The American College of Financial Services

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The American College of Financial Services
The American College PA logo.svg
Former names
The American College of Life Underwriters
Established 1927
Type Private distance learning university
President Bob Johnson, PhD, CFA, CAIA
Academic staff
Students 30,000
Location Bryn Mawr, Pennsylvania, USA
40°01′05″N 75°19′37″W / 40.018°N 75.327°W / 40.018; -75.327Coordinates: 40°01′05″N 75°19′37″W / 40.018°N 75.327°W / 40.018; -75.327
Affiliations MSA Accredited

The American College of Financial Services (also known as The American College) is a nonprofit private educational institution located in Bryn Mawr, Pennsylvania. It offers several professional certifications, two types of master's degrees and a PhD degree.[1] Annually, The American College educates approximately 40,000 students, mainly through distance education.

The institution was founded as The American College of Life Underwriters in 1927 by Solomon S. Huebner of the Wharton School at the University of Pennsylvania. Huebner was a professional involved in the development of economic theory. His theory of human life value is used in the field of insurance. It was his vision for a college-level professional education program for insurance agents that led to the creation of The American College.[2]

Today The College offers professional training to all types of financial practitioners. When the institution began, programs focused exclusively on providing education to life insurance professionals. The Chartered Life Underwriter (CLU) designation was the first credential offered by The College.[3] Today The College provides training for the Certified Financial Planner (CFP) exam, The Chartered Financial Consultant (ChFC) designation, and the Master of Science in Financial Services (MSFS) master's degree.

Twenty full-time faculty members and financial experts work at the campus.[4]

In 2003, The American College stepped away from a long-standing partnership with the Society of Financial Services Professionals, which historically had been the de facto alumni association for The College, and instead created its own alumni association.[5]

The American College campus was bought by the Jack M. Barrack Hebrew Academy in 2007.[6]

In August 2014, The American College named Robert R. Johnson, PhD, CFA, CAIA as the 9th President since The College opened its doors in 1927.


Laurence Barton is a Past President of The American College of Financial Services.[7]

Current programs of study include:

  • Analyst Success - A study prep program for all three levels of the Chartered Financial Analyst (CFA) exam.
  • Certified Financial Planner educational curriculum (CFP) - Prepares students for the Certified Financial Planner certification examination.
  • Chartered Life Underwriter (CLU) - Advanced life insurance and estate planning.
  • Chartered Financial Consultant (ChFC) - Advanced comprehensive financial planning.
  • Chartered Advisor for Senior Living (CASL) - Provides training in the special needs, issues, and decisions facing senior citizens.
  • Chartered Special Needs Consultant (ChSNC) - Provides financial professionals with the technical, collaborative, and quantitative skills necessary to help their clients caring for loved ones with special needs.
  • Registered Employee Benefits Consultant (REBC) - Specialty courses for financial advisors working in United States employee benefits services.
  • Chartered Leadership Fellow (CLF) - Provides fundamentals of leadership, organizational structures and management of financial services organizations.
  • Chartered Advisor in Philanthropy (CAP) - Trains professionals dealing with wealthy individuals involved in philanthropy.
  • Retirement Income Certified Professional (RICP)- Covers current, best techniques for creating sustainable retirement income for your clients.
  • Chartered Healthcare Consultant (ChHC) - Covers federal and state regulations, changing advisor business models, and the full spectrum of benefits choices now available to individuals and groups.
  • Financial Services Certified Professional (FSCP) - Foundational product and skills training for the financial services professional.
  • Master of Science in Management (MSM) - A Master's degree program that focuses on leadership and financial services organizations.
  • Master of Science in Financial Services (MSFS) - A Master's degree program that focuses on advanced financial planning topics, including business succession planning, pensions, charitable giving and asset management.
  • PhD in Financial Services and Retirement Planning (PhD) - Comprehensive curriculum that prepares financial practitioners to move beyond the practice of retirement planning and financial decision-making and on to the research and theory behind those decisions.

The campus itself is located in the Million Dollar Round Table Foundation Hall in Bryn Mawr, Pennsylvania. The building includes a library, conference rooms, television studio, a classroom and meeting rooms.

Notable alumni[edit]


  1. ^ The American College. 2012. "Academics".
  2. ^ Stone, Mildred F. 1960. The Teacher Who Changed an Industry. Homewood, IL: Richard D. Irwin, Inc. p. 8.
  3. ^ Baird, John. 1997. The Power of One. Bryn Mawr, PA: The American College Press. p. ix.
  4. ^ The American College. 2012. "Industry Recognized Faculty".
  5. ^ Alumni React To The American Colleges New Alumni Association
  6. ^ Richard Ilgenfritz, "Akiba to head to American College Site" The Main Line Times, (Volume 77, No. 28, July 12, 2007 - July 18, 2007) p. 1-2.
  7. ^ The American College of Financial Services. 2012. "Larry Barton, CAP®, PhD." Industry Recognized Faculty.

External links[edit]