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are co-ordinating 2 additional mini-breakout research rooms where researchers will present additional peer-reviewed, unpublished research selected from the many submissions we received.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.
Personality and Psychological Well-being: The Moderation Effect of Financial Responsibility
Short Description
This study seeks to address this gap by investigating how the five major personality traits, namely openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism, are associated with psychological well-being. Additionally, this study explores the moderating effect of adopting full financial responsibility on these relationships. The results indicate that all five personality traits are significantly related to psychological well-being. Specifically, openness to experience, conscientiousness, extraversion, and agreeableness are positively associated with psychological well-being, whereas neuroticism is negatively associated. Interestingly, the study finds that taking full financial responsibility weakens the positive relationship between conscientiousness and psychological well-being. These findings suggest that while personality traits are key predictors of psychological well-being, financial responsibility plays a complex and significant role in this dynamic.