The Role of Universities in the Development of the Personal Financial Planning Profession

Authors

  • Thomas Warschauer Graduate School of Business Administration, San Diego State University

DOI:

https://doi.org/10.61190/fsr.v11i3.4734

Keywords:

Financial services, Professional education, Personal financial planning

Abstract

I begin this paper with a discussion of the emergence of the personal financial planning profession from its financial services roots. I then provide definitions of financial planning from several points of view . After a review of the reasons for growth in the profession, I examine the relationship between universities and other planning constituents. In particular, I focus on the importance of education and practice standards in the development of the financial planning profession. Much research remains to be conducted to guide the practice of financial planning. I describe the state of the knowledge base for financial decisions, using an example. The paper concludes with a discussion of the role of universities in the fixture of the financial planning profession.

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Published

2002-09-30

How to Cite

Warschauer, T. (2002). The Role of Universities in the Development of the Personal Financial Planning Profession. Financial Services Review, 11(3), 201–216. https://doi.org/10.61190/fsr.v11i3.4734

Issue

Vol. 11 No. 3 (2002): FSR Fall 2002

Section

New Original Submission

License

Copyright (c) 2002 Academy of Financial Services

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