Conference

7th Annual Academic Research Colloquium

CFP Board Center for Financial Planning hosted the seventh annual Academic Research Colloquium for Financial Planning and Related Disciplines in Arlington, VA.

December 7, 2023 - 8:00 AM - December 8, 2023 - 7:00 PM

The Colloquium featured:

Paper presentations and research paper poster exhibits.
ARC Awards Ceremony recognizing the best papers and posters that relate directly or indirectly to financial planning practice/financial planning body of knowledge.
CFP® practitioner sessions to discuss how to put academic research into practice.
Networking Luncheons to connect and engage CFP® professionals and researchers in the financial planning profession.

Who should attend?

Leaders from financial planning academia and practice including:

Graduate & post graduate level scholars & researchers from financial planning and related disciplines.
Financial planning faculty from colleges & universities with a CFP Board Registered Program.
CFP® professionals seeking knowledge for practitioner implications and to obtain Continuing Education credits.
Leaders of financial services firms with an interest in utilizing research to advance firm operations and client services.

Speakers

Shlomo Benartzi

Professor Emeritus

UCLA

Sonya Lutter

Sonya Lutter, Ph.D., CFP®, LMFT

Texas Tech University & Founder of ENLITE

Academic Research Colloquium Agenda

Time	Session	Location
8:00 AM – 9:00 AM	Breakfast	Outside Salon 4
9:00 AM – 9:15 AM	Welcome and Opening Remarks Dan Moisand, CFP®, Chairman of the Board	Salon 4
9:15 AM – 10:15 AM	State of the Profession and Colloquium Overview Panelists from the Financial Planning Review editorial board discuss the state of the financial planning profession, including key trends, to provide context and highlight issues to keep in mind throughout the next two days. Panelists will also discuss how these issues are being addressed in The Review and how to get involved. Moderator: Stephen Horan, Executive Editor, Financial Planning Review Panelists: Megan McCoy, Co-Editor, Financial Planning Review Vickie Bajtelsmit, Associate Editor, Financial Planning Review Conrad Ciccotello, Co-Editor, Financial Planning Review	Salon 4
10:30 AM – 11:30 AM	Session I – Economic Security and Tax Loss Harvesting Economic Security of Older Adults after the Death of a Partner: Evidence from Credit Data Cäzilia Loibl, Ph.D, The Ohio State University Stephanie Moulton, Ph.D, The Ohio State University Meta Brown, Ph.D, The Ohio State University Donald Haurin, Ph.D, The Ohio State University Matthew Pesavento, Ph.D, The Ohio State University Tax Loss Harvesting: Check Your Frequency David Blanchett, Ph.D, CFP^©, CFA^©, PGIM Session II – COVID – 19 The Value of Professional Financial Advice in a Crisis: Evidence from Financial Advisors During the COVID-19 Pandemic. Kirsten MacDonald, CPA, Griffith University Ellana Loy, Griffith University Mark Brimble, Ph.D., Griffith University Karen Wildman, Griffith University Dwelling on Money Matters: Financial Rumination, Financial Anxiety, and Financial Well-being During the COVID-19 Pandemic Timothy Todd, Ph.D., J.D., CPA, Liberty University School of Law Kyoung Tae Kim, Ph.D., EA, University of Alabama Sunwoo Lee, Ph.D., York University	Session I: Studio B Session II: Studio D
11:30 AM – 12:30 PM	Luncheon	Salon 4
12:30 PM – 1:15 PM	Keynote Speaker - Sonya Lutter, Ph.D., CFP®, LMFT, Texas Tech University “Applying a Systemic Approach for Better Outcomes” Sponsored by Northwestern Mutual	Salon 4
1:15 PM – 1:45 PM	Client Impact Study Report-Out Sonya Lutter, Ph.D., CFP®, LMFT, Texas Tech University Stuart Heckman, Ph.D., CFP®, Texas Tech University Emily Koochel, Ph.D., AFC®, CFT-I™, eMoney	Salon 4
1:45 PM – 2:00 PM	Break
2:00 PM – 3:30 PM	Session III - Financial Planners Echoes of Bias: An Analysis of ChatGPT in Financial Planner-Client Dialogues Chet Bennetts, CFP®, CLU®, ChFC®, CLF®, RICP® Eric Ludwig, CFP®, Kansas State University A Comparative Study of Planners’ and Clients’ Perspectives on Value Yu Zhang, Ph.D., Kansas State University Megan McCoy, Ph.D., Kansas State University Mindy Joseph, Ph.D., Kansas State University Exploring the Relationships between Virtual Client Meetings, Financial Anxiety, and Trust in Financial Planning Ashlyn Rollins-Koons, CFP®, Kansas State University Derek Lawson, Ph.D., CFP^©, Kansas State University Megan McCoy, Ph.D., Kansas State University Joanne Wu, CFP®, PFP®, Kansas State University Jason Anderson, CFP®, CPA, Kansas State University Eric Ludwig, CFP®, Kansas State University Session IV – Psychology Financial Mindfulness Simon Blanchard, Ph.D., Georgetown University Emily Garbinsky, Cornell University Lena Habin Kim, Cornell University The Moderating Effect of Social Media Use on Investing Confidence and Financial Anxiety Timothy Todd, Ph.D., J.D., CPA, Liberty University School of Law Sonya Lutter, Ph.D., CFP®, LMFT, Texas Tech University Cory Thompson, Texas Tech University & Kansas State University Retirement Expectations vs. Reality: Factors that Impact Retirement Decisions Zhikun Liu, Ph.D., CFP®, MissionSquare Retirement David Blanchett, Ph.D, CFP^©, CFA^©, PGIM Qi Sun, Pacific Life Naomi Fink, Europacifica	Session III: Studio B Session IV: Studio D
3:45 PM – 4:45 PM	*Session V – Portfolio Management* Bayesian Estimation as an Alternative to Monte Carlo Analysis in Financial Planning: An Application Using S&P 500 Returns Donald Lacombe, Ph.D, Texas Tech University A Non-Random Walk Towards More Efficient Portfolios David Blanchett, Ph.D., CFP^©, CFA^©, PGIM	Salon 4
5:00 PM – 6:00 PM	Cocktail Reception w/ Hors d'oeuvres & Poster Session	Salon 1

