Conference

2020 Academic Research Colloquium

This international meeting of researchers, practitioners, and graduate students, held in cooperation with the international Financial Planning Standards Board and FP Canada, showcased rigorous, relevant research within financial planning, as well as disciplines that directly or indirectly relate to the financial planning body of knowledge or financial planning practice.

February 20 - 22, 2020 — Renaissance Arlington Capital View Hotel, Arlington, VA

Academic Research Colloquium for Financial Planning and Related Disciplines February 20-22, 2020
THURSDAY, FEBRUARY 20
8:00 a.m.	Registration Opens
9:00 a.m. – 12:00 p.m.	Doctoral Seminar
12:00 p.m. – 7:15 p.m.	Exhibits Open
1:00 p.m.	Opening General Session
1:00 p.m. – 2:15 p.m.	General Session – Keynote I Dr. David K. Musto - Moderator The Wharton School, University of Pennsylvania Jason McCarley Oregon State University Vanessa Perry George Washington University Martin Seay, CFP® Kansas State University
2:15 p.m. – 2:30 p.m.	Break
2:30 p.m. – 3:30 p.m.	Concurrent Sessions – Paper Presentations *Using Behavioral Prompts to Improve Saving and Investing Decisions* Vickie Bajtelsmit, Colorado State University Jennifer Coats, Colorado State University *Bigger is Better: Defined Contribution Menu Choices with Plan Defaults* Michael Finke, CFP®, The American College of Financial Services David Blanchett, CFP®, Morningstar Investment Management *A New Measure of Investor Risk Aversion* John Grable, CFP®, College of Family and Consumer Sciences, University of Georgia Aditi Routh, College of Family and Consumer Sciences, University of Georgia Marth Fulk, College of Family and Consumer Sciences, University of Georgia *A Structural Model of Mental Accounting* Nick Pretnar, Carnegie Mellon University Alan Montgomery, Carnegie Mellon University Christopher Olivola, Carnegie Mellon University
3:30 p.m. – 3:45 p.m.	Break
3:45 p.m. – 4:45 p.m.	Concurrent Sessions – Paper Presentations *Consumer Perceptions of Financial Advisory Titles and Implications for Title Regulation* Derek Tharp, CFP®, University of Southern Maine *Estimating Willingness-to-Pay for Financial Planning Services* Wookjae Heo, South Dakota State University Jae Min Lee, Minnesota State University, Mankato Narang Park, College of Family and Consumer Sciences, University of Georgia *Removing the Fine Print: Standardization, Disclosure, and Consumer Loan Outcomes* Sheisha Kulkarni, University of California – Berkley Santiago Truffa, Tulane University Gonzalo Iberti, SBIF *The Relationship Between the Ownership of Insurance Products and Retirement Satisfaction* Hossein Salehi, CFP®, California Lutheran University Charlene Kalenkoski, CFP®, Texas Tech University
4:45 p.m. – 5:00 p.m.	Break
5:00 p.m. – 6:00 p.m.	General Session
6:15 p.m. – 7:15 p.m.	Evening Reception and Poster Session – List of Accepted Posters
FRIDAY, FEBRUARY 21
7:30 a.m.	Breakfast
8:00 a.m. – 5:00 p.m.	Exhibits Open
9:00 a.m. – 10:15 a.m.	General Session – Keynote II Dr. J. Anthony Cookson Leeds School of Business, University of Colorado – Boulder Best Paper Award
10:15 a.m. – 10:30 a.m.	Break
10:30 a.m. – 11:30 a.m.	Concurrent Sessions – Paper Presentations *Fintech Nudges: Overspending Messages and Personal Finance Management* Sung Lee, New York University *Generous to a Fault: The Effect of Generosity of Employers Retirement Plan Contributions on Leakage from Cashing Out at Job Separation* Muxin Zhai, Texas State University Yanwen Wang, University of British Columbia John Lynch, University of Colorado Boulder *Racial Demographic Factors Associated with Financial Planner Use* Miranda Reiter, CFP®, Kansas State University *Does Working with a Financial Advisor Reduce Financial Anxiety and Increase Investment Confidence* Matthew Sommer, CFP®, Kansas State University HanNa Lim, CFP®, Kansas State University Maurice MacDonald, Kansas State University
