The Financial Planning Association® (FPA®), Ameriprise Financial and CFP Board are pleased to host the 2016 Financial Planning Challenge.
This distinctive competition is designed exclusively for undergraduate degree programs registered with CFP Board. In this challenge, teams compete to advance through three phases:
Written Financial Planning Case Study
Financial Planning Case Study Presentation
"How Do You Know?" Challenge, a game-show style financial planning knowledge contest
In the first phase of the competition all student teams will be given profiles for two hypothetical clients and must prepare a comprehensive financial plan.
After the first phase is judged and awarded, the top eight teams will advance to the next phases of the competition to be held in conjunction with FPA BE: Baltimore 2016, September 14-16, 2016.
All teams must orally present their case studies to a panel of judges and participate in the "How Do You Know?" Challenge.
The top three winning teams will be awarded a monetary scholarship for their school.
Judges will be selected by each presenting organization and will assess student teams on demonstrating the CFP Board Financial Plan Development Course requirement.
Teams may consist of up to three undergraduate students. Students may not participate in more than one team.
All participating students must be enrolled in an undergraduate degree program registered with CFP Board as of May 1.
Students considered graduate students by their school may not participate.
Each team must be represented by an Academic Advisor.
Students are prohibited from seeking advice from professionals or from persons not participating in the challenge.
Limit one team per school.
2016 Competition Timeline
May 16 - Team Registration
May 16 – Phase 1 Case Submission Deadline
July 15 – Top 8 Student Teams Announced
July 29 – Academic Advisor Conference Call
Sept TBD – Onsite Orientation
Sept TBD – Phase 2: Financial Planning Case Study Oral Presentations
Sept TBD – Phase 3: "How Do You Know?" Challenge
September 14-16 – Students Participate in Annual Conference Networking and Learning Opportunities
Financial Planning Challenge 2016 Registration Form (Due May 16)
Financial Planning Challenge 2016 Guidelines
Phase 1: Written Financial Planning Case Study
Phase 1: Case Grading Rubric
Phase 2: Presentation Grading Rubric
1st place team overall: $10,000 scholarship for their school, plus one hour of Career Coaching from Caleb Brown at New Planner Recruiting. In addition, the members of the winning team will receive a full scholarship to FPA's highly acclaimed Residency Program.
2nd place team overall: $5,000 scholarship for their school
3rd place team overall: $1,000 scholarship for their school
New in 2016: Ameriprise Financial is excited to host the top three teams at the 2017 Registered Program Conference. While at the conference, teams will present their case to faculty and firms.
Congratulations to the 2015 FPC Winners
Kansas State University
University of Akron
Utah Valley University
Hannah Rice, Cole Foster, Mariah Bausch
Advisor: L. Ann Coulson, Ph.D., CFP®
Cinara Foor, James Dawson, Aaron Gates
Advisor: Suzanne Gradisher, JD, MBA, MTax
Lauren Loucks, Kevin Michels, Mark Whitaker
Advisor: Hyrum Smith, Ph.D., CFP®
Thank you to the 2015 Judges: Peggy Doviak, Ph.D., CFP®; Kristine Beck, Ph.D.; Matt Jorgensen, CFP®; David Bresler, CFP®, CRPC®; Andrew Head, CFP®; Kim Selby, CFP®
2014 Financial Planning Challenge Finalists:
First Place: University of Akron
Second Place: Utah Valley University
Third Place: William Paterson University