National Financial Plan Competition Finalists Revealed

Share Article

The Board of Directors for the International Association of Registered Financial Consultants (IARFC) have determined the top three teams that are moving to the Finals of the IARFC National Financial Plan Competition. These Finals will take place on Thursday, March 21 at the IARFC Annual Conference in Nashville, TN.

If the students were willing to work this hard for a fictional family, rest assured they will become professionals that will work hard to serve their actual clients...Dr. Luke Dean, Utah Valley University.

These finalists look forward to presenting their financial plans:

  •     Rebecca Boyle, University of North Texas - Professor Dave Ragan
  •     Drake Uplinger and Nick Urban, Central Michigan University - Professor Mark Van Voorhees
  •     Kylee Nelson and Bailey Misbach, Utah Valley University - Dr. Luke Dean

According to Dr. Luke Dean from Utah Valley University, “The case study helped create some great learning experiences and opportunities for students both in and out of the classroom, and helped students see how professionals are trying to implement the things they know towards the ultimate goal of helping a family accomplish their goals, hopes, and dreams. I was impressed with the enthusiasm the students showed for a fictional client, and the amount of hours the students put into working on the case, learning the software, and trying to figure out how to best help this fictional family. If the students were willing to work this hard for a fictional family, rest assured they will become professionals that will work hard to serve their actual clients.”

The National Financial Plan Competition is organized through the IARFC for undergraduate students in a curriculum related to Financial Services and supported in part by IARFC members and corporate backers such as 2019 sponsors Money Concepts International and Money Guide Pro.

This competition gives students an exercise in real-world practices – that of analyzing a client’s situation and critically thinking a course of action. In many cases, professors have used this exercise as part of their curriculum. Participants were given a fictional case study of a family and an overview of their financial picture. From that data, teams were asked to produce a financial plan with recommendations for current and future action.

“I really enjoy seeing the creative plans that are entered in the competition,” remarked IARFC Chairman and CEO H. Stephen Bailey, MRFC. “It teaches the students to think like financial consultants. While the entries were on a basic level, they did show promise of qualified professionals for the future.”

The IARFC Annual Conference on March 20-22, includes CE presentations with national speakers, awards banquet, ethics program, and exhibitors. Registration to become a judge for the competition and attend the entire conference can be found on the IARFC website.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Wendy Kennedy
IARFC
+1 (800) 532-9060 Ext: 308
Email >

Susan Cappa
IARFC
(800) 532-9060 306
Email >
Visit website