Report: #1422081

Complaint Review: Future Investor Clubs of America

  • Submitted: Tue, January 09, 2018
  • Updated: Tue, January 09, 2018
  • Reported By: Valerie — New York
  • Future Investor Clubs of America


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My husband and I sent our two sons to Frank Park’s Future Investor Clubs of America Camp in the summer of 2017 and I wanted to share my experience with you, outlined more in this video . The website promises a fantastic learning experience as well as trips to the New York Stock Exchange and other business field trips in New York City. In reality it was barely two hours of learning in a conference room that they had to wait to get into each morning because it was a rented workspace. After the “classroom time” it was about six hours of driving around in a van, driven by Frank Parks, to restaurants with only four kids in the camp (He implied to us that the camp was almost at capacity, not the case), and Frank Parks’ son and daughter who were his “staff members”. We asked for an itinerary which was supposed to come two weeks before the start of camp. We requested it and did not receive an answer. The day of the camp I figured out why because if I had seen it I probably would have not sent my kids to this camp. I even asked my kids to ask Frank for an itinerary and he said no because “your parents would just poke holes in it”. Frank Parks also drove them to a mall in New Jersey without our permission to sit around in the food court without any learning. All in all this was a very disappointing experience. Please beware!!

This report was posted on Ripoff Report on 01/09/2018 02:02 PM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 REBUTTAL Owner of company

FICACAMPS Delivered 100% of the Training, Lunches and Field Trip Services To This Customers Students.

AUTHOR: Frank - (United States)

ATTENTION:  Since 1997, Future Investor Clubs of America has provided financial education training services to thousands of students, teachers and individuals. We have ALWAYS, delivered 100% on the training, lunches and field trips.  IT'S WHAT WE DO.  A overwhelming of the parents and students absolutely love it.  See here:  

Parents and Students Testimonials:

Valerie Carnevale-Kevin McKiernan attempted to do something that no other parent, organization or school district tried to do.  That is ,to have their students Cody and Jesse complete 100% of the FICACAMPS , Basic Training, Lunches and Financial Field Trips, Score 82% on the BFIT Exam, receive their Certificates of Completions, then ask for a Refund.  Ridiculous.   This complaint is unjustifiable and totally without merit.  Val and Kevin said they would do some pretty nasty things to us if we did not comply with their request.  I guest they are use to bullying people all the time and getting their way.  NOT THIS TIME.  We as a company and community have to stand up to bullies.

We declined to have a good company and project be BULLIED by this family.  We trained thousands of individuals and students using various means in 2017, e-Learning, videos, camps and publications.

FICA Club Students:

Below is part of a letter that was sent as response to their unsubstantuated request.
Dear Valerie Carnevale-Kevin McKiernan ;
Future Investor Clubs of America, would like to thank you and all parents and students that have participated in the 20th Annual FICA Young Investors Wall Street Summer camps, from around the world.  We have received your email letter outlining your concerns and complaints. This letter is our official corporate response concerning those issues.  First, it is our corporate position, that all subscribed services concerning the summer camp in which you registered your students held July 24th-28th has been 100% completed and delivered as planned/subscribed.  

During our 20 years of providing the FICACAMPS service, we recognized the rights of all parents and students to voice their opinions and legitimate concerns.  We understand having trained thousands of students and worked with parents and teachers; that opinions concerning our methods and events varies from one person to the next.  However, one thing is constant; we have found that an overwhelming majority of parents (99%), educators and professionals that took the time to fully analyze our learning system; are extremely supportive and appreciative. FICA’s pre-college financial training program, is the nation’s premier comprehensive, five level financial learning system available to students ages 8-19 in the world today.  Supported by qualified Certified Financial Intelligence Instructors and superior curriculums.

Parents and Students Testimonials:

It is an extremely rare; a first occurrence (never happened before), as it is in this case that a parent after their student has 100% successfully completed our training program, participated in multiple events and passed the BFIT exam; that he/she seeks to receive a refund. Then if not received, threatens legal action; and to maliciously/viciously cause harm to a successful program as you have suggested you will do in your letter. It is our corporate opinion that your complaint is without merit. Because it is compared to a college student attending a school for four years, then graduating with a degree; then seeking a refund because some of the extracurricular activities were not in his opinion to his liking; and the meal plan was too expensive. 

