Personal Financial Planning
Dr. Ozzy Akay
Phone | 806.742.5050 X 471
Office | HS 252
Classes Taught: Asset Management (PFP 3376, 5362)
Research Interests: Individual investor behavior, stock analyst recommendations, insider trading
Experience: Dr. Akay joined the PFP faculty in 2008 after he received his Ph.D. in finance at Texas Tech. He taught undergraduate and graduate level courses in finance.
Leadership / Awards Texas Tech University: FMA Doctoral Consortium Participant (by invitation), 2007 • Summer Dissertation Award, TTU Graduate School, 2007 • TTU Rawls Doctoral Scholarship, 2007
Recent Publications: Akay, Ozzy, Mark D. Griffiths and Drew B. Winters, 2008, An Examination of Two Competing Hypotheses for the Demand for Lottery Tickets, Journal of Gambling Business and Economics 2 (1), 77–102.
Robert E. Barnhill, III, JD, CPA/PFS, CFP®
Phone | 806.742.5050 x 472
Office | HS 234B
Classes Taught: Individual Tax Planning Topics – PFP 3350 & PFP 5350
Research Interest: Fiduciary Income Taxation; Estate and Gift Taxation Experience: Licensed attorney and CPA for over 30 years; Licensed CFP for over 20 years. Robert has taught at Texas Tech University since 1986. Robert is an author of six books covering the estate, retirement and individual tax areas. He conducts eighty continuing education courses each year and has conducted a course in 48 states.
Leadership / Awards Texas Tech University: 1996-97 International President of Toastmasters International. Robert has been recognized as one of only 58 Accredited Speakers in the world by Toastmasters International. Robert is a past President of the West Texas Chapter of the Financial Planning Association.
Recent Publications: Update of “Understanding Estate and Gift Taxation”, “Accounting for Estates and Trusts”, and “Fiduciary Income Tax Workshop.
Dr. Dorothy Bagwell Durband, AFC
Director, Red to Black®
Phone | 806.742.3060 x 234
Office | HS 271C
Classes Taught: PFP 3330 Communication and Counseling Skills in Financial Planning, PFP 5377 Client Communication and Counseling, PFP 4377 & 5390 Pro Bono Practicum in PFP
Research Interests: Financial behaviors, financial counseling techniques, and financial education
Experience: Dr. Durband has been on the faculty at Texas Tech since 2000. Her work experience includes providing financial counseling and financial education, employee training, special events planning, and fund raising for non-profit organizations.
Leadership / Awards Texas Tech University: 2011 - present Chair of Department of Community, Family, and Addiction Services, 2007- 2010 Associate Chair of Department of Applied and Professional Studies, 2012 Chancellor's Distinguished Teaching Award, 2012 Outstanding Organization Advisor, 2009 College of Human Sciences Kathryn Burleson Faculty Service Award, 2006 TTU President's Excellence in Teaching Award.
Goetz, J., Durband, D. B., Halley, R., & Davis, K. (2011). A peer-based financial planning and education service program: An innovative pedagogic approach. Journal of College Teaching & Learning, 8(4).
Halley, R., Durband, D. B., Gustafson, W., & Bailey W. (2011, December). A survey of clergy practices associated with premarital financial counseling. Journal of Pastoral Care and Counseling, 65(4).
Harold Evensky, CFP®
Phone | 806.742.5050 x472
Office | HS 234B
Research Interest: Behavioral finance issues in financial planning; Educational requirements for PFP graduates; Portfolio design in low return environment
Experience: Graduate course on Emerging Issues in FP & Behavioral Finance Issues in FP President, Evensky & Katz Wealth Management
Leadership / Awards Texas Tech University: Former Chair CFP Board of Governors, Board of Examiners, Board of Appeals, International CFP Council, TIAA-CREF Institute Investment Advisory Board, Board member IAFP National Board
Recent Publications: Journal of Financial Planning Research Columnist; upcoming JFSP (with David Cordell), “Financial Planning Research: Recent Academic Articles That Are Relevant To Practitioners;”
Dr. Michael Finke, CFP®
Phone | 806.742.5050 x 259
Office | HS 234D
Classes Taught: Doctoral seminars in financial planning research, research methods, and household investment theory. Undergraduate and masters classes in risk management (3375) and investments (3376 and 5362).
