MAY 2025: Fintech
 

MAY25 JFP Cover

 

COVER STORY

The Compliance Risks of Using Generative AI in a Financial Planning Practice 

By Emma I. Foulkes, CFP®, CRPC

As with any nascent innovation, there are risks and benefits to using AI, and financial planners need to do their due diligence.


 


Click HERE to access the DIGITAL EDITION
 

 

CLIENT COMMUNICATION

Harnessing Client Motivation: The Power of Autonomy Support 

By Brendan Pheasant, CFP®, ChFC, and Christina Lynn, Ph.D., CFP®, AFC, CDFA
The type of motivation underpinning a client’s action is a key factor in sustained behavior and optimal outcomes. 
 

FPA NEXT GENERATION PLANNER

Forward Thinking

Planners, Take Care of Yourselves, Too

By Kate Skowronek, CFP®

Lead Article

Beyond Accommodation: Cultivating Workspaces that Champion Neurodivergent Success and Financial Well-Being

By Naomi Hill

Planner Poll

The FPA Community Weighs in on Financial Wellness
 

Planning a STUDY GROUP?  Check out suggested questions and other resources to make your study group a success! 
 

COLUMNS

Succesion Planning

Why Adopting Technology Solutions Is Vital to Succession Planning

By Richard Chen
Successors don’t want to inherit an outdated firm with no prospect for younger generations of clients and advisers. 

Longevity

Can AI Agents Improve Financial Decisions and Conversations?

By Chris Heye, Ph.D.
Most clients will want to interact with a human adviser, but virtual behavioral coaches may support planners and clients in achieving better outcomes.

Fintech

How Advisers Can Leverage AI to Scale Personalization and Strengthen Client Relationships 

By Molly Weiss
Tools once exclusive to large institutions are increasingly accessible to smaller advisers—in some cases, more so. 

Risk Management & Insurance Planning 

AI and Underwriting: Life Insurance and Big Data 

By Anne Jones
Life insurance has been characterized by outdated technology and processes, but modern advances are easing pain points for planners and their clients. 
 

RESEARCH

Dealing with the Aftermath: Understanding Political Sympathy’s Association with Financial Perspectives, Wellness, Efficacy, and Portfolio Actions and How to Help Clients After Major Events 

By Blake Gray, Ph.D., CFP®; Thomas Crandall, CFP®, CFA, CAIA, CMT; and Donovan Sanchez, CFP®
Elections disturb expectations of the future and impact financial plans. This study investigates how an individual’s views of the future change in response to changes in political leadership, whether the individuals act based upon these leadership changes, and if financial attitudes are affected.

Earn one CFP CE® credit by reading this month's Journal and access past exams for additional credits.  


DEPARTMENTS

STARTING THOUGHTS

To Think . . . Like a Human CFP® 

By Danielle Andrus

OBSERVER

Fintech Usage, Fiduciary Planners and Happiness Research, CFP Board Rule Change Proposal 

Stat Bank

Q&A

Advancing the Profession: The FPA Competency Model

JFP ACADEMICS

Upcoming Research

 

IN CASE YOU MISSED IT

Bridging the Adviser-Academic Gap: A Call to Unite Practitioner Preferences with Academic Research

By Donovan Sanchez, CFP®; Megan McCoy, Ph.D., LMFT, AFC, CFT-I; Khurram Naveed, CFA, CFP®; and Blake Gray, Ph.D., CFP®
A strong practitioner–academic partnership is essential to financial planning’s evolution as a profession. Without this partnership, academics risk producing research that does not inform financial planning practice, and practice risks not being evidenced-based. This paper explains existing challenges and offers solutions to help improve communication between financial planning stakeholders. 
 

Click HERE to access Journal of Financial Planning ARCHIVES

 

MAY25 iPad cover image

Digital Edition

Page through the latest digital edition online or through the FPA Publications app with archive access back 10+ years.