country and key members of HSBC staff. It also provided inspiring and motivational stories from speakers to enhance each attendee’s business practices.
In August, 2005, SFEPD entered into a multi-year partnership with HSBC –North America, one of the nation’s largest financial service firms. HSBC-North America will fund credit and personal money management training for students of historically black colleges and universities nationwide over the next three years.
April 2006
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On April 25, 2006, the Society for Financial Education and Professional Development participated in the 2006 Financial Literacy Day on Capital Hill. The event was held in the Hart Senate Office Building and hosted by the offices of Senators Daniel K. Kaka (D-HI) and Michael B. Enzi (R-WY), Representatives Judy Biggert (R-IL) and Ruben Hinojosa (D-TX) who are the co-founders of the Congressional Financial Literacy Caucus. Jump$tart Financial Literacy Coalition, Junior Achievement, and the National Council for Economic Education joined together to create the Financial Literacy Policy Partnership to organized this year’s event. The goal of Financial Literacy Day was to expose policy makers, members of Congress, as well as their staff to the importance of financial literacy. This event also served as an opportunity for various organizations to exhibit their efforts in this area of financial literacy. There were 50 exhibitors at the event. At the right is a picture of the Theodore R. Daniels, President and CEO talking to Representative Judy Biggert about the Society for Financial Education and Professional Development’s financial literacy programs.
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March 2006
President and CEO of the Society for Financial Education and Professional Development speaks at The Washington Post Speaker Series – Managing Your Finances and Affording Your Higher Education Goals
Theodore R. Daniels, the President and CEO of the Society for Financial Education and Professional Development served on The Washington Post’s Speaker Series panel, held at the University of Maryland University College (UMUC) in College Park, Maryland on Saturday, March 11, 2006.
The topic of the meeting was titled “Managing Your Finances and Affording Your Higher Education Goals.” Mr. Daniels stressed the importance of managing your finances during the period when an individual is pursuing higher education. For example, he told the audience of UMUC students to:
a) Control their living expenses, e.g., transportation, utilities, food, etc.;
b) Develop arrangements for forced savings to accumulate funds to cover their education costs, e.g., automatic deductions transferred into savings accounts;
c) Increase income tax withholding to get a higher tax refund that can be used to cover the costs of upcoming educational costs.
Other individuals on the panel included: Mr. Ajamu Clark, Senior College Advisor at Theodore Roosevelt Senior High School, Ms. Dawn Mosisa, Associate Vice President at The University of Maryland University College Student Financial Services and Ms. Jane Collins Richstein, Director of Reach4Success.
February 2006
President and CEO of the Society for Financial Education and Professional Development speaks at the United States Department of Treasury
Theodore R. Daniels, the President and CEO of the Society for Financial Education and Professional Development was invited to serve as guest speaker at the U.S. Department of Treasury which coordinates the efforts of the Federal Financial Literacy and Education Commission.
At the Commission’s meeting, held on January 31, 2006, Mr. Daniels provided members of the Financial Literacy and Education Commission and individuals representing other national organizations with an overview of his organization, the goals of the program, and reviewed the types of seminars that are currently being presented to students of over 61 historically black colleges and universities nationwide. He also shared the positive impact that his program has had on students, by sharing program evaluation results submitted by college students who attended the organization’s seminars. The results stated that 98% of the attendees of the Personal Money Management stated that the information presented would help them better manage their personal finances while 89% of the attendees of the Credit Management seminar stated that the information presented was very helpful.
Other guest speakers also discussed financial education best practices in their organizations including: Ms. M. J. Pizzella, Associate Administrator, Office of Citizen Services and Communications, U.S. General Services Administration; Rosetta Jones, Vice President, Visa USA; and Theodore Beck, President and Chief Executive Officer, National Endowment for Financial Education.
The Financial Literacy and Education Commission was created by Title V of the Fair and Accurate Credit Transactions Act, signed by President Bush on December 4, 2003. The Commission is composed of the Secretary of the Treasury and the heads of the Office of the Comptroller of the Currency; the Office of Thrift Supervision; the Federal Reserve; the Federal Deposit Insurance Corporation; the National Credit Union Administration; the Securities and Exchange Commission; the Departments of Education, Agriculture, Defense, Health and Human Services, Housing and Urban Development, Labor, and Veterans Affairs; the Federal Trade Commission; the General Services Administration; the Small Business Administration; the Social Security Administration; the Commodity Futures Trading Commission; and the Office of Personnel Management.
The Department of the Treasury is a leader in promoting financial education. Treasury established the Office of Financial Education in May of 2002. The office works to promote access to the financial education tools that can help all Americans make wiser choices in all areas of personal financial management, with a special emphasis on saving, credit management, home ownership and retirement planning. The office also coordinates the efforts of the Financial Literacy and Education Commission, a group chaired by the Secretary of Treasury and composed of representatives from 20 federal departments, agencies and commissions, which works to improve financial literacy and education for people throughout the United States. For more information about the Office of Financial Education visit: www.treas.gov/financialeducation.
August 2005
Society receives grant from HSBC-North America
Theodore R. Daniels, President and CEO of the Society for Financial Education and Professional Development, announced a $750,000 grant from HSBC-North America to fund credit and personal money management training for more than 20,000 students of historically black colleges and universities. Mr. Daniels stated: “We expect this project will inspire young men and women to share their knowledge with families and friends and will enhance financial literacy in the African-American community at large.”
November 2004
Society CEO named to advisory board
Theodore R. Daniels, the President and CEO of the Society for Financial Education and Professional Development, has been chosen to serve as member of the Certified Financial Planners Consumer Advisory Council. The CFP Consumer Advisory Council provides broad based advice on the information and educational needs of consumers on issues related to personal financial planning.