Regardless, based on the Absolute Undeniable and Indisputable Provable Facts that your students participated in 100% of the July 24th-28th New York FICA Young Investors Wall Street BFIT summer camp training program, attended multiple Financial Field Trips events and Business lunches; as well as successfully completed/passed the BFIT Examination and thereby earning and received BFIT Certificates of Completion.  Therefore, as per our Terms of Service Agreement ( ) you are Not Eligible for a Refund, discount or any other financial consideration. Our position is that ALL services were 100% delivered as outlined below in our online and emailed descriptions of the program.

Students Training and Field Trips:

FICA Camp New York training and services delivered July 24th-28th: 

FICA Camp Scheduled Dates & Times held:

July 24th-28th


FICA Young Investors Wall Street Summer Camp Location:                           

42 Broadway Ste 1227
Manhattan, New York 10004

FICA Camp (BFIT) Curriculum Delivered 
Financial Terminology
Insurance and Banking 
Financial Planning
Investment Terminology
Investing in Stocks
Annuities, Bonds, and Mutual Funds,
Online Trading and Financial Web-Sites,
Career and Credit Management
Starting An Investment Club.

FICA Financial Field Trips Delivered:

New York University
Columbia University
Museum of American Finance and Federalist Hall
Charles Schwab and Fidelity                                                                                                                                               Citibank, Chase and TD Bank

FICA Business Lunches Delivered: 

Cheese Cake Factory
Dave and Busters
Juniors Times Square
Pizza Working Lunch

BFIT Examination Delivered

BFIT Examination Completed July 28th                                                                                     
Certificate of Completion   
Student Completion Testimonial Video Recorded
Certificates of Completion Delivered


As you can see on the above videos all we do is provide outstanding training and experiences .   If you would like to have you awesome kids participate contact us at 888-320-9990.


Registration is now OPEN:


FICA Camp for National and International Members 2018 Dates:  


FICACAMP 1. Atlanta, GA
May 29th-June 2nd: BFIT and AFIT Curriculum's
Emory University
201 Dowman Drive 
Atlanta, Georgia 30322
Total Seats available 12
Register Now: Open


FICACAMP 2. Houston, TX
June 4th-8th: BFIT and AFIT Curriculum's
Texas Southern University
Jesse H. Jones School of Business
3100 Cleburne Street
Houston, TX 77004
Total Seats available 12
Register Now: Open


FICACAMP 3. Dallas, TX
June 11th-15th BFIT and AFIT Curriculum's Cox School of Business 6425 Boaz Lane Dallas TX 75205
Southern Methodist University
Cox School of Business
Dallas, TX 77004
Total Seats available 12
Register Now: Open


FICACAMP 4. Orlando, FL
June 18th-22nd BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
Rollins College
Crummer School of Business
1000 Holt Ave 
Winter Park, FL 32789
Total Seats available 12
Register Now: Open



June 25th-30th BFIT, AFIT Curriculum's
Miami Dade Wolfson Campus
300 NE 2nd Ave, 
Miami, FL 33132
Total Seats available 12
Register Now: Open


FICACAMP  6. Los Angeles, CA

July 2nd-6th (Off July 4th) BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
University of Southern California
Marshall School of Business 
3670 Trousdale Parkway, 
Los Angeles, CA 90089 Chicago, IL 60607
Total Seats available 12
Register Now: Open


FICACAMP  7. San Francisco, CA:
July 9th-13th BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
San Francisco State University 
College of Business
1600 Holloway Ave, 
San Francisco, CA 94132
Register Now: Open


FICACAMP  8. New York, NY: 
July 16th-20th BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
FICACAMPS Conference Center
42 Broadway
New York, NY
Total Seats available 12
Register Now Open


