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are co-ordinating 2 additional mini-breakout research rooms where researchers will present additional peer-reviewed, unpublished research selected from the many submissions we received.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.
Can ChatGPT pass the CFP Examinations?
Short Description
Researchers focused on various professions have tested Large Language Models like ChatGPT against the same examinations as students completing their licencing or certification process. In the medical field, ChatGPT was tested against the United States Medical Licensing Exam (USMLE), which consists of three exams and was at or near the passing threshold of 60% accuracy. There are two reasons this research is critical - first, individuals worldwide are using LLMs and it provides a measure of the quality of advice they might receive. Secondly, it provides insights of the degree to which certified financial planners could use these models as a co-pilot to their plannnig process. This research should be undertaken in multiple jurisdictions - USA, Canada, Australia to determine the extent to which jurisdiction specific issues might also impact the quality of advice.