Research Interests: Household investment and intertemporal choice, behavioral personal finance, agency costs of financial planning, retirement income planning, risk tolerance assessment, aggregate trends in household portfolio allocation.
Experience: PhD in finance from the University of Missouri and PhD in consumer science from the Ohio State University. Assistant/associate professor at University of Missouri from 1999 through 2006, associate professor at Texas Tech 2006-present. Obtained CFP® in 2006.
Awards: 2013 Investment Advisor IA25, 2012 Investment News Power 20, 2011 Academic Thought Leadership Award, Retirement Management Journal, 2010 Winner, iOMe National Retirement Challenge, Faculty Advisor 2010 Best Paper Award, Academy of Financial Services, 2008 Distinguished Research Award, College of Human Sciences, 2007 Teacher of the Year Award, Texas Tech Personal Financial Planning Association, 2006 Association for Financial Counseling and Planning Education Outstanding Journal Article award, 2005 American Council on Consumer Interests CFP Board Financial Planning Research Award
Finke, M.S. 2013. Financial advice: Does it make a difference? In O.S. Mitchell and K. Smetters, eds., The Market for Retirement Financial Advice. Oxford, UK: Oxford University Press.
Finke, M.S. and Huston, S.J. 2013. Time preference and the importance of saving for retirement. Journal of Economic Behavior and Organization, 89, 23-34.
Finke, M.S., Pfau, W., and Blanchett, D. 2013. The 4 percent rule is not safe in a low-yield world, Journal of Financial Planning, forthcoming.
Finke, M.S. and Huston, S.J. 2013. Financial literacy and education. In H.K. Baker and V. Ricciardi, eds., Investor Behavior – The Psychology of Financial Planning and Investing.
John Wiley & Sons., Gibson, P.S. and Finke, M.S. 2013. Do mutual funds marketed to African American investors extract excess rent?, Journal of Index Investing, forthcoming.
Scott, J. and Finke, M.S. 2013. The demand for disability insurance, Financial Services Review, forthcoming.
Dean, L. and Finke, M.S. 2012. Compensation and client wealth among U.S. investment advisors, Financial Services Review, 21(2), 81-94.
Finke, M.S. and Langdon, T. 2012. The impact of the broker-dealer fiduciary standard on financial advice, Journal of Financial Planning, 25(7), 28-37.
Belasco, E., Finke, M.S. and Nanigian, D. 2012. The impact of passive investing on corporate valuations, Managerial Finance, 38(11), 1067-1084.
Dr. John Gilliam, CFP®, ChFC, CLU
Phone | 806.742.5050 x 240
Office | HS 241
Classes Taught: Risk Management and Insurance Planning (PFP 3497/5497), Personal Finance, Personal and Professional applications for non-majors (PFP 5322), Seminar in Personal Financial Planning (PFP 5115)
Research Interest: Behavioral characteristics effecting couple’s financial risk tolerance, Assessment of Investment Risk Tolerance, Risk Tolerance and Asset Allocation, Investment Risk Tolerance and Mental Accounting, Behavioral Finance, Intra-cohort differences among Baby boomers, Insurance Demand and Behavior, Life Insurance Disclosure
Experience: John Gilliam, Ph.D., MBA, CFP®, ChFC, CLU is an Assistant Professor in the Department of Personal Financial Planning at Texas Tech University. His research and academic interest stem from 30 years experience as a financial and estate planner, manager and trainer in the financial services industry.
Leadership / Awards Texas Tech University: Texas Tech University TEACH Fellow (Teaching Effectiveness And Career enHancement) Student Managed Portfolio Scholarship & Award Graduate Consultant; Student Managed Investment Fund (SMIF) American Express Financial Planning Invitational Advisory Committee Who's Who in Finance and Industry 1992-1993
Guillemette, M., Finke, M. & Gilliam, J. (2012). Which types of risk tolerance questions should be used when determining a client’s portfolio allocation preference? Journal of Financial Planning 26, 5: 34-42.
