Kansas State University

The Kansas State University Institute for Personal Financial Planning has recently established an advisory board of local, regional and national practitioners in the personal financial planning field. The purpose of the advisory board will be to:

• Promote the name and mission of the IPFP Program consistent with the University’s initiatives,
• Assist PFP faculty and staff in furthering the goals and mission of the undergraduate, graduate, certificate and doctoral curricula,
• Support and represent the interests of the IPFP program through student recruitment, student internships and industry trends,
• Connect IPFP faculty and students with the surrounding professional community,
• Connect IPFP alumni with the program and maintain engagement,
• Enhance the visibility of the IPFP program throughout Kansas and nationally.

In addition to IPFP faculty members, the board is comprised of Amy Guerich, chairperson, (Stepp & Rothwell, Kansas City);  Jamie Bosse, CFP® (KHC Wealth Management, Kansas City); Jeff Bratz, CFP®, (HJN Advisors, LLP, Des Moines, IA); Jayson Cyr, CPA (Manhattan, KS); Eli Sallman, CFP®, AFIM® (The Trust Company, Manhattan, KS); Larie Schoap (ESB Trust, Manhattan, KS); Marc Shaffer, AIF®, CFP®, EA (Searcy Financial Services, Kansas City); and Jamel Wilcox (K-State Credit Union, Manhattan, KS).

Martin Seay, Ph.D., CFP®, assistant professor of personal financial planning, and Elizabeth Kiss, Ph.D., assistant professor and Extension specialist in family resource management, collaborated on a fact sheet and teaching guide about reverse mortgages to help consumers understand the three ways to get cash from their home; understand the difference between forward mortgages, reverse mortgages and home equity loans; know what factors to consider when evaluating a reverse mortgage; and become familiar with the product features, eligibility requirements, costs, available loan amounts and borrower obligations of the Home Equity Conversion Mortgage (HECM), the most common reverse mortgage product. Continue reading “New online resource available: Understanding Reverse Mortgages: Do They Make Sense for You?” →

George Nabeshima, Ph.D., CFP®, CLU®, ChFC®, successfully defended his dissertation during the summer. It was titled “Three Essays on Personality and Net Worth.”

The dissertation consisted of three studies exploring the relationship between personality and wealth related variables. All three utilized data from the 2010 panel of the Health and Retirement Study (HRS).

The first study applied linear regression to examine the relationship between personality traits and net worth. Linear regression results identified the extroversion and conscientiousness traits as being positively associated with net worth. Furthermore, the agreeableness trait was negatively associated with net worth. Continue reading “Recent PFP doctoral graduates: George Nabeshima, Scott Spann” →

K-State has sent a team of undergraduates to the finals of the national financial planning competition every year since its inception 11 years ago, and 2014 was no exception.

Coached by Assistant Professor Ann Coulson, Ph.D., CFP®, this year’s elite eight team was comprised of PFP seniors Matt Munoz and Kathleen Adams, who competed in a Quiz Bowl Challenge and Financial Plan Presentation at the annual Financial Planning Competition in Seattle, WA.

The competition was sponsored by Ameriprise Financial, the CFP Board and FPA.

Nicholas A. Carr, Ph.D., CIMA®, a 2014 spring semester doctoral graduate, and a team of doctoral students led by Assistant Professor Martin C. Seay, Ph.D., CFP®, received best research paper awards at the Financial Planning Association’s (FPA) Annual Conference in Seattle, Washington, several weeks ago.

Continue reading “PFP doctoral program receives prestigious research awards at Financial Planning Association Conference” →

Financial support of PFP students can make a big difference in their lives and professional development. It is our pleasure to highlight the story of a recent graduate, Sam Honey, who benefited greatly from the generous support of our alumni and friends. Honey received funding to become a member of NAPFA and attend the national NAPFA conference and FPA national conference. The spring 2014 graduate works in financial planning in St. Louis.

Here’s his story:

As a student, I viewed conferences solely as an opportunity to find work or to form connections with professionals, which would ultimately lead to work opportunities. Gratefully, that did happen to me… eventually. In reflection, conferences did much more than that. I received exposure to a profession and culture which I could hardly learn about in the classroom. Conferences helped me craft a vision for my future career and made it much easier for me to identify the firm that I wanted to work for. Without the support of many people, these opportunities would not have been available to me. I hope that future students have the same (and even greater) opportunities that I had as a student.

As you read in Sam Honey’s story, exposure to the culture and the industry would not have been possible without the help of our donors.

To explore ways to give to the program, contact Dana Hunter, development officer for the College of Human Ecology, at the Kansas State University Foundation, 2323 Anderson Ave., Suite 500, Manhattan, KS 66502, danah@found.ksu.edu or 800-432-1578. You can also give online. We thank you for your past loyal and generous contributions to Kansas State University and Personal Financial Planning.

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