Newswise — Irvine, CA – (February 4, 2016) – PwC has awarded the LIFEvest Financial Literacy Program, offered through the Center for Wealth Management (CIWM) at the UC Irvine Paul Merage School of Business, a $25,000 gift as part of their “Earn Your Future” program.
“Youth education as it relates to financial literacy, is one of the most important issues facing our country today. At PwC, we are leveraging our best asset – our people – to make a real, tangible difference in the lives of millions,” said Brian Cullinan, PwC Market Managing Partner and Chairman of the PwC US Board.The gift was made possible by CIWM member Suzanne Fradette, a partner at PwC, who initiated the submission of the LIFEvest program for consideration by the Earn Your Future team.
“Over the last five years the LIFEvest Financial Literacy Program has had an astounding impact – students are either in or preparing for college,” said Andy Policano, CIWM director, economics/public policy professor and Deans Leadership Circle endowed chair. “Additionally, we have seen these students’ parents engaged not only in their children’s education but also improving their own families’ financial literacy skills.”
PwC’s Earn Your Future (EYF) program, is a $190 million commitment focused on helping students develop critical financial skills and providing educators with the resources and training to teach those skills. LIFEvest is a weeklong, on-campus financial literacy program, hosted by the CIWM and dedicated to helping underserved 9th and 10th grade students. The program teaches life skills in money and investment management in a highly supportive environment, and seeks to instill a continued desire to strengthen understanding of financial matters, encourage admission into a four-year college or university, and to inspire confidence and success in all areas of life. In 2016, the program will be expanded to host two sections of students: Section 1 will be held July 17-23, 2016 for boys, and Section 2 will be held July 31-August 6, 2016 for girls.
The cost for each student to attend the LIFEvest program is approximately $2,100, a cost that is funded entirely through the CIWM with generous support from members and sponsors, including: PAAMCO; Duckworth Wealth Advisors; Beacon Pointe Wealth Advisors; Beacon Pointe Advisors; US Bank, JP Morgan Private Bank; Canterbury Consulting; Crystal Capital; Neiman Marcus; PIMCO Foundation; Taco Bell; Wells Fargo Foundation Pamela M. Adams, CFP®, MBA, Senior Vice President – Investment Officer The Adams Financial Group of Wells Fargo Advisors, LLC; Schwab Advisor Services and Walmart Foundation. Students who are selected to participate in the LIFEvest program, do so at no cost to them. About PwCPwC US helps organizations and individuals create the value they’re looking for. The company is a member of the PwC network of firms, which has firms in 157 countries with more than 208,000 people. They are committed to delivering quality in assurance, tax and advisory services. To find out more, visit pwc.com/US.
About the Center for Investment and Wealth ManagementThe CIWM is one of seven Centers of Excellence at the UC Irvine Paul Merage School of Business. Its mission, under the guidance of Faculty Director Andrew J. Policano and the highly valued CIWM advisory board, is to expand knowledge of the complex issues concerning the creation, management and transfer of wealth and to be a respected, transparent source of timely information, educational programs and research on financial literacy, investment and wealth strategies. The CIWM vision is to emerge as a thought leader and source of innovative analysis and provide rigorous analysis and critique of existing practices and will become widely recognized as a hub of activity, research, network and application for a vital international industry.
About The Paul Merage School of Business at UC IrvineThe Paul Merage School of Business at UC Irvine offers four dynamic MBA programs – plus PhD, specialty masters and undergraduate business degrees – that graduate business leaders with the exceptional ability to help grow their organizations through strategic innovation, analytical decision-making, information technology and collaborative execution. While the Merage School is relatively young, it has quickly grown to consistently rank among the top AACSB-accredited programs through exceptional student recruitment, world-class faculty, a strong alumni network and close relationships with both individual business executives and global corporations. Additional information is available at http://www.merage.uci.edu.
###
RSS