WASHINGTON, Jan. 31, 2017 /PRNewswire-USNewswire/ -- The CFP Board Center for Financial Planning is pleased to announce the BMO Wealth Management Best Paper Award in Consumer Finance that will be presented at the Academic Research Colloquium for Financial Planning and Related Disciplines in Arlington, Va. on February 7 – 9, 2017. This Best Paper Award is the next in a series of awards that will recognize authors from a variety of disciplines and sub-disciplines that relate to financial planning.
The BMO Wealth Management Best Paper Award in Consumer Finance will be awarded to the scholar with the best paper that focuses on the client-planner relationship, including but not limited to financial therapy, sociology, and communications and counseling. It carries a $2,500 cash prize for the author(s) of the winning paper.
The first-ever Colloquium – held at the Renaissance Arlington Capital View Hotel – will gather the global academic community to showcase rigorous and relevant research within financial planning and related disciplines that directly or indirectly relate to financial planning practice and the body of knowledge.
"Expanding the body of knowledge within financial planning is key to advancing and growing the profession as a whole," said Dr. Charles Chaffin, Director of the Center's Academic Home. "The CFP Board Center for Financial Planning is grateful for Best Paper sponsors like BMO Wealth Management that are willing to support research that will strengthen financial planning practice."
The criteria for this award include:
- Relevance and significance of topic and research question(s) that relate to client-centric financial planning and/or consumer protection
- Clarity of research question(s)
- Thoroughness of literature review
- Appropriateness of methodology for study
- Contribution to the body of knowledge of financial planning
"A rigorous academic underpinning is key to the profession," said Jason Miller, National Head of Wealth Planning, BMO Wealth Management. "We value partners like the CFP Board Center for Financial Planning that are helping to shape the industry and commend this year's award recipients."
The CFP Board Center for Financial Planning is hosting the Colloquium in collaboration with the Canadian-based Financial Planning Standards Council and the Financial Planning Standards Board Ltd., owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States.
For a complete list of Best Paper Awards that will be awarded at the Academic Research Colloquium, or to register to attend the event, visit www.CenterforFinancialPlanning.org/ARC.
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ABOUT CFP BOARD
The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® professionals and other stakeholders. CFP Board owns the certification marks CFP®, Certified Financial Planner™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 76,000 individuals to use these marks in the U.S. For more information about CFP Board, visit www.CFP.net.
ABOUT the CFP BOARD CENTER FOR FINANCIAL PLANNING
The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together CFP® professionals, firms, educators, researchers and experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that offers opportunities for conducting and publishing new research that adds to the financial planning body of knowledge. More about the Center and its initiatives can be found at www.CenterforFinancialPlanning.org.
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SOURCE Certified Financial Planner Board of Standards, Inc.