Day 2 – December 8, 2023

Time	Session	Location
8:00 AM – 8:30 AM	Breakfast	Salon 4
8:45 AM – 9:00 AM	Day Two Welcoming Remarks	Salon 4
9:00 AM – 10:30 AM	Session VI – Financial Well-being 1 Measures and Drivers of Financial Wellbeing Vickie Bajtelsmit, Ph.D., Colorado State University Jennifer Coats, Colorado State University The Role of Financial Literacy in Improving Financial Well-Being Nasima Khatun, Texas Tech University Donald Lacombe, Ph.D, Texas Tech University Megan McCoy, Ph.D., Kansas State University Financial Anxiety and Intergenerational Transfers: Impacts of Gifts and Inheritances on Financial Well-Being Timothy Todd, Ph.D., J.D., CPA, Liberty University School of Law Kristy Archuleta, Ph.D., LMFT, CFT-I™, University of Georgia Kenneth White, Ph.D., University of Arizona	Salon 4
10:30 AM – 11:30 AM	Keynote Speaker - Shlomo Benartzi “The Power of Behavioral Finance”	Salon 4
11:30 AM – 11:45 AM	Coffee Break
11:45 AM – 12:45 PM	Session VII – Media and Market Participation Financial Market Participation and its Association with Investors’ Use of Multiple Information Sources Mahtab Athari, Ph.D., CFP®, Concord University Abdullah Noman, Ph.D., CFP®, University of North Carolina at Pembroke Social Media and Speculative Investing: An Examination of Social Media as an Information Source and Investing in Highly Speculative Assets Morgen Nations, Texas Tech University Session VIII – Financial Wellbeing 2 Financial Education, Employee Mental Health, and Corporate Innovation Vishal Baloria, Ph.D., CPA, University of Connecticut Perceptions or Behavior? An Evaluation of CFPB’s Financial Well-Being Scale: Using Household Financial Ratios Adele Harrison, Ph.D., California Baptist University Ed Khashadourian, Ph.D., California Baptist University	Session VII: Studio B Session VIII: Studio D
12:45 PM – 1:45 PM	Luncheon & Award Announcements	Salon 4
1:45 PM – 2:15 PM	Session IX – Planning for Underrepresented Populations Racial and Ethnic Disparities in Household Financial Obligations: Changes from 2016 – 2019 Congrong Ouyang, Ph.D, Kansas State University Sherman Hanna, Ph.D., Ohio State University A Comprehensive View of U.S. Military Veteran Home Ownership Eric Olsen, The Ohio State University Cäzilia Loibl, Ph.D, The Ohio State University Andrew Hanks, Ph.D., The Ohio State University	Salon 4
2:30 PM – 3:30 PM	Closing Reflections Panelists from the editorial boards of the profession’s leading peer-reviewed journals review and synthesize what they’ve heard the last two days, highlighting standout papers and casting their gaze on likely developments for the coming year. Moderator: Stephen Horan, Executive Editor, Financial Planning Review Panelists: Tom Robinson, Co-Editor, Financial Planning Review Sherman Hanna, Associate Editor, Financial Services Review Vickie Bajtelsmit, Associate Editor, Financial Planning Research Journal	Salon 4
3:30 PM	Program Concludes