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First Command Financial information

What is the First Command scandal?

The First Command scandal refers to a controversy involving the financial services company First Command Financial Services, which faced allegations of misrepresenting investment products and providing misleading financial advice to military clients. The company has since implemented compliance measures and regulatory reviews to address these issues.

What is First Command Financial and what do they do?

First Command Financial is a financial services company that specializes in providing financial planning, investment management, and insurance products, primarily for military families and veterans. They offer a range of services including retirement planning, education funding, and budgeting assistance, with a focus on helping clients achieve long-term financial security. First Command Financial Advisors work closely with clients to develop personalized financial plans tailored to their unique needs and life stages.

What is the difference between First Command Financial vs Financial Advisor?

AspectFirst Command FinancialFinancial Advisor
CredentialsTypically requires financial planning certifications, licenses (e.g., Series 7, 66), and possibly CFP certificationRequires licenses like Series 7, 66, and often CFP or CFA certifications
Work EnvironmentPrimarily office-based, working with military families and individualsVaries; can be office, online, or client-site, serving a broad client base
Employer & IndustryPart of First Command Financial Services, focused on military and veteran clientsEmployed by financial firms, banks, or independent practices across the finance industry

First Command Financial and Financial Advisors share similar credentials and work environments, but First Command specializes in serving military families, whereas Financial Advisors serve a broader client base across various industries.

How does a First Command Financial Advisor typically collaborate with military clients to address their unique financial challenges?

As a First Command Financial Advisor, you will work closely with military clients, understanding their distinct financial needs such as frequent relocations, deployment, and unique benefits. Advisors often develop tailored financial plans, provide ongoing support, and educate clients about military-specific programs like the Thrift Savings Plan or Survivor Benefit Plan. Collaboration involves regular communication, client meetings, and coordination with other advisors or specialists to ensure comprehensive service. This client-centric approach helps build trust and long-term relationships, which are crucial in this highly personalized role.

Can financial advisors make $500,000 a year?

Financial advisors can potentially earn $500,000 annually, especially those with extensive client bases, high-net-worth clients, or specialized expertise. Achieving this level of income often requires years of experience, strong sales skills, and relevant certifications such as the CFP or CFA. Income varies widely based on location, firm size, and individual performance.

What are the key skills and qualifications needed to thrive as a Financial Advisor at First Command Financial, and why are they important?

To thrive as a Financial Advisor at First Command Financial, you need a solid understanding of financial planning, investment strategies, and relevant securities licenses such as Series 6, 63, or 7. Familiarity with financial planning software, CRM systems, and compliance platforms is typically required. Strong interpersonal skills, ethical judgment, and the ability to build trust with clients are essential soft skills for success. These qualifications ensure you can provide sound financial guidance, maintain regulatory compliance, and foster long-term client relationships.

How much does a First Command advisor make?

First Command Financial Advisors typically earn an average annual salary ranging from $50,000 to $80,000, depending on experience, location, and performance. Compensation often includes base pay, commissions, and bonuses, with opportunities for advancement and additional certifications. Earnings can vary based on client base and sales success.

Is First Command a good company to work for?

First Command Financial is a financial services company that employs financial advisors and support staff. Employee reviews often mention a structured work environment, opportunities for certification, and a focus on client financial planning, but experiences can vary based on role and location.
Infographic showing various First Command Financial job openings in Florida as of July 2026, with employment types broken down into 87% Full Time, 11% Part Time, 1% Temporary, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution.
Financial Advisor

Financial Advisor

First Command Financial Services, Inc.

