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Annual Meeting 2019

October 15–16, 2019

Minneapolis, Minnesota, USA

You can search on your name to find your session(s) and date and time scheduled. ONLY the LEAD and CORRESPONDING AUTHOR is searchable. As the lead author, you are responsible to communicate the date and time of the session to your co-authors. You must confirm your placement in the Google Sheet that was emailed to you. Registration will open soon, and additional information about the conference will be entered on the AFS website as soon as it is available.

A1 Investments

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
201 A

Lead & Corresponding Author

A1a An Empirical Analysis of the S&P 500 Sector Dogs Trading Strategy

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
201 A

Lead & Corresponding Author

Brett D. Cotten, Columbus State University

Additional Authors

Autumn Wilson, Columbus State University
O. Alan Tidwell, University of Alabama

A1b The Historical Record on Active vs. Passive Mutual Fund Performance

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
201 A

Lead & Corresponding Author

David Nanigian, California State University, Fullerton

A2a Can student debt lead to bankruptcy?

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
201 B

Lead & Corresponding Author

Thomas O'Malley, University of Colorado Colorado Springs (UCCS) College of Business

Additional Authors

Brian Payne, University of Colorado Colorado Springs (UCCS) College of Business

A2b The Impact of Student Loans on Homeownership

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
201 B

Lead & Corresponding Author

Wendy Usrey, Colorado State University and Kansas State University

Additional Authors

Stuart Heckman, Kansas State University

A3a Does Willingness to Take Risk Mediate the Role of a Financial Planner When Clients Make Portfolio Allocation Decisions?

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
202 AB

Lead & Corresponding Author

Danah Jeong, University of Georgia

A3b The Historical Performance of Equal-Weighted Indexes and ETF’s

Tuesday, October 15, 2019 at 9:00 AM–9:50 AM CDT
202 AB

Lead & Corresponding Author

S. Gowri Shankar, University of Washington Bothell

Additional Authors

James Miller, University of Washington Bothell

B1 Behavioral Finance

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
201 A

Lead & Corresponding Author

B1a Using Behavioral Prompts to Improve Saving and Investment Decisions

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
201 A

Lead & Corresponding Author

Vickie Bajtelsmit, Colorado State University

Additional Authors

Jennifer Coats, Colorado State University

B1b Why Financial Planner Should Know Clients’ Psychological Factor Even in a Same Job: An Exploratory Study About Farmers

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
201 A

Lead & Corresponding Author

Wookjae Heo, South Dakota State University

Additional Authors

Narang Park, University of Georgia
Jae Min Lee, Minnesota State University, Mankato

B2a Cross Country Differences in the Profitability from Technical Analysis Strategies

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
201 B

Lead & Corresponding Author

Jasmine Fang, Massey University

Additional Authors

Ben Jacobsen, TIAS Business School

B2b Kiwisaver: The First Ten Years

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
201 B

Lead & Corresponding Author

Claire Matthews, Massey Business School

B3b Financial Elder Abuse: A (Dis)confirmatory Analysis

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
202 AB

Lead & Corresponding Author

Steven Lee, The American College of Financial Services

F1b Slow and Steady Wins the Race: The Impact of Chasing Returns on Quartile Rankings

Tuesday, October 15, 2019 at 10:30 AM–11:20 AM CDT
202 AB

Lead & Corresponding Author

Rama Malladi, CSUDH

Additional Authors

Jennifer Brodmann, California State University, Dominguez Hills

C1 Insurances Issues

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
201 A

Lead & Corresponding Author

C1a Associations of Personality Traits and Life Insurance Ownership Among Elderly Americans

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
201 A

Lead & Corresponding Author

Preston Cherry, Texas Tech University

C1b Gender Differences in Life Insurance Use: Evidence from the 2016 Survey of Consumer Finances

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
201 A

Lead & Corresponding Author

Travis P. Mountain, Virginia Tech

Additional Authors

Patti Fisher, Virginia Tech

C2a Do Sophisticated Investors Have Higher Levels of Personal Financial Wellness?

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
201 B

Lead & Corresponding Author

Colleen Tokar Asaad, Baldwin Wallace University

C2b Underlying Dynamics in Life Satisfaction: Finite Mixture Model of Psycho-behavioral Characteristics and Health Risk Behaviors

