The Academy of Financial Services (AFS) is excited to be collaborating with FPA to provide an "integrated conference experience" for AFS members this year. The AFS research conference will run for the full 2.5 days of the FPA Conference as part of a dedicated research track bringing the best of AFS and the Journal of Financial Planning (JFP) to you.
- A dedicated Research Room for presentations designed to bring the most relevant research impacting professional financial planners. This includes research sessions sponsored by the JFP and peer-reviewed research papers presented by AFS members. These sessions are CE credit approved.
- The winner of the JFP's Montgomery-Warschauer Award for best research from the prior year will present their research.
- In the Research Room AFS will coordinate other research content such as a panel discussion with the editors of the 4 major FP research journals explaining to planners and academics the type of research content to be found, how to best consume/digest research and apply it to a FP practice and more.
- A new FP Research Shark Tank. Based on the format of the popular TV series a select number of researchers will do 5 minute "pitches" on research that they believe would be significantly impactful for practitioners. Planners and researchers will then vote on the most exciting research proposal.
- AFS are co-ordinating 2 additional mini-breakout research rooms where researchers will present additional peer-reviewed, unpublished research selected from the many submissions we received. A timetable of these sessions can be found below.
- AFS will manage the research rooms for fully-hybrid attendance with face-to-face or virtual attendance. Although the content will be exceptional, we hope to see many of you in person as the networking, exhibit hall, FPA keynote speakers and other sessions outside of the research cannot be experienced any other way.
Financial Stress, Financial Anxiety, and Intergenerational Wealth Transfers: Impacts of Gifts and Inheritances on Financial Well-Being
Short Description
Financial stressors are common to many Americans, and can result in depression, anxiety, and even poor health outcomes. In addition to financial stress, financial anxiety is also a common phenomenon. Those who experience high levels of anxiety may become debilitated and experience physiological changes. The financial planning literature has not generally examined intergenerational wealth transfers as coping mechanisms to deal with stress and anxiety. This study used the ABC-X model of stress and coping and the 2021 National Financial Capability Study to examine whether intergenerational wealth transfers serve as a protective measure against financial stressors, stress, and anxiety. We observed a positive association between financial stressors and intergenerational wealth transfers. We also observed a positive association between financial anxiety and intergenerational wealth transfers. Implications of the results include supporting the notion that family dynamics and the psychological effects surrounding an intergenerational transfer of wealth may be more complicated than expected.
Upload a BLIND copy in Word Document format. Ensure all authors names are removed from the submission. Use the Paper Name + BLIND as the name of the file.
Lead & Corresponding Author
Kenneth John White, Jr, Ph.D., Univeristy of Arizona
Email Address
Names of authors in order
Kenneth White, Tim Todd, Kristy Archuleta