Penn Mutual Life Insurance Company Makes Transformational Contribution to Expansion of Veterans … | Your money


King of Prussia, Pa., October 05, 2021 (GLOBE NEWSWIRE) – The American College of Financial Services is proud to announce a significant contribution of $ 3 million over ten years from the Penn Mutual Life Insurance Company to expand programs and services provided by The College in support of the veterans community. Penn Mutual, a leading provider of life insurance since 1847 aimed at helping the people they work with become stronger, is the founding sponsor and strategic partner of the American College Center for Veterans Affairs, launching new initiatives this month to better serve the community.

“The College is extremely grateful to Penn Mutual for their continued support and the opportunity to collaborate with others who seek to uplift the heroes of our nations,” said George Nichols III, President and CEO of American College of Financial Services. “This critical investment provides significant funding to help the Veterans Center have a measurable impact on our collective mission to transform the lives of our active duty, guard and reserve members, veterans and their families. ”

The Veterans Center will support the veterans community through additional initiatives and activities, including:

Transition Support Services Career Services, Work Placement and Mentorship Program Expanded Veterans Fellowship Program and Executive Leadership Program Reflection and Research Leadership Collaboration between College Centers of Excellence

“We are honored to continue to support Veterans and to expand our commitment to the American College of Financial Services,” said Eileen McDonnell, President and CEO of Penn Mutual. “We strongly believe in the mission of the Veterans Center to provide financial education and meaningful employment and career opportunities to our active duty members, rangers and reservists, veterans and their families. Over the past 10 years, Penn Mutual has positively impacted the College, industry and the lives of scholars and their clients and we believe this will have an even greater impact in the years to come.

Penn Mutual has a long history of supporting U.S. military veterans and has invested in programs designed to help the veteran community transition to civilian life and career opportunities in financial services. With an initial commitment of $ 2.9 million from Penn Mutual in 2012, the Center for Veterans Affairs provided scholarships to active duty members, rangers and reservists, veterans and their families. Penn Mutual’s significant investment in the Center for Veterans Affairs underscores the importance it places on supporting financial professionals and their clients by creating personalized solutions for individuals, families and businesses, recruiting and by developing talents that can make a positive change in their communities; and by giving back to the people and communities where they live and work.

Find out more about the Veterans Center and our engaged partners, as well as how to provide a unique opportunity for active duty personnel, rangers and reservists, veterans and their families looking for help. new direction through flexible distance learning and training, visit


ABOUT THE AMERICAN COLLEGE OF FINANCIAL SERVICES The American College of Financial Services was founded in 1927 and is the nation’s largest non-profit educational institution dedicated to financial services. Holding the highest level of academic accreditation, the College has trained one in five financial advisers in the United States and offers two graduate programs, as well as prestigious designations in financial planning such as Retirement Income Certified Professional® (RICP® ), Chartered Life Underwriter ® (CLU®), Wealth Management Certified Professional® (WMCP®), Chartered Advisor in Philanthropy® (CAP®), Chartered Special Needs Consultant® (ChSNC®), Chartered Financial Consultant® (ChFC®) and training leading to the Certified Financial Planner ™ Certification (CFP®). The College’s faculty represent some of the greatest thought leaders in the financial services profession. Visit and connect with us on LinkedIn, Facebook, Twitter, Instagram and YouTube.


Penn Mutual helps people become stronger. Our expertly designed life insurance is essential to long-term financial health and strengthens people’s ability to enjoy every day. By working with our trusted network of financial professionals, we take a long-term view, creating personalized solutions for individuals, their families and their businesses. Penn Mutual supports its financial professionals with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, a FINRA / SIPC member. Visit Penn Mutual at

Lindsey Allumbaugh American College of Financial Services 610-526-1418 [email protected]

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