Wisconsin Financial Literacy Foundation (Formerly CFASMF) was founded in 2015 to broaden the organization's prior decade-long effort to support financial literacy in our community and beyond. Historically this was done in conjunction with the CFA Society Milwaukee. We made the decision to rebrand the Foundation as it sole purpose is to fundraise for Financial Literacy in Wisconsin.
According to a recent study by the Global Financial Literacy Excellence Center, 1 in 3 Americans are unable to cope with unexpected expenses. Additionally, nearly 50% of Americans are not saving for retirement. Most public pension systems are chronically underfunded, and only 44% of U.S. workers participate in a corporate defined contribution plan. Moreover, the future of Social Security remains uncertain.
Only 13% of people ages 18-24 can correctly answer three key financial literacy questions. That number only jumps to 24% for people ages 30-34. Less than 1/3 of Americans know basic financial concepts by age 40, even though most important decisions are made well before that age.
The implications are severe for a society whose citizenry cannot function effectively with regard to decisions about credit, consumption, saving and investing
Wisconsin Financial Literacy Foundation (Formerly CFA Society Milwaukee Foundation) has been a proud partner of SecureFutures (formerly Make-A-Difference Wisconsin) since it was founded over a decade ago. Our community of financial professionals is one of the largest sources of volunteer instructors, and our organization provides financial support to SecureFutures year-after-year.
SecureFutures provides financial literacy education across Wisconsin and Northern Illinois to over 100 high schools. Since they began, they have provided financial literacy education to over 80,000 students. To read more about SecureFutures visit their website.
Wisconsin Financial Literacy Foundation hosted the Annual Charity Golf Outing on Monday, August 3, 2020.
All proceeds go to support SecureFutures.
To purchase our special edition coffee "Dollars and Sense" Blend online - click here!
Every dollar of your support to the Foundation goes to supporting financial literacy.
Erik Gauger, CFA, CFP ®, CRPS, AIF, QKA - President and Chair, Golf Committee
Joseph Frederick, CFA - Board Member and Sponsorships Committee
Michael Underhill - Board Member and Chair, Corporate Sponsorships Committee
Ryan Bushman, CFA - Treasurer
Jason Scherer – Volunteer
"Financial Literacy drives significant progress in our society in ways that are immeasurable. Baird is driven to be a part of that process to help in giving sound advice to our young future investors for their future. Thank you SecureFutures!"
Daniel A. Tranchita, CFA
Robert W. Baird & Co., Inc.