FICACAMP  9. New York, NY: 
July 23rd-27th BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
FICACAMPS Conference Center
42 Broadway
New York, NY
Total Seats available 12
Register Now Open

FICACAMP  10. Charlotte, NC:
July 30th-August 3rd BFIT, AFIT Curriculum's
University of North Carolina-Charlotte
Belk College of Business
9209 Mary Alexander Rd 
Charlotte, NC 28262
Total Seats available 12
Register Now Open


FICACAMP  11. Washington, DC:

August 6th-10th BFIT, AFIT, EFIT, LFIT & IFIT Curriculum's
Georgetown University
McDonough School of Business 
37th and O Streets, NW
Washington, DC 20057
Total Seats available 12
Register Now Open


FICACAMP  12. Chicago, IL:

August 13th-17th BFIT and AFIT Curriculum's
University of Illinois-Chicago
College of Business Administration
1200 West Harrison St.
Chicago, IL 60607 Chicago, IL 60607
Total Seats available 12
Register Now: Open


FICACAMP  13. Portland, OR:
August 13th-17th BFIT and AFIT Curriculum's
Portland State University
1825 SW Broadway, 
Portland, OR 97201. Chicago, IL 60607
Total Seats available 12
Register Now: Open


FICACAMP  14. San Diego, CA:
August 20th-24th BFIT and AFIT Curriculum's
San Diego State University
5500 Campanile Drive
San Diego, CA 92182-8228
Total Seats available 12
Register Now Open


FICACAMP  15. Seattle, WA:
August 27th-31st BFIT and AFIT Curriculum's
Seattle Central College 
1701 Broadway, BE1105
Seattle, WA 98122
Total Seats available 12
Register Now Open


FICA General Camp Itinerary Monday-Friday
9am-4pm Open 
9am-12noon Daily Classroom Training
12:00noon-1pm Lunch
1pm-4pm Financial Field Trips
5pm-8pm Dinner & Sightseeing Tours (Optional)
Note: Required financial field trips and or optional special tours may extend day and evening times.
Due to limited seating there are no discounts available for campers and seating is strictly limited.
FICA Camp Dress Attire Strictly Required:
-Boys-Business suit (Black, Blue or Gray), white or light blue shirt, tie and dress shoes. 
-Casual slacks, jeans, shirts and sneakers for after hour events.
-Girls- Professional business two piece suit (Blue, Black or Gray) blouse white or light color OK with colorful scarf OK. Flat conservative color dress shoe built for city walking.
-Casual slacks, jeans, shirts and sneakers for after hour events.


FICA Camp Equipment Required:
-Laptop-IPAD Computer, Pens, Pencils, Calculator and Notepad


FICA Camp requirements and registration process below.
The following are the steps required for participation and camp registration. In order to attend any FICA camp or event you must first register your student as a member and then select a city camp location for which to register. Check with us to see which city has multiple week training camps available.
All students must be registered members. Become a FICA Member (Required) Click Here:


Thank you so much and we would love to have your support in increasing the financial intelligence of many more students.

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#2 Consumer Comment

Now it’s time for me to go into a little bit more depth

AUTHOR: Consumer advocate/reputation consultant - (United States)

 Frank Thank you from the bottom of my heart for doing what you do it’s really hard to find people like you that are willing to take parents children and trying to teach them the value of money and how to protect their financial future I believe that’s the parents jobs but most of them have the empty hands and that’s why a lot of people in society today broke or deeply in debt because nobody spent the time to teach them how to value their money and what to do with it in a correct manner.

