Financial Health Network

Name

Financial Health Network

Legal name

Financial Health Network Inc.

Website

https://finhealthnetwork.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Financial Health Research and Advisory Services

NAICS

Finance and Insurance (52)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Education & Coaching (Digital Programs, Tools) (FSAGADAH)

akta.pro secondary industries

Financial Planning Tools & Financial Coaching (Goal Setting, Apps, Advisors) (EDAAAJAN), Net Worth & Personal Balance Sheet Tracking (FSAGADAF)

Keywords

• Financial health research
• Consumer financial wellness
• Financial measurement tools
• Workplace financial benefits
• Nonprofit membership network

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: The organization offers various membership levels including invitation-only memberships (formerly known as Sustaining Membership, Supporting Membership, or Core Membership) that provide access to exclusive resources, events, and the member community.
2. Consulting Services: Evidence-based consulting services where finhealth experts develop strategies tailored to client needs for improving financial health outcomes.
3. Event Attendance and Sponsorships: Revenue from EMERGE conference attendance fees and event sponsorships, including virtual and in-person events.
4. Research Sponsorships and Custom Data Analysis: Organizations can sponsor upcoming research or request custom data analysis from the organization's research team.
5. Donations and Philanthropic Support: Support from funders and donors committed to improving financial health, including grants from foundations and corporate philanthropy.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Financial Health Network is a nonprofit research and advisory organization that provides financial health measurement frameworks (FinHealth Score, FinHealth MAP), an insights platform (Attune), proprietary research programs (Financial Health Pulse, FinHealth Spend), industry toolkits (FinHealth Standards, Employer FinHealth Toolkit), consulting services, and a membership and events platform (EMERGE) for financial institutions, employers, fintechs, and policymakers working to improve consumer financial health in the United States.

Product overview

The Financial Health Network operates as a research and advisory organization offering a suite of measurement tools, research programs, and professional engagement platforms. The core measurement framework is the FinHealth Score, a proprietary assessment using eight indicators across Spend, Save, Borrow, and Plan/Protect pillars. This integrates with the FinHealth MAP strategy framework and Attune insights platform. The organization conducts ongoing research through Financial Health Pulse and FinHealth Spend programs, while providing practical tools including FinHealth Standards, Employer FinHealth Toolkit, and consulting services. Professional engagement is facilitated through the EMERGE event platform and podcast, membership network, and programs like Financial Solutions Lab and the BlackRock Emergency Savings Initiative. The organization also offers data access through the Financial Health Pulse data set and questionnaire for research purposes.

Differentiator

Problem solved

Functional benefit

Brands

• Attune: Insights platform helping organizations measure customer and employee financial health with a user-friendly dashboard, used by 40 companies.
• Financial Health Pulse
• FinHealth Score
• EMERGE
• FinHealth Spend
• FinHealth MAP
• FinHealth Standards
• FinHealth Works
• Financial Solutions Lab
• Financial Health Frontiers
• Worker Financial Wellness Initiative
• BlackRock's Emergency Savings Initiative
• FinHealth Score

Products and services

• FinHealth Score A proprietary framework that translates financial health definitions into measurable outcomes using eight indicators across four pillars: Spend, Save, Borrow, and Plan and Protect, providing a standardized way to assess household financial health and track progress over time.
• FinHealth MAP A framework that guides businesses in building sustainable financial health strategies, helping organizations assess and improve financial health outcomes for their customers and employees.
• Attune Insights Platform An insights platform created to help organizations easily measure customer and employee financial health and track it in a user-friendly dashboard with easier data collection and analysis, used by 40 companies.
• Financial Health Pulse A flagship research initiative that tracks how the financial health of people in the U.S. is changing over time through ongoing surveys administered in partnership with the Understanding America Study at USC.
• FinHealth Spend Research A deep dive into the costs of financial services to U.S. households, tracking spending on interest and fees for financial services.
• FinHealth Standards Industry standards and toolkit for building financial health products, including guidance for credit cards and checking accounts that put financial health first.
• Employer FinHealth Toolkit An in-depth guide for HR professionals to build better, more equitable employee financial health strategies, created in partnership with the Target Foundation.
• Membership Program An invitation-only membership network bringing together financial services providers, employers, and visionaries dedicated to improving financial lives, offering exclusive resources and community access with tiered membership levels.
• Consulting Services Expert finhealth consultants develop strategies tailored to organizational needs, helping businesses understand financial health needs and develop solutions.
• EMERGE Conference Flagship annual conference bringing together 600+ leaders from financial services, fintech, employers, and policymakers, featuring keynotes, panels, and networking opportunities, with sponsorship packages and ticket sales.
• Financial Solutions Lab A program in partnership with JPMorgan Chase and Prudential Financial that cultivated, supported, and scaled finhealth innovations, working with 80+ organizations and delivering solutions to 33+ million people.
• BlackRock Emergency Savings Initiative An initiative helping workers build emergency savings through innovative employer-sponsored programs, helping 10 million workers save over $2 billion.
• Worker Financial Wellness Initiative A program focused on improving financial wellness for workers, with over 1 million workers receiving pay increases and improved benefits through participating employers.

