About First Command
First Command's history of serving the financial planning needs of American families begins in the early 1950s, when United States Air Force Lt. Col. Carroll Payne had the occasion to work closely with the families of several crew members killed in an aircraft accident. Saddened by the survivors' financial difficulties and recognizing that without intervention, military families would struggle and often fail to realize their financial goals and dreams, Lt. Col. Payne began laying the groundwork for the company he would organize in 1958 and which would grow to become First Command.
Today, First Command provides not only financial solutions for military professionals and their families, but extends its more than 50 years of experience to the delivery of financial solutions for civilian federal employees and life-stage financial solutions for individuals and families from all walks of life.
Among financial services firms, we are uniquely committed to middle-income Americans earning $50,000 and upwards annually. These hard-working individuals and families, representing nearly half of all Americans and greatly needing competent financial planning, are often overlooked and under-served by other firms.
The Financial Planning Association® (FPA®) recognizes First Command Financial Services as an FPA Alliance firm for its commitment to professionalism in financial planning.
Facts at a Glance
. Organized 1958
. An employee-owned company
. Headquartered in Fort Worth, Texas
. Offices nationwide, in Europe and the Pacific
. More than 284,000 client families*
. $16.4 billion in managed accounts and brokered mutual funds*
. $51.2 billion in-force life insurance policies*
. $623 million in banking assets*
*As of December 31, 2010