The launch of the CFPB financial coaching initiative
Today, we’re excited to launch our financial coaching initiative. We’re cohosting the launch with the U.S. Department of Labor (DOL) and the event will take place at 11:30 a.m. EDT. The launch will feature remarks from Director Richard Cordray and Secretary of Labor Thomas Perez, as well as other key program participants.
We’re streaming the event live so you can follow along. After the event, a recording will be available here as well.
Our financial coaching initiative
Whether you’re a veteran who has recently transitioned to life in the civilian world, or a consumer facing economic challenges, having a trusted, well-informed advisor can increase your odds of success. Our financial coaching initiative will provide guidance to recently-transitioned veterans and vulnerable families in places where they’re already going for help. We’ve joined forces with the DOL and more than two dozen non-profit social-services providers to place 60 certified coaches in DOL American Job Centers and community-centered non-profits across the country. These professionals will provide one-on-one free coaching to help these consumers craft a personalized plan for financial success.