1300 W. Washington Street

Phoenix, AZ 85007-2996



Main: (602) 542-4242

Email: SecuritiesDiv@azcc.gov

Military and their Families

A Salute to Smart Investing

This resource published by the North American Securities Administrators Association (NASAA) and the Investor Protection Trust (IPT) discusses important topics, including scams that target the military, that you need to consider. Some of the topics featured:

  • The Basics of Saving and Investing
  • Balancing Risk and Return
  • The Rules of Engagement
  • Retirement Planning
  • Avoiding Inappropriate Investments
  • Red Flags
  • Additional Resources

View this publication to learn about how you can gain financial readiness.

Be on Guard Against Affinity Fraud

The evil of "affinity fraud" is that normally savvy or even suspicious people let their guard down when offered an investment by a member of a group to which they belong and with whom they have a common background and interest — whether ethnic, religious, professional, or the military. Your checkbook is simply more likely to open when the approach is made by a member of your own group or when you hear other members of the group are investing.

Unfortunately, con artists and unscrupulous investment promoters often tout a legitimate or fabricated military affiliation to gain your trust. Before you consider investing, arm yourself with some fraud prevention tips:

Beware of testimonials from other group members. Scam artists frequently pay out high returns to early investors using money from later investors.

Do your homework by getting a prospectus or some form of written information that details the risks in the investment and procedures to get your money out.

Get professional advice from an objective third party not in your group - accountant, attorney, or fee only financial planner - to evaluate the investment.

Contact the base community service office for assistance in learning more about the investment promoter and product.

Read more about how to stop affinity fraud in your military community.

Financial Field Manual

The Personal Finance Guide for Military Families

This resource discusses important topics you need to consider and the financial resources available to you as a servicemember in the U.S. Military. Topics include:

  • Investing in Your Future
  • Protection from Scams that Target the Military
  • Take Full Advantage of Your Military Benefits
  • Strategies Before and After Deployment
  • The State of Your State-Tax Situation
  • Smart Home-Buying (and Selling) Tactics
  • A Smooth Return to Life as a Civilian
  • Organize Yourself (Worksheet)

Money and Mobility

For Military Personnel and Families

This resource, published by FINRA (Financial Industry Regulatory authority), discusses important topics you need to consider and the financial resources available to you as a service member in the U.S. military. Topics include:

  • The Value of Being Financially Prepared
  • When Duty Calls
  • PCS Moves: Before and After
  • Plan for Future Moves and More
  • Avoid the Money Drains--and Save
  • Tips for Smart Investing
  • Resources: Where Can My Family Get More Information?

View this publication and for more general information about wise investing and fraud prevention.

Take Aim at Investing: The Four C's

A knowledgeable investor is the best defense against investment fraud. If you're investing outside of the government-sponsored investment options, don't hand over your money until you have completed the "Four C's":

  • Consider your options, including suitability and risk.
  • Compare it to other investments.
  • Consult with an objective, third party on base, someone who is knowledgeable about finance.
  • Call or email the Securities Division's Investigator on Duty to verify license status of the investment salesperson, product and company.

Read more about the basics of saving and investing. Contact the Securities Division to ask and check before you invest:

TEL: 602-542-0662 or toll free in Arizona,

1-866-VERIFY-9 (837-4399)

EMAIL: info@azinvestor.gov

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Arizona Corporation Commission

1200 W. Washington Street

Phoenix, AZ 85007


Corporations Division

1300 W. Washington Street

Phoenix, AZ 85007


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400 W. Congress Street

Tucson, AZ 85701