  I personally have watched many of Frank’s YouTube videos and I see a great deal of passion coming from what he does for people’s children future leaders of tomorrow.   I was sent the following and I believe every word of what I’m going to post below  that was sent to me that was put together by Frank.  Frank I will always stand up for you I believe in what you’re doing for the leaders of tomorrow keep doing it with the pride that you currently have.  Please never let a idiot or Maggitt  distract you from your mission 


Frank Parks FICACAMPS-Valerie Carnevale-Kevin McKiernan   The following is a factual detailed analysis of the FICACAMP NY program held July 24th-28th, 2017:     Monday Day 1. Training: Dream Plan Design and Financial Terminology   Valerie Carnevale, Kevin McKiernan, Jesse McKiernan and Cody McKiernan are all from the same family that has Declared Jihad and Holy War against Future Investor Clubs of America, Frank Parks and FICACAMPS a good American company and project that helped thousands of students increase financial education. This all started the first day of class when their kids showed up and discovered that their FICA Certified instructor was an African American male.  Right after that, the phone calls started coming in from Kevin complaining. Lunch that day was at the Cheesecake Factory; which is noted on our website as the type of luncheon establishments we visit. Kevin didn't like it and asked why are we going to sit down restaurants instead of a Deli type food establishments.  The instructor explained, that "parents don't send their kids to our programs for them to get deli meals and that those places in NY are crazy packed during lunch and also pricey.  Plus, our lunches are also designed to be a etiquette teachable and classmate networking experience.  It works."   Kevin would text his kids and have them ask the instructor questions throughout the entire day about the training.   Normally kids have questions, but they would say my dad wants me to ask you a specific question about asset allocation.  This was designed by Kevin to test the knowledge of a 25 year veteran former financial advisor/instructor.  In other words even though FICACAMPS had been providing this training for 20 years and the curriculum was fully displayed at (; they were planning to cause a problem about every little thing.  They did.   Our field trips that day were to Columbia and New York Universities two prestigious institutions. We have visited and toured these campuses for 20 years; they know us without incident. In addition to touring part of the campus, students visited the business schools; and gathered considerable information to carry with them to their parents.    They ( Valerie Carnevale-Kevin McKiernan); complained we were only at each school location for 5 minutes and that we visited only the libraries. Ridiculous. We were in fact at each campus location for approximately 45 minutes-1 Hour.  Each business school library had over 100 plus students studying during the summer at each university.  That was a great learning experience, but not for these parents. They complained about the kids visiting the college library.   There were a total of six kids in that class including theirs. We only take up to 12 students per class during the summer sessions. Smaller classes allows us to give students individualized attention because the curriculum is very comprehensive. Most parents love that about our camps.  Not these parents;  they complained we should have more students. Several students registered for that week switched to another week because of a conflict.  Thats allowed.  Regardless, we don't cancel the camps if we have five or more students; our company showed up and delivered the services as subscribed.  They were the only parents during the entire summer camp season causing issues every single day of the camp.      Tuesday Day 2. Training: Insurance and Banking-Financial Planning   The following days only got worse. We have a set BFIT curriculum ( ) that must be strictly followed if the kids are to pass there exam at the end of the week. Kevin sent in his own curriculum that he found on the Internet. Our instructor explained that we can't use random curriculum or documents.     For lunch we went to Eataly ( ) for lunch; they complained about the menu and cost when each parent is told to send their kids with $20.00 daily to cover meals and tip. Many of our students come from many different cities and countries.  We provide positive classroom learning, lunch, tours and field trip experiences to all our students. Regardless of parentage and have done so for 20 years.  Thousands of our parents and students testimonials, pictures and videos bare out these facts.  We explained to Kevin that it works and it didn't matter; because he had a hidden agenda.  See below.   They complained about our adult staff calling them kids; Tech Support Age 31 yr Male and Social Media Specialist Age 23 yr Female. Complaining about phone usage.  We reasonably try to limit phone activity during lunch time but it is lunch time, thats normal.  We also understand that parents are reaching out to their kids as did Kevin and Valerie.  They text their kids every 10 minutes even during class time.  During class time we strictly limit phones and texting.   During afternoon the Financial Field Trips were t  3 Banks; CitiBank, TD Bank and Chase.  The students met and talked to the branch Executives. Great learning experience right.  Not for these parents, they ( Valerie Carnevale-Kevin McKiernan) complained we were only there for 5 minutes and talked to tellers. In fact we visited each bank for 30-40 min and spoke with management.  More than enough time for the kids to learn about that banks history, products, services and career/internship opportunities.  Plus ask questions.    This is a basic learning class so the experience fits that training level.  Again that was the perfect chance for them to just leave the camp program.  They did not do it quit, but yet kept up the daily complaining.   Wednesday Day 3 . Training: Investment Terminology and Investing In Stocks   Here we go again.  Cody and Jesse show up again after two solid days of camp training, lunches and field trips. Their classmates are learning and enjoying their experiences. Each morning students are asked to share what they learned during class, lunch and field trips. The other kids talked about the their entire prior day experience and loved it.    