Chatterjee, S., Lauderdale, M., Gilliam, J., & Mason, J. (Accepted 2011). Employee benefits in the hospitality industry: Inhospitable for employees? The Journal of Regional and Sectoral Economic Studies, 11, (2),
Gilliam, J., Grable, J. & Hampton, V. L. (2011). The impact of decision power on financial risk tolerance and asset allocation. Journal of Business and Economic Research, 9, (5), 27-40.
Gilliam, J., & Chatterjee, S. (2011). The influence of birth order on financial risk tolerance. Journal of Business and Economic Research, 9, (4), 43-50.
Goetz, J., Gilliam, J. & Grable, J. (2011). Interobserver risk-tolerance agreement between husband and wives. Journal of Business and Economic Research, 9, (2), 17-25.
Gilliam, J. & Grable, J. (2010). Risk-tolerance estimation bias: Do married women and men differ? Journal of Consumer Education, 27, 45-58.
Gilliam, J., Chatterjee, S. & Grable, J. (2010). Measuring the perception of financial risk tolerance: A tale of two measures. Journal of Financial Counseling and Planning 21, (2) 30-43.
Gilliam, J., Dass, M., Durband, D., & Hampton, V. L. (2010). The role of assertiveness in portfolio risk and financial risk tolerance among married couples. Journal of Financial Counseling and Planning 21(1), 53-67
Gilliam, J., Chatterjee, S. & Zhu, D. (2010). Determinants of risk aversion in the baby boomer cohort. Journal of Business and Economic Research, 8(5), 79-87.
Chatterjee, S., & Gilliam, J. (2009). Taking stock of health: An examination of health insurance expenditures by employer categories. Journal of Business and Economic Research, 7, (4) 143-152.
Gilliam, J., Goetz, J. & Hampton, V. (2008). Spousal differences in financial risk tolerance. Journal of Financial Counseling and Planning, 19, (1) pp. 3-11.
Gilliam, J., & Bagwell, D. C. (2005). Baby boomers in retirement: Challenges and opportunities for financial planners and counselors. Journal of Personal Finance. vol. 4 (1) p. 57–65.
Gilliam, J., & Harness, N. (2005). Comprehensive Personal Financial Planning: A Theoretical Framework. Academy of Financial Services proceedings. Gilliam, J. (2004, September). Assessing risk is tough, but we need to do it. Investment Advisor, 28-30
Dr. A. William "Bill" Gustafson
Phone | 806.742.9783
Office | HS 259
Classes Taught: PFP 1301, Cultural and Gender Issues in Personal Finance;
Research Interest: Retirement economics/policy; debt behavior relative to human capital acquisition
Experience: Teaching courses conducting research related to personal finance and family economics for 33 years; University of Alabama , 1974-78; Texas Tech, 1978-current
Leadership / Awards Texas Tech University: Academy for Financial Services Board of Directors; International Foundation for Retirement Education Board of Standards; Texas Tech President’s Excellence in Teaching Award; College of Human Sciences Helen Burleson Service Award; Department of Personal Financial Planning Visionary Award
Dr. Vickie Hampton, CFP®
Professor/PFP Department Chair
Phone | 806.742.5050 x 227
Office | HS 262A
Classes Taught: Personal Finance: Professional and Personal Applications (PFP 5322), Academic Leadership in Financial Planning (PFP 6101), and Financial Planning Program Development Seminar (PFP 6395)
Research Interests: Career development and related issues in the financial planning profession, determinants of success on the CFP® Certification Examination, and financial planning guidelines and benchmarks for measuring financial well being of families
Experience: Hampton joined the Texas Tech faculty and the Center for Financial Responsibility in 1999. She received her M.S. and Ph.D. degrees in Family and Consumption Economics at the University of Illinois - Urbana. Before coming to Texas Tech, Dr. Hampton taught and conducted research in personal financial planning at the University of Texas - Austin.
Leadership / Awards Texas Tech University: Currently, Hampton is Chair of the newly formed Department of Personal Financial Planning at TTU. Over the past fiften years, Vickie has been active on national boards serving on the Certified Financial Planner (CFP) Board of Governors, the CFP Board of Examiners, the Board of Trustees for the American College, and the Academy of Financial Services Board. She chaired the 1999 CFP Board Job Analysis Committee and was on the steering committee for the AFS and CFP Board Model Financial Planning Curriculum Project. More recently Hampton served on the 2011 CFP Curriculum and Instruction Working Group.
