Press Release Date
American Institute of Financial Gerontology and Certified Financial Planner Board of Standards Agree to Support New Name for AIFG Designation in Financial Gerontology
New York, NY, January 12, 2004 -
The American Institute of Financial Gerontology (AIFG) has renamed its designation name after reaching agreement with the Certified Financial PlannerTM Board of Standards, the largest international credentialing organization for financial professionals. Graduates of the AIFG program will receive the Registered Financial GerontologistTM designation and will use the RFG to identify themselves as having this new and unique financial services professional designation. AIFG will no longer use or recognize the "Certified Financial Gerontologist" or "CFG" acronym. As part of its agreement with the CFP Board, AIFG programs will now be eligible for up to 24 hours of continuing education credits for the CFPTM designation, and the RFG designation will be listed in CFP Board publications and media guide.
"AIFG is moving ahead to recognize and promote the availability of Registered Financial Gerontologists as the financial professionals who have attained a higher level of expertise about and dedication to older clients and their families," according to Dr. John Migliaccio, AIFG President.
The RFG designation is granted by the American Institute of Financial Gerontology and its partners, the American Society on Aging (ASA) and Widener University School of Business Administration.
Graduates must complete 24 hours of coursework, subscribe to a pledge of ethical practice, complete eight hours of service learning annually in their community, and complete additional continuing education in financial services and aging. In addition to the designation, active RFGs also receive a growing number of benefits including being listed in AIFG's referral database, membership in ASA, access to AIFG Client Services database resource, and publication and book discounts through the AIFG Bookstore.
The program continues to attract financial professionals from a wide variety of disciplines, including insurance, brokerage, financial planning, elderlaw, geriatric care managers and daily money management. The RFG designation has also gotten support from financial services consumers, after being identified in the June, 2003 issue of the AARP Bulletin, as well as many other professional and consumer media.
The next educational program for the Registered Financial Gerontologist designation is being conducted Feb. 9-12 in Deerfield Beach, FL, at the Howard Johnson Plaza Resort and Conference Center. Further information is available at the AIFG website.
About AMERICAN INSTITUTE OF FINANCIAL GERONTOLOGY
The American Institute of Financial Gerontology (AIFG) provides unparalleled education, support, and certification to financial professionals advising older consumers and their families regarding wealth span planning. AIFG's mission is to be the preeminent educator to those wishing to provide expert, unbiased financial planning information, client-oriented health/wealth solutions and ethical service to older consumers and their families. For more information, please visit www.aifg.org.
About AMERICAN SOCIETY ON AGING
The American Society on Aging (ASA) is the nation's largest association of professionals working in the field of aging. ASA's mission is to increase the knowledge and strengthen the commitment of professionals working with and on behalf of older adults and their families. Its membership includes professionals from every area of healthcare and social services, older adult programs at the community level, academia, and the business community. Visit ASA online at www.asaging.org.
About WIDENER UNIVERSITY
Based in Chester, PA, Widener University is one of the leading educational institutions building university-based programs for professionals who choose careers to serve the financial needs of the senior market. Founded in Wilmington, Delaware in 1821, Widener is a private, non-profit, doctoral/research intensive institution. For more information about the university, visit www.widener.edu.
American Institute of Financial Gerontology
Jim Emerman, Senior Vice President
American Society on Aging
Karen Toth, Public and Media Rel