Since 1997 thousands of students have been trained. Future Investor Clubs of America, Inc. (FICA) founded in January 1997, is a financial intelligence training software as a service company designed to introduce youth ages 8-19 to the world of business and finance intelligence in a fun and exciting way. FICA is dedicated to "Training Tomorrow's Investors Today SM. This outstanding financial intelligence training company was designed and developed by FICA Founder and Chief Executive Officer Mr. Frank Parks, Cassandra Perkins Parks and a network of educators and business leaders. The company is led by Mr. Frank Parks a 30 year veteran in the financial services industry with sales, management and executive experience with some of America's Fortune 500 financial services companies such as: Allstate Insurance, Principal Financial Group, Northwestern Mutual and Robert W. Baird Securities. Mr. Parks, decided to develop FICA after beginning to train his own two children then ages eight and nine about the world of finance. As a professionally trained financial and investment advisor and parent; Mr. Parks worried about his kids growing up making mistakes simply because of a lack of financial knowledge.
Mr. Parks decided in 1995 to begin searching for a comprehensive financial training program for youth ages 8-19, he found none. “I was searching for a program that my kids could get into that would provide superior financial training applications. I wanted a comprehensive program that included but yet went beyond basic consumer economics, one that in addition to teaching Kids/Teens about investments, would also over time train Kids/Teens on how to one day own a private or publicly traded company. I wanted the students to go from becoming Young Investors, to Young Financial Analyst and to eventually become Young Executives. I wanted my own kids to get the best training on the planet and decided that all kids that showed interest in finance and business deserved the same.” I felt that a good financial training program would also give my kids the best chance to earn scholarships and grants to attend a College or University to study business and finance. After 2 years of searching and discovering the lack of a comprehensive financial training program, Mr. Parks decided to start what is now known as Future Investor Clubs of America, Inc..
On June 21, 1997, FICA held what is now recognized as one of the nation’s best comprehensive Young Investors Wall St. Summer Camps.” That first financial training camp had a total of 20 student participants. In summer of 1998, 35 students attended a six-week FICA Financial Training Wall St. Summer Camp, which, at the time was believed to be the ” longest and most comprehensive financial training camp being held in the nation” wrote the Miami Herald. During the fall of that same year over 300 hundred students went on to enroll in the FICA Young Investors Club Program. It did not take long for the local Dade County Public School (DCPS) District to take notice. The local DCPS Academy of Finance and school Principals recognized that FICA students were being trained at a very high level.
During the fall of 1998, Mr. Parks was contacted by the DCPS and asked to be a guest speaker at the Academy of Finance conference. Hearing about the FICA program the Academy of Finance leadership enlisted the help of Mr. Parks to assist in training students at several academy schools. Mr. Parks was also appointed to the Academy of Finance Executive Committee to assist in coordinating programs and activities. Locally and nationwide other schools also enrolled their students in FICA Programs. Since 1997, thousands of students nationally have participated in FICA's Winning On Wall St. Kickoffs, Young Investors Summer Camps, Financial Leadership Training and Tours. Many organizations and schools are now enrolling students under their leadership in year round FICA's Special Training Programs.