The long-standing tradition of the Journal of Financial Planning to provide groundbreaking research for practitioner use in real-life planning with clients began four decades ago with the foresight of Henry Montgomery and Tom Warschauer. The late Montgomery, a CFP® certificant and decorated WWII Army veteran, is largely credited with creation of what is now known as the Journal of Financial Planning.
Warschauer, Ph.D., CFP®, professor of finance at San Diego State University, served as the Journal’s first academic editor and continues to champion the effort to align scholarly research and practitioner needs to foster the greatest collaboration of talents in the field.
These two pillars of financial planning’s evolution embody the mission of the Journal of Financial Planning—to expand the body of knowledge in the financial planning profession. This award will be chosen annually by the Journal to honor the paper that provided the most outstanding contribution to the betterment of the profession in the preceding year.
- Wade D. Pfau, Ph.D., CFA, who holds a doctorate in economics from Princeton University, and is a professor of retirement income at The American College, for his May 2011 Journal paper “Safe Savings Rates: A New Approach to Retirement Planning over the Life Cycle”
- Michael Finke, Ph.D., CFP®, and Thomas Langdon, J.D., LL.M., CFP®, CFA, for their July 2012 Journal paper, “The Impact of the Broker-Dealer Fiduciary Standard on Financial Advice,” published in the July 2012 issue of the Journal. Finke is an associate professor at Texas Tech, and Langdon is a professor at Roger Williams University and a Journal columnist.
- Michael Finke, Ph.D., CFP®; Wade D. Pfau, Ph.D., CFA; and David M. Blanchett, CFP®, CFA for their June 2013 Journal paper "The 4 Percent Rule Is Not Safe in a Low-Yield World."
- David M. Blanchett, CFP®, CFA, for his May 2014 paper "Exploring the Retirement Consumption Puzzle."
- Sarah D. Asebedo, CFP® and Martin C. Seay, Ph.D., CFP® for their November 2015 paper, "From Functioning to Flourishing: Applying Positive Psychology to Financial Planning."
- Greg Geisler, Ph.D., for his January 2016 paper "Could a Health Savings Account Be Better than an Employer-Matched 401(k)?"
- Derek R. Lawson, CFP®; and Bradley T. Klontz, Psy.D., CFP®, for their July 2017 paper "Integrating Behavioral Finance, Financial Psychology, and Financial Therapy into the 6-Step Financial Planning Process."
- David M. Blanchett, Ph.D., CFA, CFP®, for his September 2018 paper "The Impact of Retirement Age Uncertainty on Retirement Outcomes."
- Samantha Lamas, Ryan O. Murphy, Ph.D. and Ray Sin, Ph.D., their July 2019 paper “Goals-Based Financial Planning: How Simple Lists Can Overcome Cognitive Blind Spots.”
Submit Your Paper Today
All submissions published in the Journal in 2020 will be considered for the Montgomery-Warschauer Award. You’ll find writing and submission guidelines HERE. Submit your original financial planning research to Ana Limon. As the impact of the work of Wade Pfau, Michael Finke, David Blanchett, Sarah Asebedo and Martin Seay demonstrate, there is no better venue through which to influence the way financial planning is practiced and financial planning clients are served, than the Journal of Financial Planning.