Quantifiable outcome

• 200+ million lives touched by solutions developed through partnerships
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and secondary.

• JPMorgan ChasecoreStrategic or Co-development PartnerStrategic partner in the Financial Solutions Lab, a program to cultivate, support, and scale innovations to advance financial health for low- to moderate-income individuals. JPMorgan Chase provided founding support and the partnership delivered financial health solutions to 33 million+ people.
• Prudential FinancialcoreStrategic or Co-development PartnerSupporting partner of the Financial Solutions Lab alongside JPMorgan Chase. Partner in developing and scaling financial health innovations targeting underserved communities.
• BlackRockcoreStrategic or Co-development PartnerFounding partner in the $50 million Emergency Savings Initiative (ESI) launched in 2019. The initiative has helped over 10 million workers save more than $2 billion through employer-provided savings programs.
• University of Southern California (USC)coreStrategic or Co-development PartnerCo-owner of the Financial Health Pulse data set in partnership with USC's Center for Economic and Social Research, which administers the Understanding America Study surveys.
• J.D. PowersecondaryStrategic or Co-development PartnerPartnership to certify that major banks deliver useful financial health advice through the Financial Health Support Certification Program.
• Bank of AmericacoreGTM or Marketing PartnerEMERGE conference sponsor and partner in the financial health movement, supporting events and initiatives that bring together industry leaders.
• PayPalcoreGTM or Marketing PartnerEMERGE conference sponsor and supporter of financial health initiatives, participating as a thought leader and event sponsor.
• Guardian LifesecondaryGTM or Marketing PartnerEMERGE conference sponsor supporting the financial health movement and event programming.
• AttunesecondaryOEM/ Whitelabel/ Licensing PartnerA spin-off company created by Financial Health Network in 2021 to commercialize the insights platform used by 40 companies to measure employee and customer financial health.

Scale indicators8 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Prosperity Now: National nonprofit focused on economic opportunity and financial security for households with low incomes through research, policy advocacy, and program delivery. Comparable as a financial capability research, advocacy, and program nonprofit serving similar populations.
• Filene Research Institute: Independent, nonprofit consumer finance research and incubator organization serving credit unions and the financial services industry. Highly comparable as a research-driven nonprofit that convenes institutions, produces measurement frameworks, and incubates financial innovation in the consumer finance space.
• NeighborWorks America: Congressionally chartered national nonprofit supporting network of community development organizations providing financial counseling, homebuyer education, and financial capability services. Comparable as a national financial capability nonprofit with similar mission and member-network model.
• Money Management International: Nonprofit credit counseling agency providing financial counseling, education, and debt management services. Comparable as a long-established nonprofit financial wellness provider serving similar consumer and employer audiences.
• Commonwealth: Nonprofit organization focused on financial security and wealth-building for households with low and moderate incomes through research, policy, and partnerships. Directly comparable as a financial health research and advocacy nonprofit.
• BAI (Bank Administration Institute): Independent nonprofit providing research, training, and benchmarking for the financial services industry. Closely comparable to FHN's research, advisory, and convening model; FHN board member Debbie Bianucci serves as BAI's CEO.
• GreenPath Financial Wellness: National nonprofit providing financial counseling, debt management, and financial wellness services to individuals and employers. Directly comparable in serving the same employer and consumer segments with financial health improvement services.
• National Endowment for Financial Education (NEFE): Leading private nonprofit foundation dedicated to inspiring empowered financial decision-making for individuals and families through research and education. Highly comparable as a financial education research nonprofit with similar mission and stakeholder mix.
• Aspen Institute Financial Security Program: Policy program at the Aspen Institute focused on financial security and economic opportunity research. FHN board member Judith Samuelson founded and directs the Business and Society Program at Aspen Institute; directly comparable as a financial health policy and research convener.

Emerging players

• LearnLux: B2B financial wellness platform serving employers with integrated financial planning tools. Comparable as a financial wellness solution provider targeting the same employer buyer; FHN competes indirectly through its FinHealth Score and Attune measurement tools.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/finhealthnet
• LinkedInlinkedin.com/company/finhealthnetwork

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments21 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Financial Health Network