Recent Publications: Salter, J., Hampton, V., Winchester, D., Katz, D., Evensky, H. (accepted for publication, 2011). Entry level financial planning practice analysis: Preparing students to hit the ground running. Financial Services Review.
Gilliam, J., Grable, J., and Hampton, V. The impact of decision power on financial risk tolerance and asset allocation. Journal of Business and Economic Research, 9, (5), 27-40, 2011.
Goetz, J., Zhu, D.D., Hampton, V., and Salter, J. Integration of Professional Certification Examinations with the Financial Planning Curriculum: Increasing Efficiency, Motivation, and Professional Success. American Journal of Business Education, 4(3), 35-46, 2011.
Gilliam, J., Dass, M., Durband, D., and Hampton, V. The Role of Assertiveness in Portfolio Risk and Financial Risk Tolerance. Journal of Financial Counseling and Planning, 21(1), 53-67, 2010.
Dr. Sandra Huston
Phone | 806.742.5050 x 473
Office | HS 234C
Classes Taught: Personal and Family Finance for non-majors (PFP 3301), Family Financial Counseling (PFP 2325), Family and Consumption Behavior (CEED 6376), Research Methods I (PFP 5378), Advanced Technology Applications in Personal Financial Planning (PFP 4380/PFP 5380).
Research Interest: Financial Education/Financial Literacy, Investment behavior using the Surveys of Consumer Finances and the National Longitudinal Surveys of Youth.
Experience: PhD in consumer economics from the University of Missouri-Columbia. Assistant professor and state extension specialist at University of Missouri-Columbia from 2001 through 2006, currently an associate professor at Texas Tech University.
Leadership / Awards Texas Tech University: 2006 Association for Financial Counseling and Planning Education outstanding journal article award. 2005 ACCI Certified Financial Planner® board financial planning research award.
Recent Publications: Huston, S. 2007. Comments on Using the Survey of Consumer Finances: Methodological Considerations and Issues, Journal of Consumer Affairs, 41 (2), 218-222. Finke, M.S., Sharpe, D.L. and Huston, S.J. 2006. Balance sheets of early boomers: Are they different from pre-boomers? Journal of Family and Economic Issues, 27(3), 542-561. Finke, M.S., Huston, S.J., Siman, E. and Corlija, M. 2005. Characteristics of Recent Adjustable-rate Mortgage Borrowers, Financial Counseling and Planning, 16(2), 17-28. Finke, M.S., and Huston, S.J. 2004. Risk and myopic financial decisions. Journal of Personal Finance, 3(3): 99-112. Finke, M.S., and Huston, S.J. 2003. The brighter side of financial risk: Financial risk tolerance and wealth. Journal of Family and Economic Issues, 24(3): 233-256.
Dr. Russell N. James III, J.D., CFP®
Phone | 806.742.5050 x273
Office | HS 2478A
Classes Taught: Graduate courses in charitable planning
Research Interest: Charitable giving; Neuroeconomics; Financial satisfaction; Housing investment
Experience: Associate professor, Texas Tech University (2010-present). Assistant professor, University of Georgia (2006-2010). College president (with direct and supervisory fundraising responsibility) – Central Christian College (2000-2005). Director of planned giving – Central Christian College (1994-1999). Private law practice limited to estate & gift planning and nonprofit organizations law (1994-2000). University of Missouri, B.A., 1992, J.D., 1994; Ph.D., Consumer & Family Economics (dissertation on religious charitable giving), 2002.
Leadership / Awards Texas Tech University: Associate Editor - Journal of Consumer Affairs. 2009 Outstanding Teacher of the Year Award – University of Georgia College of Family & Consumer Sciences. 2009 ACCI CFP® board financial planning research award. Housing Education and Research Association’s 2008 Early Career Award. United Missouri Bank Award for Most Outstanding Work in Gift and Estate Taxation and Planning (law school). American Jurisprudence Award for Most Outstanding Work in Federal Income Tax Law (law school).
Recent Publications: James, R. N., III, & Jones, K. S. (2011). Tithing and religious charitable giving in America. Applied Economics, 43(19), 2441-2450; James, R. N., III. (in press).
Applying neuroscience to financial planning practice: A framework and review. Journal of Personal Finance.; James, R. N., III. (2011).