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
201 B

Lead & Corresponding Author

Jae Min Lee, Minnesota State University, Mankato

Additional Authors

Wookjae Heo, South Dakota State University
Narang Park, University of Georgia

C3a Debt Load Among College Students

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
202 AB

Lead & Corresponding Author

Stephanie Yates, UAB

C3b The Effect of Household Student Debt on Life Satisfaction

Tuesday, October 15, 2019 at 11:30 AM–12:20 PM CDT
202 AB

Lead & Corresponding Author

Thomas Korankye, Texas Tech University and Kumasi Technical University-Ghana

Additional Authors

Charlene Kalenkoski, Texas Tech University

D1 Investment Issues

Tuesday, October 15, 2019 at 2:30 PM–3:20 PM CDT
201 A

Lead & Corresponding Author

D1a Information Illusion: Placebic Information and Stock Price Estimates

Tuesday, October 15, 2019 at 2:30 PM–3:20 PM CDT
201 A

Lead & Corresponding Author

Andreas Oehler, Bamberg University

Additional Authors

Matthias Horn, Bamberg University
Stefan Wendt, School of Business, Reykjavik University

D1b Moderation of Confidence Level on the Impact of Investment Risk Tolerance on Portfolio Risk

Tuesday, October 15, 2019 at 2:30 PM–3:20 PM CDT
201 A

Lead & Corresponding Author

Zheying Yao, University of Missouri - Columbia

Additional Authors

Abed Rabbani, PhD, University of Missouri

D3a Brawl at the Gates: How DLT is Transforming the Financial Services Sector

Tuesday, October 15, 2019 at 2:30 PM–3:20 PM CDT
202 AB

Lead & Corresponding Author

Mieszko Mazur, IESEG School of Management

D3b Day-of-the-Week Effects in Virtual Currency Markets: Evidence from Bitcoin

Tuesday, October 15, 2019 at 2:30 PM–3:20 PM CDT
202 AB

Lead & Corresponding Author

Imtiaz Mazumder, St. Ambrose University

HSBC Best Papers

Tuesday, October 15, 2019 at 3:30 PM–4:20 PM CDT
201 A

Lead & Corresponding Author

P101 Estimating Test-Retest Reliability Scores for Financial Risk-Taking Questionnaires

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

John Grable, University of Georgia

P102 Does Seeking Financial Help Moderate the Association Between Past Trauma and Financial Planning Decisions of Households: Evidence from a National Study

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Youngjoo Choung, University of Georgia

Additional Authors

Swarn Chatterjee, University of Georgia
Lu Fan, University of Missouri - Columbia

P103 Examining the Alternative Financial Service Use among Millennials Using the Information-Motivation-Behavioral Skills Model

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Narang Park, University of Georgia

Additional Authors

Lu Fan, University of Missouri - Columbia

P104 Financial Well-Being of Vulnerable Populations

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Marty Cotwright, University of Georgia

Additional Authors

Seongsu Kim, University of Georgia
Swarn Chatterjee, University of Georgia

P105 Precautionary Savings Behaviour and Borrowing for Health Shocks among Saudi Arabians

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Eiman Osseilan, Texas Tech University

P106 Psychological resources and financial stress response

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Narang Park, University of Georgia

Additional Authors

Wookjae Heo, South Dakota State University
Jae Min Lee, Minnesota State University, Mankato

P107 The Impact of Social Support on Financial Satisfaction for Senior Couples

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Liqin (Ellen) Shen, Texas Tech University

Additional Authors

Blake Gray, Texas Tech University
Sarah Asebedo, Texas Tech University

P108 The Relationship Between Household Agreement and Financial Satisfaction

Tuesday, October 15, 2019 at 4:30 PM–6:00 PM CDT
205 AB

Lead & Corresponding Author

Blake Thomas Gray, Texas Tech University

Additional Authors

Sarah Asebedo, Texas Tech University
Yi Liu, Texas Tech University

E1a Focusing on Both Sides of the Balance Sheet: The Benefit of Liability Optimization

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
201 A

Lead & Corresponding Author

Zhikun Liu, Great-West Financial®

Additional Authors

David Blanchett, Morningstar Investment Management

E1b Career and Education Choice as Central Elements of Long-Term Financial Planning

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
201 A

Lead & Corresponding Author

Inga Chira, California State University Northridge

Additional Authors

Dr Nikanor Volkov, Mercer University

E2a Do Misleading Financial Advisor Credentials Actually Mislead Investors?

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
201 B

Lead & Corresponding Author

Patrick Lach, Lach Financial

Additional Authors

Michael Breazeale, Mississippi State University

E2b Financial Designations: Can they be Gateways to Financial Planning Education?

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
201 B

Lead & Corresponding Author

Aman Sunder, College for Financial Planning

Additional Authors

Jim Pasztor, College for Financial Planning
Rebecca Henderson, College for Financial Planning
David Mannaioni, College for Financial Planning

E3a Exploring the Use of Active Learning to Increase Financial Planning Students’ Confidence and Capability

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
202 AB

Lead & Corresponding Author

Kenneth White, Jr, University of Georgia

Additional Authors

Kimberly Watkins, University of Alabama
Michael Thomas, University of Georgia
Lance Palmer, University of Georgia

E3b The Relationship between Personality Traits and Stock Investment Decisions as Mediated by Financial Risk Preference

Wednesday, October 16, 2019 at 10:45 AM–11:45 AM CDT
202 AB

Lead & Corresponding Author

Yi Liu, Texas Tech University

Additional Authors

Sarah Asebedo, Texas Tech University

B3a Charitable Giving by Married Couples: A Household Bargaining Explanation

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
201 A

Lead & Corresponding Author

Yi Liu, Texas Tech University

Additional Authors

Russell N James, III, Texas Tech University

F1a Are Optimistic Investors Smarter and Alone?

