In 2012 he was promoted to sergeant where he served as a patrol and field training sergeant, and fleet coordinator. The goal of FinancialCop?
Educating first responders on building financial strength, and wellness, as well as full service financial planning, retirement planning, and understanding their pensions. Nick Daugherty began his career with the Grand Prairie Police Department in 2003, serving as a patrol officer, school resource officer, and on an underage alcohol and drug task force. After 2 ½ years he transitioned to lead the
criminal intelligence unit. Following his semiretirement in August of 2017, Nick continued to serve as a reserve officer until his full retirement in 2023. As a young adult, Nick struggled with financial mismanagement. He did a lot of irresponsible things with money, partaking in “stupid tax” (the art of buying toys that he couldn’t afford using credit cards). Before he knew it, he had accumulated over $80,000 in consumer debt, most of which was wrapped up in cars, a $21,000 car stereo system, and expensive vacations. He was tired of being in debt and tired of working so much overtime just to pay his bills. Nick recognized the need for financial education. He discovered the “debt snowball” method to paying down debt and committed to paying off all of his debt. He worked over a thousand hours of overtime over two years and achieved his goal of becoming consumer debt-free in 2007! In 2011, Nick was approached by Grand Prairie Police Chief, Steve Dye, who asked him to design and teach a progressive financial wellness program for new recruits at the police academy. This program expanded into mandatory training for officers across numerous agencies throughout the DFW metroplex. “Building Financial Strength in First Responder Families” has now been taught to personnel from over 4,000 agencies, police academies, national conferences, and leadership organizations nationwide, giving them tools to help them start to win with money and work toward their retirement goals. Nick is now the owner of FinancialCop, one of the largest financial wellness training groups for first responders nationally, as well as a full service, fiduciary only financial planning firm. Additionally, he holds a health and life insurance license and has completed advanced coursework through Ken Zahn’s Certified Financial Planning professional education program. Driven by a deep passion for teaching, Nick is dedicated to guiding first responders and their families in financial management and planning. To have a nation full of first responders that have the ability to retire when they want to instead of spending their time chasing down a pension!
*The views expressed on this page are for informational purposes only and are not designed to advise you on how to handle anything specific to your finances, nor will listening to our advice guarantee your financial success. Opinions expressed are subject to change without notice and do not take into account your specific financial situation, and/or needs. Investment advice offered through
Third party posts found on this site do not reflect the views of Serve & Protect Financial Texas, FinancialCop, or IFP and have not been reviewed by IFP as to accuracy or completeness. Advisory services offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. RPA and FinancialCop LLC are not affiliated.
08/28/2026
BAFFLED BARRY
If you can't explain it, don't buy it. 🧩😵
Barry bought a "DeFi-Yield-Farm-Derivative-Swap" because it sounded fancy. Now the contraption is biting his fingers and he has no idea how it works or why he's losing money. ⚙️ The Financial Cop rule: If you can't explain the investment to a 5-year-old with a crayon, you have no business owning it. Keep it simple. 👮♂️🖍️
08/26/2026
Across borders and beyond the job, giving back is part of who we are at Financial Cop. 💙
08/26/2026
Giving back isn’t just something we do, it’s who we are.
This summer, three members of the FinancialCop team answered the call to serve through mission work in Peru, the Dominican Republic, and Guatemala.
From building and painting to simply spending time and forming relationships, Mike, Chris, and Addisyn gave their time and talents to communities far from home.
08/25/2026
If something happened tomorrow, would your family know what to do?
A strong financial plan isn’t only about building wealth—it’s about making sure the people you love are protected and prepared.
Get the documents together. Organize the details. Make your wishes clear.
Prepare today. Protect tomorrow. Leave a plan, not a puzzle.
Download your FREE copy in the comments below.
08/24/2026
More money later—or more time now?
Retirement isn’t just a numbers decision. It’s a life decision.
A larger pension and more investments can be powerful—but so can five extra years with your family.
There’s no universal right answer. The right choice is the one that fits your finances, your family, and your future.
So… Option A or Option B? 👇
08/22/2026
Another amazing night in store for the ladies for another amazing organization Assist The Officer - Fort Worth.
We want to send a heartfelt THANK YOU to FinancialCop for becoming a proud sponsor of Cowtown Cops & Couture!
Because of incredible partners like you, we're able to throw one unforgettable night while raising support for Assist The Officer - Fort Worth.
We couldn't do it without ya. See y'all on the dance floor! 💕🤠
08/21/2026
DAY-TRADE DAVE
Think you can beat the algorithms? 🖥️💸
Dave is glued to his monitors, fueled by energy drinks, trying to outsmart Wall Street from his basement. But that high-speed vacuum is sucking cash out of his wallet faster than he can click "BUY." 💨 The Financial Cop warns: Day trading is gambling, not investing. The house usually wins. Build wealth slowly, don't bet it all on a chart. 👮♂️🎲
08/20/2026
Thank you, TCOLE, for an incredible 2026 Conference!
We’re grateful for the connections, conversations, and opportunity to share Financial Cop’s mission with law enforcement professionals from across Texas.
From the conference floor to the classroom, it was an honor to talk financial wellness and help first responders build stronger financial futures.
We serve those who serve. 💙
08/19/2026
Thank you, Wichita Falls Police Department, for your continued trust and partnership! 💙
Since 2022, we've had the privilege of returning each year to teach our Building Financial Strength in First Responder Families program. That ongoing commitment speaks volumes about Wichita Falls PD's dedication to the well-being of its officers—not just on the job, but at home as well.
Departments that invest in their people build stronger teams, stronger families, and stronger communities. We're honored to play a small part in that mission and grateful for the opportunity to serve the men and women of Wichita Falls PD year after year.
Thank you for making financial wellness a priority. We look forward to seeing you again next year!
08/18/2026
Your retirement is more than a pension. It's the financial decisions you make before you retire that determine how confident you'll be after you do.
From understanding your retirement income and healthcare options to building a tax strategy and creating a paycheck plan, every decision plays a role in protecting your future.
At Financial Cop, we help first responders retire with confidence—not uncertainty.
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