Cognitive skills in the charitable giving decisions of the elderly. Educational Gerontology, 37(7), 559-573.; James, R. N., III. (2011).
Charitable giving and cognitive ability. International Journal of Nonprofit and Voluntary Sector Marketing, 16(1), 70-83.; James, R. N., III, Atiles, J. H., & Robb, C. A. (2011).
Homeownership plans among Hispanic renters: Ethnic differences or geographic differences? Housing and Society, 38(2), 205-223.; James, R. N., III, & Baker, C. (in press).
Targeting wealthy donors: The dichotomous relationship of housing wealth with current and bequest giving. International Journal of Nonprofit and Voluntary Sector Marketing; Bruce, A. S., Bruce, J. M., Schurle, B. W., Zereyesus, J., & James, R. N. (2011).
Implications of neuroscience developments for teaching agricultural economics/agribusiness. NACTA Journal, 55(3), 49-53.
Deena B. Katz, CFP®
Phone | 806.742.5050 x 474
Office | HS 244
Classes Taught: Personal Financial Planning for Professionals (PFP 2315), Professional Practices in Personal Financial Planning (PFP 3398), Professional Field Experience (PFP 3210), Personal Financial Planning Capstone (PFP 4370), Professional Practices in Personal Financial Planning (PFP 5798), Introduction to Personal Financial Planning (PFP 5371) Sales, Marketing and Products (PFP5367), Business Practices and Entrepreneurship in PFP (5379), Internship in Personal Financial Planning (PFP 3399 and PFP5399.)
Research Interest:Experiential Learning, Attitudes and Expectations of Internship experiences, Behavioral Finance practice in a financial planning environment.
Experience:Deena B Katz CFP® is an Associate Professor in the Department of Personal Financial Planning at Texas Tech University. Her research and academic interest stem from over 35 years experience as a Wealth Manager and Business Consultant in the financial services industry.
Leadership / Awards Texas Tech University: Investment Advisor Magazine 25 Most Influential People in the Financial Planning Industry, May 2003, 2004, 2006, 2007, 2008, 2009; Investment Advisor Magazine, "Thirty for Thirty: Top 30 People who have Influenced the Industry in the Past Thirty Years, 2010; "The One Thing…" Financial Advisory Industry's Top Coaches, Consultants and Industry Insiders", 2005; Medical Economics 150 Best Financial Advisers for Doctors, 2001-2003; Accounting Today, Top Ten Names to Know in Financial Planning, 2001; Financial Planning Magazine's Most Influential People (1of 5) in the Planning Profession, 2001; Accounting Today Top Influential People, 1999, 2000, 2002, 2003; Accounting Today Top 100 Most Influential People, 1998; Mutual Funds Magazine Top Planners Award, 2001-2002; Worth Magazine's Best Financial Advisers, 1996, 1997, 2001, 2002; Worth Magazine's Top 60 Financial Planners, 1994; AICPA- Planner's Award in Excellence, 1993; Adrian College Young Alumni Achievement Award,1993
Recent Publications: Deena Katz's Complete Guide to Practice Management, Bloomberg Press, 2011. Editor, Retirement Income Redesigned, Bloomberg, 2006. Editor, Investment Think Tank, Bloomberg, 2004. Deena Katz's Tools and Templates for Financial Advisers, Bloomberg, 2001. Deena Katz on Practice Management, Bloomberg Press, 1999.
Mitzi K. Lauderdale, J.D.
Phone | 806.742.5050 X 269
Office | HS 242
Estate Planning (PFP 3378; PFP 5398)
Research Interest: Special Needs Planning, Planned Giving Strategies, Philanthropy, and Estate and Tax Planning Strategies.
Experience: Professor Lauderdale has been a member of the Texas Tech Faculty since 2004. While teaching in the Nutrition, Hospitality, and Retailing department, her focus was on the legal and financial aspects of the hospitality industry, both the graduate and undergraduate levels. Since joining the Department of Personal Financial Planning in 2008, Professor Lauderdale continues to focus on and further develop her areas of interest and specialization which are philanthropy and estate planning. Professor Lauderdale also serves as undergraduate coordinator for the program.