However Jesse and Cody stated that they no longer wanted to participate in lunch or the afternoon field trips with their classmates.   Our corporate response was failure to participate in all training and activities would end their class participation.  In addition, you will not receive a Certificate of Completion. Its like regular school you don't participate in all mandated training and activities you don't graduate.  They contacted Kevin and Valerie and was told to continue in the class training and to participate.    Lunch was held at the world famous Juniors at Time Square (  What happened that afternoon was disrespectful.   For the Financial Field Trip students visited Charles Schwab and Fidelity Investment Brokerages that afternoon. Cody the youngest son of Kevin and Valerie suddenly declared a Medical Emergency; complaining about a leg injury and therefore both he and his brother Jesse needed to leave the camp early and not participate in the field trip. They complained that the walking to the field trip locations was aggravating his injury.  We let them leave so that we could provide the experience for the other students; as we should have.  That was the perfect chance for them to just leave the camp program if they weren't happy.     Thursday Day 4.  Investing In Stocks, Annuities, Bonds and Mutual Funds:   This training day was once again with issues surrounding this family and students.  Each week during the training session we host a training directly on Wall Street. Located at 60 Wall Street Atrium ( building which is less than half a block from the front of NYSE.  It's also a tourist attraction.   All meals and field trips that day is on Wall Street.  Once class got going, Cody, complained of having a serious stomach virus and need to use the restroom.  He was given permission to go promptly to the restroom and class continued. This happen 3 times within the first hour.  So the instructor advised his brother that maybe he should get some Pepto Bismol to help.  Jessie, stated that he did not have enough money....  The instructor, reached in his pocket and gave Jesse $10.00 to go across the street to the Duane Reade Pharmacy.  He returned with the medication.  Once Cody took the medication he said that he felt better.  We took him at his word that this was a legitimate medical issue.     This training location takes the students out to the conference/classroom and places them right on Wall Street.  Awesome experience right, the training is provided in more of an open environment.   The kids loved it.  But not Kevin and Valerie, they complained that the open location on Wall Street with the students seating at tables going through the curriculum was horrible and no training occurred at all. Pure fiction.    Pizza Working. Lunch was sponsored by FICACAMPS and also held at the 60 Wall Street Atrium location.  It was a working lunch to make sure we were caught up on all the curriculum because the FICA BFIT exam would be the following day on Friday.    The Financial Field Trip for that day was held at the  American Museum of Finance( and Federalist Hall 55 Wall Street (, all students participated in these awesome field trips and learning experiences including both Cody and Jesse. You would think that finally these parents see the light.  Of course not,  both Kevin and Valerie complained about the camp location, field trips and never said thanks for buying their kids some medication.  Just made the staff wonder .....     Friday Day 5.  Training: Online Trading and Financial Web-Sites, Career and Credit Management, and Starting An Investment Club:   Last day of camp!  Despite the constant issues with parents Kevin and Valerie, both Cody and Jesse had responded well during the actual class training; when allowed to just concentrate on the training without parental distractions.  This was evident by their passing of the BFIT Examination.  As a matter of fact all camp participants passed their exams.  Cody and Jesse both.respectively scored an 82% competency rating earning their Certificate of Completion.  Both Cody and Jessie both stated on video just how much they enjoyed the camp and how much they learned. Much to the displeasure of their parents Kevin and Valerie.  So what did the parents do as punishment for Cody and Jesse; they made both kids record videos denouncing the FICACAMPS, Frank Parks and Future Investor Clubs of America and posted it on YOUTUBE along with their own.   Finally in conclusion:  What was this really all about.   Kevin and Valerie Wanted A Free Camp and ask for a Refund after their kids graduation and Certificates of Completion were delivered.   You may ask why did these parents Kevin and Valerie do all this petty complaining day after day even when seeing all the Training, Lunches and Financial Field Trip experiences.  The fact is that Kevin and Valerie Wanted A Free Camp and ask for a Refund after Graduation and the Certificates of Completion were delivered.  The said that they would declare Jihad and Holy War against our company if we didn't honor their request.  FICA sent a detail corporate response to answer each one of their complaints and referred them to our Terms of Service Agreement.  We also recommended that they search their spam folder for any other information sent to them by us that may have be blocked by their Internet service provider.     Their response was to Declare Jihad and a Holy War against our company.  A company that provided their kids all that financial training that they lacked; like most American students.  If they didn't need the training then why would they have registered them for the camp.  FICA explained that we delivered 100% of the subscribe services, plus endured their daily religious complaining.    Jihad and Holy War Declaration sent by Kevin and Valerie:   Once camp was completed we received the following from Kevin and Valerie;     "Please be advised.  We require a full refund our any fees paid to you for the participation of Jesse & Cody McKiernan.  We will instigate legal proceedings along with developing an accurate series of YouTube videos we will publish and promote in which both boys share their experience of Frank Parks and FICA camp and we will be reporting your business to the Better Business Bureau and the New York Consumer Affairs Department.  We will also re-visit both Universities to alert them of this action."     Amazing, where do these come from this is .un-American.  
  FICA's Corporate Response:

