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Financial Planning > Behavioral Finance

Still Looking for New Ideas

By Kara P. Stapleton

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The Financial Planning Association and Janus Capital Group have extended the entry deadline for the annual Financial Frontiers Awards to March 19, 2007. Awards are presented to authors who organize outstanding research papers dealing with the financial services industry, and who “encourage and showcase new ideas and practical solutions for financial advisors and their clients.”

Winning papers are highlighted in the Journal of Financial Planning and winning authors will be eligible to present their concepts at FPA’s 2007 annual conference in Seattle. Additional presentations of winning papers may be scheduled, as well. Up to three first- and second- place awards will be given. The Gold Prize is $20,000 and the Silver prize is $10,000. Additionally, special Judges’ Grants may be awarded to authors of promising papers where further research is warranted.

The 2006 winners were Optimal Withdrawal Strategies for Retirees with Multiple Savings Accounts, by Stephen Horan; Risk Management for the Family: The Desirability of Long-Term Care Insurance, by Joel Gold, John Herald, and David VanderLinden; and Optimal Rebalancing Frequency for Stock-Bond Portfolios, by William Desormeau and David Smith.

For more information about the Financial Frontiers Awards, visit www.FinancialFrontiersAwards.org.