TD Ameritrade Awards $25,000 Grant To Fox’s New Financial Planning Program

November 3, 2015 //
ynthia Axelrod, Program Director of Fox’s Financial Planning major, and Don Kirkwood, Fox’s Assistant Dean of Development, celebrate the grant announcement with TD Ameritrade Institutional President Tom Nally (right) at the closing bell of the New York Stock Exchange.
Cynthia Axelrod, Program Director of Fox’s Financial Planning major, and Don Kirkwood, Fox’s Assistant Dean of Development, celebrate the grant announcement with TD Ameritrade Institutional President Tom Nally (right) at the closing bell of the New York Stock Exchange.

TD Ameritrade Institutional awarded a $25,000 grant to Temple University’s Fox School of Business to foster development of its new financial planning degree program, as part its third-annual Next Gen Financial Planning Grants.

Through its Next Gen Financial Planning Grants, TD Ameritrade Institutional hopes to help the registered investment advisor industry remain vibrant for years to come by encouraging more colleges and universities to expand and enhance their financial planning degree programs, increasing the number of graduates produced each year. According to U.S. Department of Education data, roughly 700 students completed bachelor’s degree programs in financial planning in 2013, while only 90 U.S. colleges and universities offered degrees dedicated to financial planning.

Temple University’s Fox School of Business launched its Financial Planning undergraduate program this fall. Grant funds will help fund scholarships to attract top-tier students, underwrite a weekly “seminar series” that brings the workplace to campus, engaging financial planning practitioners in the Philadelphia area to speak with students providing insights into the profession’s challenges, trends and potential opportunities.

“We are incredibly proud to have been selected by TD Ameritrade Institutional as the recipient of this grant,” said Cynthia Axelrod, Program Director of Fox’s Financial Planning major and Assistant Professor of Finance. “Professionals in this field are in high demand, and this grant will bolster Fox’s efforts to provide highly qualified students that will excel as Financial Planners.”