This in part was sent to Kevin and Valerie to address their declaration:  

"Regardless, based on the Absolute Undeniable and Indisputable Provable Facts that your students participated in 100% of the July 24th-28th New York FICA Young Investors Wall Street BFIT summer camp training program, attended multiple Financial Field Trips events and Business lunches; as well as successfully completed/passed the BFIT Examination and thereby earning and receiving BFIT Certificates of Completions.  Therefore, as per our Terms of Service Agreement ( you are Not Eligible for a Refund, discount or any other financial consideration. Our position is that ALL services were 100% delivered as outlined below in our online and emailed descriptions of the program."



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#3 Consumer Comment

Valerie I spoke to Frank. Let me explain something valve that I kind of see both sides of the fence

AUTHOR: Consumer - (United States)

Valerie I spoke to Frank let me explain something ..  i’ve been on the phone for about one hour talking to Frank  parks.  From what I’ve seen and what I’ve heard I think he’s actually trying do something good for young children that their parents neglect to help teach them about financial responsibility.  So many parents  what to collect their children’s education by making sure that they are financially responsible for their money and they completely learn the value of a dollar.   Frank I show me evidence clear evidence that he’s trying to do what you should’ve been doing years ago.    No maybe you’re one of those people that make a lot of money and don’t have time to spend with your children and teaching them about money and financial responsibility and the value of good credit.

 But I will stand up for Frank because he’s trying to do something good and some people I don’t like to use this word but I have to like to be racist  it’s a word I hate to use but it sure seems that way to me.   Why is it that somebody else outside of your family has to do your job I don’t know that’s beyond me.  when I see what he’s trying to do and what he’s done my hats off to him your problem is your kids not being taught what they should be taught and you’re doing nothing about it yes you paid some money for them to go there but you didn’t want to spend the time to find out what they are really learning something good that you probably have not taught them.

 So many parents want somebody else to be the parents of their children teach them what they need to know because parents are too lazy to do what they’re supposed to do as parents.. He told me about some of the videos that he’s got and I’m impressed with his response of what he plans to do with him and that’s absolutely nothing because he’s not a guy that’s trying to cause trouble he’s twine to spend time  teaching kids what their parents are neglecting to do  AS YOU ARE......

 It’s hard to find people like Frank it really is and I’m sure that he’s not charging a bucket load of money to educate your kids and others what they need to know about the business world stock market and being financially responsible as they get older so they can learn what to do with their money to get ahead in life .

 For you to post a video but what you’ve done to try to bash and trash him you got to be ashamed of yourself PISS OFF

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