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Skip Navigation LinksOneFPA > About > Press Room > Sarah D. Asebedo, CFP® and Martin C. Seay, Ph.D., CFP® to Receive the 2016 Montgomery-Warschauer Award

​​DENVER - The Financial Planning Association® (FPA®) is pleased to announce the recipients of the 2016 Montgomery-Warschauer Award are Sarah D. Asebedo, CFP® and Martin C. Seay, Ph.D., CFP® for their November 2015 Journal of Financial Planning article, "From Functioning to Flourishing: Applying Positive Psychology to Financial Planning."


Now in its fifth year, the Montgomery-Warschauer Award honors the paper published in the Journal of Financial Planning that provided the most outstanding contribution to the betterment of the profession in the preceding year. This award was named for the late Henry Montgomery, who helped create the Journal, and Tom Warschauer, the Journal's first academic editor.


Winners are selected based on nominations by the Journal's editorial staff, including the practitioner editor and academic editor, along with the votes of the Journal's Editorial Advisory Board. The award will be presented to Asebedo and Seay at FPA Annual Conference – BE Baltimore 2016 – Sept. 14-16, 2016.


The paper authored by Asebedo and Seay introduces positive psychology, illustrates how it overlaps with financial planning, and provides specific scientifically based tools and resources that financial planners can use to integrate positive psychology into their practice. With financial planning having evolved from helping clients function financially to helping clients improve their well-being and quality of life, positive psychology has had a similar evolution over the past decade to explore how people can optimize their well-being to thrive, prosper, and flourish in life.


"Asebedo and Seay have made an enormous contribution to our profession by adapting the perspectives of positive psychology to the practice of financial planning," says Dave Yeske, DBA, CFP®, a principal of Yeske Buie and Journal of Financial Planning Practitioner Editor. "These two talented academics have convincingly demonstrated that the empirically validated tools of positive psychology can be used to help financial planning clients foster a more optimistic mindset, along with greater mental and emotional resilience, all of which helps them to not just function but actually flourish in the face of financially challenging life events. This is one more important step in building a more scientific foundation under the financial planning profession's body of knowledge."


Sarah Asebedo, CFP®, is an Assistant Professor of Practice in Financial Planning with Virginia Tech, a Doctoral Candidate in Personal Financial Planning through Kansas State University, and will be joining the Texas Tech Personal Financial Planning faculty as an Assistant Professor in Sept. 2016. With 11 years of practitioner experience, her goal is to connect research and practice with a focus on the relationship between psychological attributes, financial conflicts, and financial behavior. Her work has been published in the Journal of Financial Planning, Journal of Financial Therapy, Journal of Financial Counseling and Planning, and Financial Planning Review. Asebedo currently serves as President-Elect and board member for the Financial Therapy Association.


Martin Seay, Ph.D., CFP®, is an Assistant Professor of Personal Financial Planning at Kansas State University. His research focuses on borrowing decisions, how psychological characteristics shape financial behavior, and methodology in financial planning research. His work has been published in the Journal of Financial Planning, Journal of Financial Counseling and Planning, Journal of Financial Services Professionals, and Journal of Financial Therapy among others. Dr. Seay currently serves on the editorial review board for the Journal of Financial Planning and the Journal of Financial Therapy, as well as serving as the Vice President of Communications for the Academy of Financial Services and co-host of FPA's Theory in Practice Knowledge Circle. He received his Ph.D. in Housing and Consumer Economics with an emphasis in Personal Financial Planning from the University of Georgia.


"The Asebedo-Seay paper has made a major contribution to the financial planning profession," says Barbara O'Neill, Ph.D., CFP®, CRPC, AFC, CHC, CFEd, Distinguished Professor at the Rutgers University School of Environmental and Biological Sciences and Journal of Financial Planning Academic Editor. "As increasing numbers of financial planners incorporate soft skills and a life planning perspective into their practices, this paper describes how to apply the principles of positive psychology to help improve their clients' well-being. The paper includes evidence-based tools and resources of value to practitioners and client case studies that illustrate the application of its content. I expect that this paper will be cited frequently in years to come."


Asebedo and Seay will present the award-winning research at the FPA Annual Conference—BE Baltimore 2016 at 3:20 p.m. on Wednesday, Sept. 14. FPA will also make a $1,000 donation to the university or charity of their choice with Asebedo and Seay choosing to split the donation between Kansas State University and Texas Tech University.




About the Financial Planning Association


The Financial Planning Association® (FPA®) is the principal professional organization for CERTIFIED FINANCIAL PLANNERTM (CFP®) professionals, educators, financial services professionals and students who seek advancement in a growing, dynamic profession. Through a collaborative effort to provide more than 24,000 members with One ConnectionTM to tools and resources for professional education, business success, advocacy and community, FPA is the indispensable force in the advancement of today's CFP® professional. Learn more about FPA at and follow on Twitter at​