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): November 1, 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 submitted his  resignation  from the position of
          Chief  Operating  Officer of  Financial  Industries  Corporation  (the
          "Company"),  effective  November 1, 2004. In a Current  Report on Form
          8-K  dated  October  13,  2004,  the  Company  reported  Mr.  Cooper's
          intention to resign effective  December 31, 2004. The earlier date was
          at the request of the Company's Board of Directors.

     (c)  As previously  reported,  the Company has commenced a search for a new
          Chief Operating Officer.



                                   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: November 4, 2004                By:   /s/ J. Bruce Boisture
                                          ______________________________________
                                           President and Chief Executive Officer



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