Advisor’s association, Advocis announced its slate of initiatives for November 2021. The association is focusing on youth with the release of a financial literacy quiz kids can complete in the Roblox platform, and it discussed its findings from a poll of advisors in the lead up to the launch of Financial Literacy Month.
In addition, Advocis published its Fin Lit Kit, a 26-page activity book for kids and accompanying discussion guide which introduces financial literacy in a way that is intended to encourage collaboration with their trusted adults.
The poll of more than 250 advisors, meanwhile, found that 47 per cent of those surveyed experienced an increase in client inquiries about basic financial matters related to potential financial hardship since the COVID-19 pandemic began; 67 per cent indicated that a higher degree of client financial literacy would have helped them advise clients more effectively.
Of those surveyed, 47 per cent say they have included minor children under 18 years of age in discussions about financial literacy.
“We are tremendously excited to continue our support for Financial Literacy Month and hope that our innovative approach through tools such as Roblox will help us engage youth audiences like never before,” says Julie Martini, vice president of public affairs and marketing with Advocis. “We believe that our members, clients and the public interest are best supported when entire families can be involved in financial advice.”
Rounding out the association’s offering this month, Advocis will also host weekly shows with advisors on Instagram Live, post articles and host a webinar series with Dr. Supriya Syal, deputy commissioner of research, policy and education at the Financial Consumer Agency of Canada. All of the material and connections to the webcasts can be found on the website, financialadviceforall.com.