8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

       Date of report (date of earliest event reported): October 12, 2004

                        FINANCIAL INDUSTRIES CORPORATION
               (Exact name of Registrant as specified in charter)

                             Texas 0-4690 74-2126975
     (State or other jurisdiction (Commission file number) (I.R.S. employer
                      of incorporation) identification no.)


                      6500 River Place Blvd., Building One
                               Austin, Texas 78730
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (512) 404-5000


Former name or former address, if changed since last report - Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17
       CFR 230.425)

[  ]   Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
       CFR 240.14a-12)

[  ]   Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
       Exchange Act (17 CFR 240.14d-2(b))



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Item 5.02 Departure of Directors or Principal  Officers;  Election of Directors;
          Appointment of Principal Officers

     (b)  Charles B. Cooper has notified Financial  Industries  Corporation (the
          "Company")  of his  intention  to resign  from the  position  of Chief
          Operating  Officer of the Company,  effective  December  31, 2004,  in
          order to return to his consulting  business.  Mr. Cooper was appointed
          to his current  position in February  2004, and served as a consultant
          to the Company from November 2003 to February 2004.

          The Company has commenced a search for a new Chief Operating  Officer.
          Mr. Cooper has requested an earlier  departure if a successor is hired
          prior to the end of the year.



Item 7.01 Regulation FD Disclosure

          A copy of the press release issued by the Company on October 13, 2004,
          announcing  the foregoing  information  is attached  hereto as Exhibit
          99.1.



Item 9.01 Financial Statements and Exhibits


          (c) Exhibits.

              Exhibit Number    Description

              99.1              Text of press release of Financial Industries
                                Corporation, dated October 13, 2004.



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                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                        FINANCIAL INDUSTRIES CORPORATION




Date: October 13, 2004                  By: /s/ J. Bruce Boisture
                                           _____________________________________
                                           President and Chief Executive Officer




                                     - 3 -

EX-99.1

                                  EXHIBIT 99.1

FOR IMMEDIATE RELEASE
October 13, 2004

FOR MORE INFORMATION CONTACT
Investor Relations Department
512-404-5128

                   FINANCIAL INDUSTRIES CORPORATION ANNOUNCES
                 RESIGNATION OF COO AND SEARCH FOR REPLACEMENT

Austin,  Texas,  July 9,  2004-Financial  Industries  Corporation  ("FIC") today
announced that Charles B. Cooper has notified it of his intention to resign from
the position of Chief Operating Officer of the Company,  effective  December 31,
2004, in order to return to his consulting business. Mr. Cooper was appointed to
his current position in February 2004, and served as a consultant to the Company
from November 2003 to February 2004.

The Company has commenced a search for a new Chief Operating Officer. Mr. Cooper
has  requested an earlier  departure if a successor is hired prior to the end of
the year.

Financial Industries Corporation, through its various subsidiaries,  markets and
underwrites  individual life insurance products. For more information on FIC, go
to http://www.ficgroup.com on the Internet.

Contact:
Financial Industries Corp., Austin
Investor Relations Department, 512-404-5128