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2015 Conference

du 15 au 16 October 2015

Orlando, FL

Welcome to the AFS Conference 2015 Schedule App. Please use the search features to see when your session or poster has been scheduled to take place. 

Does financial literacy increase demand for financial planners?

vendredi 16 octobre 2015 à 07:45–08:45 EDT
Scotland C
Keywords: 5 words maximum

financial literacy,financial planners

Very short description for use in the program to help attendees understand more than a title can describe

This paper examines the role financial literacy plays in the demand for a financial planner. The goal is to see whether increased financial literacy increases demand for a financial planner. As people become more financially literate, do they demand financial planners,or, do they become overconfident in their abilities to perform their own financial planning?This is important because current literature looks at the importance of financial literacy related to retirement planning or savings, but not demand for planners. Literature shows that financially literate individuals are more likely to save for retirement. This could increase demand for planners to manage retirement accounts

Lead & Corresponding Author

Lua Augustin, Texas Tech University
Job Title

Additional Authors

Michael Finke, Ph.D., Texas Tech University
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Chargement en cours …