11:30 a.m. – 12:15 p.m.	Poster Session – List of Accepted Posters
12:15 p.m. – 1:00 p.m.	Lunch and Visit Exhibitors
1:00 p.m. – 2:30 p.m.	General Session – Keynote III Dr. Lauren Cohen Harvard Business School Best Paper Award
2:30 p.m. – 2:45 p.m.	Break
2:45 p.m. – 3:45 p.m.	Concurrent Sessions – Paper Presentations *Advertising Exposure and Investor Attention: Estimates from Super Bowl Commercials* Gabriel Buchbinder, Princeton University Ioannis Branikas, University of Oregon *Left Behind: Partisan Identity and Wealth Inequality* Da Ke, University of South Carolina *Financial Literacy and the Use of Financial Advice—A Non-monotonic Relationship* Ning Tang, San Diego State University Xiangting Hu, Harbin Institute of Technology *Financial Aliteracy: Measurement and Connection to Financial Behaviors and Economic Pressure* Isha Chawla, Iowa State University *Factors Associated with Having Used a Robo-Advisor* Timothy Todd, Liberty University Martin Seay, CFP®, Kansas State University *Rating a Robo-Rater* David Nanigian, CFP®, California State University, Fullerton
2:45 p.m. – 3:45 p.m.	PRACTITIONER SESSION – IMPLICATIONS Bigger is Better: Defined Contribution Menu Choices with Plan Defaults Michael Finke, CFP®, The American College of Financial Services Does Working with a Financial Advisor Reduce Financial Anxiety and Increase Investment Confidence Matthew Sommer, CFP®, Kansas State University Consumer Perceptions of Financial Advisory Titles and Implications for Title Regulation Derek Tharp, CFP®, University of Southern Maine
3:45 p.m. – 4:00 p.m.	Break
4:00 p.m. – 5:15 p.m.	General Session – Keynote IV Dr. Werner DeBondt DePaul University Best Paper Award
SATURDAY, FEBRUARY 22
8:00 a.m. – 9:00 a.m.	Breakfast
8:00 a.m. – 11:15 a.m.	Exhibits Open
9:00 a.m. – 10:15 a.m.	General Session – Keynote V Dr. Annamaria Lusardi George Washington University School of Business Best Paper Award
10:15 a.m. – 10:30 a.m.	Break
10:30 a.m. – 12:00 p.m.	Concurrent Sessions – Paper Presentations *The Effect of Mortality Salience on Asset Decumulation Decisions* Yi Liu, Texas Tech University *Financial help-seeking behavior and life satisfaction among the U.S. elderly: The Roles of Personality, Cognitive Ability, and Risk Tolerance* Lu Fan, CFP®, University of Missouri Swarn Chatterjee \| University of Georgia *Does subjective cognitive functioning help to describe the financial behavior of older adults?* Su Hyun Shin, University of Utah *Husbands Remain the More Financially Knowledgeable Spouse in Wealthy Households* Sherman Hanna, Ohio State University Kyoung Tae Kim, University of Alabama Suzanne Lindamood, Legislative Service Commission, State of Ohio (retired) *Millennials’ Adoption of PFM Technology and Subsequent Financial Behavior* Brian Walsh, CFP®, Kansas State University HanNa Lim, CFP®, Kansas State University
10:30 a.m. – 12:00 p.m.	Practitioner Session – Implications *Using Behavioral Prompts to Improve Saving and Investing Decisions* Vickie Bajtelsmit, Colorado State University *Rating a Robo-Rater* David Nanigian CFP®, California State University, Fullerton *A Structural Model of Mental Accounting* John Grable CFP®, University of Georgia
12:00 p.m.	Colloquium Concludes

2020 Academic Research Colloquium

Academic Research Colloquium for Financial Planning and Related Disciplines February 20-22, 2020

General Session – Keynote I

Concurrent Sessions – Paper Presentations

Concurrent Sessions – Paper Presentations

General Session – Keynote II

Concurrent Sessions – Paper Presentations

General Session – Keynote III

Concurrent Sessions – Paper Presentations

PRACTITIONER SESSION – IMPLICATIONS

General Session – Keynote IV

General Session – Keynote V

Concurrent Sessions – Paper Presentations

Practitioner Session – Implications

Academic Research Colloquium for Financial Planning and Related Disciplines
February 20-22, 2020