News Release
FOR IMMEDIATE RELEASE
DATE: Feb. 21, 2013
CONTACT: Sydney O’Drobinak, sydney.odrobinak@ttu.edu
(806) 742-2136
Two Personal Financial Planning Students Win First Place at National Competition
Two students from the Texas Tech University Personal Financial Planning Department won first place and a $5,000 scholarship at the 2013 Foundation for Financial Service Professionals (FSP) Industry Issue Competition at the Arizona Institute.
Tyler Chaney and David Wilder, both graduate students at Texas Tech, were chosen by a panel of judges through a blind review process as one of the top three teams to advance to the final oral round of the competition based on their written solution to a critical industry issue, which was previously submitted in October.
The title of this year’s issue was “Which Way to Go? Best Practices in Identifying and Evaluating Specific Careers in the Financial Services Profession.” Chaney and Wilder chose to evaluate three professions: a life insurance company actuary, a fee-based certified financial planner and an advanced life insurance professional.
“I think the judges enjoyed the way Tyler and David conducted in-depth research on the professions within the financial services industry,” said John Gilliam, associate professor in the Department of Personal Financial Planning. “They also did a great job presenting their paper in an articulate and professional presentation on a very broad industry.”
The judging panel, which was selected among experienced practitioners and members of the FSP society, announced Chaney and Wilder as the winners of the $5,000 scholarship at a reception following the oral presentations. This money will go to the Texas Tech Personal Financial Planning Department.
The University of Missouri at St. Louis received second place and a $3,000 scholarship. William Paterson University, whose faculty advisor, Lukas Dean, received his doctorate in Personal Financial Planning from Texas Tech, received third place and a $2,000 scholarship.
Texas Tech had entered two teams into the competition; however, due to the rules established by the FSP, only one team per university could compete in the final oral competition. As a result, the second team, which consisted of graduate students Whitney Neal, Candace Sholz and Kasey Tarantino, received honorable mention for its submitted paper.
This is the second consecutive year Texas Tech has placed in the top three teams at the Industry Issue Competition.
Find Texas Tech news, experts and story ideas at www.media.ttu.edu and on Twitter @TexasTechMedia.
CONTACT: John Gilliam, associate professor, Department of Personal Financial Planning, Texas Tech University, (806) 742-5050, or john.gilliam@ttu.edu.
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