About The Financial RecoverySM Institute

A permanent solution, a compassionate approach

Since 1988, the Financial Recovery Institute has been a pioneer in the field of financial recovery, working with individuals and couples, and training professional counselors in a holistic approach to money management that is truly transformational. This approach and proven system is the only financial program that enables people to understand where they are, how they got there, how to change their financial circumstances and maintain a healthy relationship with money for the rest of their lives.

Founded by Karen McCall, who developed the Financial Recovery process during her 28 years of private practice as a financial counselor, the Financial Recovery Institute teaches its counselors how to help clients identify, understand and eliminate self-defeating money patterns once and for all. It also provides specific money management tools that empower people to create spending and savings plans that meet their unique needs and fully support their individual dreams and goals.

The mission of the Financial Recovery Institute, which has been acknowledged and embraced by financial experts and mental health professions, is two-fold:

  1. To provide education and counseling to individuals, couples, and business owners who want to heal self-defeating money behaviors, improve their financial situation, and transform their relationship with money in a profound and permanent way.
  2. To provide professionals who are already working as financial advisors, counselors or therapists with the tools that they need to transform their clients’ relationship with money.

Our mission is to help people form new, healthy relationships to money and build financial lives that are stable and secure.