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
201 A

Lead & Corresponding Author

Andrew Scott, Saint Mary's University of Minnesota

Additional Authors

Wendy Usrey, BS, MA, Colorado State University and Kansas State University
Shane Enete, Biola University and Kansas State University
Miranda Reiter, Kansas State University
Martin Seay, Kansas State University

F2a Is Household’s Risk Perception a determinant of a Household’s Portfolio Choices? Evidence from the 2012 Wave of Health and Retirement Study

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
201 B

Lead & Corresponding Author

Xianwu Zhang, John Carroll University

Additional Authors

Charlene Kalenkoski, Texas Tech University

F2b Student-Loan Debt and Philanthropic Behavior of the Household

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
201 B

Lead & Corresponding Author

Thomas Korankye, Texas Tech University and Kumasi Technical University

F3a Modern Portfolio Theory and the Efficient Markets Hypothesis: How Well Did They Serve Canada’s Baby-boom Generation?

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
202 AB

Lead & Corresponding Author

Jim Fischer, Mount Royal University

F3b Perceived versus Actual Investor Sophistication; A Behavioral Study

Wednesday, October 16, 2019 at 1:45 PM–2:45 PM CDT
202 AB

Lead & Corresponding Author

Stuart Michelson, Stetson University

G1a Fundamental Analysis versus Technical Analysis: Which Matters More?

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
201 A

Lead & Corresponding Author

Leon Li, University of Waikato

G1b The Complex Gets More So; Another Variable of Interest for Equity Index Annuities

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
201 A

Lead & Corresponding Author

Steve Fraser, Florida Gulf Coast University

Additional Authors

Brian Payne, University of Colorado in Colorado Springs

G2a Automated Portfolio Rebalancing: Automatic Erosion of Investment Performance?

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
201 B

Lead & Corresponding Author

Matthias Horn, Bamberg University

Additional Authors

Andreas Oehler, Bamberg University

G2b The Alpha and Omega of Financial Risk-Tolerance Assessment

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
201 B

Lead & Corresponding Author

Wookjae Heo, South Dakota State University

Additional Authors

John Grable, University of Georgia
Michael Roszkowski, Michael Roszkowski Consulting
Abed Rabbani, PhD, University of Missouri

G3a FPA Forum Analysis - What Do Advisors Need the Most from the Community

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
202 AB

Lead & Corresponding Author

Yuanshan Cheng, Winthrop University

Additional Authors

Philip Gibson, Winthrop University

G3b Work-Life Balance and Burnout Among Women in Financial Planning

Wednesday, October 16, 2019 at 3:30 PM–4:30 PM CDT
202 AB

Lead & Corresponding Author

Aman Sunder, College for Financial Planning

Additional Authors

Cindy Riecke, College for Financial Planning
Jennifer Lehman, University of Utah/ College for Financial Planning
Rebecca Henderson, College for Financial Planning

H1a Life Insurance Ownership – A Perspective from Relationship Quality

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
201 A

Lead & Corresponding Author

Yuanshan Cheng, Winthrop University

Additional Authors

Philip Gibson, Winthrop University
Tao Guo, William Paterson University

H1b What Are the Determinants of Purchasing Life Insurance Among Older Americans?

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
201 A

Lead & Corresponding Author

Hossein Salehi, Texas Tech

Additional Authors

Charlene Kalenkoski, Texas Tech University

H2a Does Risk Aversion Influence Annuity Market Participation?

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
201 B

Lead & Corresponding Author

Yi Liu, Texas Tech University

Additional Authors

Michael Guillemette, Texas Tech University

H2b The Role of Risk Tolerance As a Mediator Between Family Income and Smoking and Drinking Behavior

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
201 B

Lead & Corresponding Author

Eun Jin Kwak, University of Gerogia

Additional Authors

John Grable, University of Georgia

H3a Radicalization of Financial Literacy

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
202 AB

Lead & Corresponding Author

Steven T. Syrmopoulos, Northern Arizona University

Additional Authors

Angela Roe, UNKNOWN

H3b The Financial Behavior of Leisure Vehicle Owners

Wednesday, October 16, 2019 at 4:45 PM–5:45 PM CDT
202 AB

Lead & Corresponding Author

Andrew Scott, Saint Mary's University of Minnesota

Additional Authors

Stuart J Heckman, Kansas State University
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