Deputy sheriffs in San Diego County will have access to financial planning as an employee benefit through an agreement with Facet Wealth, the labor organization representing the law enforcement officers announced Tuesday.
The Deputy Sheriffs’ Association of San Diego County, which represents more than 2,500 deputies, negotiated the contract, which will provide financial advice and guidance to members.
Baltimore-based Facet Wealth will provide affordable financial planning services for individuals and families who chose to participate through a CFP professional. The service will be provided through a subscription fee based on the services provided. Services will be provided through video and telephone conferencing.
Facet will help participants create a budget; obtain the appropriate health, life and disability insurance; plan for a second career upon retirement from the force; pay off debt, and save for children’s education and for vacations, a news release said.
“We are committed to continuously supporting our deputy sheriffs and strongly believe our members deserve financial wellness,” said David Leonhardi, DSASD president. “As an association, we have begun to focus on overall wellness services for our members and financial wellness is a big part of that.
“We want to help our members navigate the financial aspects of their careers and their retirement,” he added. “Cops are naturally skeptical, but with Facet everything is transparent.”
“Families at all levels of wealth and stages of their lives deserve affordable, high-quality and personalized advice and planning services,” said Brent Weiss, co-founder of Facet. “Life as a deputy sheriff can be challenging enough and we’re here to make sure financial pressures are not added to the mix.”