Tampa, FL • On-site

Full-time

Re-posted 10 days ago

First Command Financial Services rating

7.5

Company rating: 7.5 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

Job description


Financial Advisor Jobs at First Command:
Shaping Positive Financial Behaviors since 1958
First Command Financial Advisors coach military families in their pursuit of financial security. Our reputation has been built on shaping positive financial behaviors through one-on-one coaching with military families. We embrace time-tested financial principles and a client-first philosophy. We inspire and motivate clients to take the first or next step on a path to financial security.
3 out of 4 of our Financial Advisors are veterans or military spouses.
Many of our 165+ offices nationwide are located near military installations.
If you're exploring what's next in your career, First Command offers a path to become a Financial Advisor where leadership, entrepreneurship, and professional growth come together. Your experience matters - and here, it's a foundation for building a meaningful, long-term career.
What you'll do:
    • As the personal coach to our Nation's military families, you will focus on financial plans that are constantly evolving to pursue short-term and long-term financial goals.
    • You will provide guidance to military families on managing day-to-day finances, building lifetime assets, and protecting against the unexpected.
    • You will engage with the community to bring new clients to First Command, with the support of your local district team and Home Office.
    • You will connect directly with the military community by partnering with local military organizations, military units, and other supporting institutions.
    • You will coach military families on how to build a comprehensive financial plan that includes:
    • Savings/banking
    • Investments/wealth management
    • Insurance/risk management

Training and licensing support:
    • First Command offers a comprehensive training and licensing program designed for veterans, transitioning service members and military spouses to start and grow a successful Financial Advisor career.
    • Sponsorship: First Command sponsors your pursuit of full registration and licensing as a Financial Advisor using our tools and resources to guide you through the process.
    • Licensing: You'll receive structured training and test preparation to help you obtain the necessary securities and Life & Health licenses-no prior licensing is required.
    • Role Progression: Upon completing licensing, you'll have the opportunity to transition into a paid training role, partnering with a local district office and accelerating your professional development.
    • Compensation: As you begin this career, your First Command Financial Advisor compensation will consist of an hourly wage for 3 months and then transition into a salaried position that offers progressive incentives during for the remainder of the nine-month paid training period.

Becoming an Advisor:
    • Successful completion of the paid trainee program opens the door to becoming an independent contractor Financial Advisor with First Command, allowing you to run your own practice while earning income based on the value you deliver and the results you achieve.
    • Compensation: There is no cap on your earning potential: Your compensation reflects your effort and is based on competitive commissions, residual income, bonuses, and deferred compensation.
    • Professional Development: We offer professional development: including progressive leadership programs through classroom training and annual workshops to help prepare you for future leadership opportunities.
    • Independence: Set your own schedule to manage work-life balance.
    • Flexibility: Mobile career opportunities throughout the United States which allow your career to move with you.

Desired Qualifications:
    • Military experience or affiliation
    • Bachelor's degree
    • Proven leadership skills

Learn more about First Command:
First Command has been helping military families pursue their goals and dreams through Financial coaching and guidance since 1958. To learn more about us, visit Financial Services Careers First Command.
©2026 First Command Financial Services, Inc. is the parent company of First Command Brokerage Services, Inc. (Member SIPC, FINRA), First Command Advisory Services, Inc., First Command Insurance Services, Inc.
First Command does not discriminate in the recruiting of Financial Advisors on the basis of race, color, religion, national origin, sex, marital status, disability, age or veteran status. No information solicited by First Command from you is intended to be used in a discriminatory manner. All information provided by you will be reviewed carefully, but the receipt of an Advisor application or other information does not imply that you will be offered the opportunity to enter into a Financial Advisor/Agent Agreement with First Command.

What First Command Financial Services employees say

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About First Command Financial Services

Sourced by ZipRecruiter

First Command Financial Services, based in Fort Worth, TX, US, operates within the financial services industry. Established in 1958, this company's mission is to "coach those who serve in their pursuit of financial security." With its suite of services and products, including investment management and financial planning, the firm is dedicated to helping military families and federal employees achieve financial security. Over the years, First Command has made a name for itself through integrity, commitment, and an approach built upon trust, resulting in substantial client loyalty. Featured among its notable achievements is the company's consistent placement among the top 1% of all wealth management firms in the USA in terms of long-term investment results, confirming their commitment to providing exceptional financial services.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Fort Worth, TX, US

Year founded

1958

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