California Financial Educators Council Names Raymond Donegan Jr., CFEI® to Advisory Board

Retired military veteran brings financial empowerment expertise to state-level council

Mar. 30, 2026 at 1:36am

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The California Financial Educators Council (CFEC) has named Raymond Donegan Jr., a retired 22-year U.S. military veteran and Certified Financial Education Instructor (CFEI®), to its prestigious Advisory Board. Donegan, who holds a Bachelor's degree in Technology Management, will leverage his real-world financial education experience to help the CFEC advance its mission of empowering California individuals, families, and communities with essential money management skills.

Why it matters

Donegan's appointment to the CFEC Advisory Board underscores the growing importance of financial literacy education, especially in underserved communities. His personal background and military service have instilled in him a deep commitment to helping people overcome financial challenges and achieve greater financial freedom.

The details

As a CFEI®, Donegan leads interactive financial education workshops covering topics like budgeting, debt management, wealth building, risk protection, and long-term planning. He emphasizes the importance of shifting mindsets from 'financial fear to financial freedom.' Donegan's extensive military experience, including roles as a Command Financial Specialist, Command Navy-Marine Corps Relief Society Representative, and Supply Department Leading Petty Officer, has given him unique insights into the importance of financial preparedness.

  • Raymond Donegan Jr. was named to the CFEC Advisory Board on March 29, 2026.

The players

Raymond Donegan Jr.

A retired 22-year U.S. military veteran and licensed Life Insurance Broker who holds a Bachelor's in Technology Management from DeVry University and a designation as a Certified Financial Education Instructor (CFEI®) from the National Financial Educators Council.

Vince Shorb

The CEO of the National Financial Educators Council, the nationwide parent organization of the state-level CFEC chapter.

California Financial Educators Council (CFEC)

A state-level initiative of the National Financial Educators Council that supports financial education professionals through accredited training, certification pathways, and program development resources.

National Financial Educators Council (NFEC)

An IACET Accredited Provider and Certified B Corporation dedicated to raising instructional standards and improving real-world financial outcomes.

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What they’re saying

“Raymond Donegan Jr.'s military-grade discipline and commitment to helping others make him a powerful force for advancing financial freedom in California.”

— Vince Shorb, CEO, National Financial Educators Council

What’s next

The CFEC is looking forward to a productive partnership with Raymond Donegan Jr. as they pursue their shared goals of empowering California individuals, families, and communities with essential financial literacy skills.

The takeaway

Donegan's appointment to the CFEC Advisory Board highlights the growing need for financial education, especially in underserved communities. His unique background and commitment to shifting mindsets from 'financial fear to financial freedom' make him well-suited to help the CFEC achieve its mission of improving real-world financial outcomes across California.