Leadership / Awards Texas Tech University: TTU Faculty Senator 2007-2010; TTU President’s Excellence in Teaching Award NHR Department Nominee, 2007; Legal Aid Society of Lubbock Board Member, since 2007
Recent Publications: James, R., III., Lauderdale, M., and Robb, C. (in press). The Growth of Charitable Estate Planning among Americans Nearing Retirement. Financial Services Review. Lauderdale, M. and Thomas, J. (2009). Are You Gambling With Your Business? What you should know about the legal differences between gambling ashore and afloat. Journal of Travel and Tourism Marketing, 26(4), 408-414. Yuan, J., Fowler, D., Goh, B., and Lauderdale, M. (in press). Mexican Cross-Border Shoppers’ Motivations to the United States. International Journal of Culture, Tourism, & Hospitality Research. Chan, H.K., Lauderdale, M., and Goh, B. (2007). Accessible Tourism in Taiwan: Attitudes and Perceptions of Lodging Personnel and People with Mobility Disabilities. HOSTEUR, 16 (1), 9-16.
Visiting Assistant Professor
Phone | 806.742.5050 X 471
Office | HS 252
Classes Taught: Fundamentals of Personal Financial Planning (PFP 5371), Fundaments of Agricultural Economics (AAEC 2305) and Agricultural Price Theory (AAEC 3315).
Research Interest: Agricultural Business, International Trade, Comparative Advantage and Competitiveness, Personal Financial Planning Applications in Agriculture, and Data Management.
Experience: Pablo Martinez-Mejia, Ph.D., joined the PFP faculty in fall 2012 after working in the Department of Agricultural and Applied Economics at TTU for six years. He received his Ph.D. in Agricultural Business and Economics from Auburn University in 2006.
Leadership / Awards: Fullbright Scholarship "CAMPUS VIII" to pursue studies at Iowa State University, Ames Iowa U.S.; 1995 National Student Leadership Seminar in Diplomacy and Global Affairs, Claude and Mildred Pepper Democracy Scholarship, Washington, D.C.
Recent Publications: Martinez-Mejia, Pablo and Jaime E. Malaga (In press) The Growing Importance of Brazil, Russia, India and China (BRIC) on Food Global Trade. The Global Studies Journal.
Lyford, Conrad P., Jaime E. Malaga, Benaissa. Chidmi, and P. Martinez-Mejia. (2012) Expanding US Sorghum Exports to Sub-Saharan Africa: A Key Fast Growing Export Market. Expected Aggregate Growth for 10 Years. Proposal for the Emerging Markets Program, FAS, USDA.
Martinez-Mejia, Pablo and Jaime E. Malaga. The growing importance of Brazil, Russia, India and China (BRIC) on food global trade. Proceedings of the Fifth International Conference on Global Studies, Moscow State University, Moscow, Russia, 20-22 June 2012.
Malaga, Jaime E. and Pablo Martinez-Mejia. Global agricultural markets: recent changes and trends in revealed comparative advantage and competitiveness. Proceedings of the International Conference of Climate Change, Recycling of Agricultural Resources, Technology Improvement and Agricultural Management, Huazhong Agricultural University, College of Economics and Management and College of Land Management, Wuhan, China, January 7-10, 2012.
Barry Mulholland, MBA, CFP®, ChFC®
Phone | 806.742.5050
Office | HS 249
Classes Taught: Retirement Planning (PFP 3374), Personal Financial Planning Capstone (PFP 4370), PFP Professional Technology (PFP 4380), Personal Financial Planning Capstone (PFP 5373), PFP Professional Technology (PFP 5380), Professional Field Experience (PFP 3210/5210)
Research Interest: Insurance Demand, Life Insurance Disclosure, Precautionary Savings, Risk Management, Financial Planning Technology
Experience: Assistant Professor, Texas Tech University (2012-present); Senior Lecturer (2002-2011), Co-Director of Wisconsin Financial Services Institute (2005-2009), Lecturer (1995-1996), University of Wisconsin Oshkosh; Financial Advisor & Register Representative, Principal Financial Group (1999-2004); General Manager/Partner, Central Resources, LLC (1996-1999); Sales Engineer, Johnson Controls, Inc. (1990-1993); Account Executive, Management Recruiters International (1989-1990); Team Production Manager, Procter & Gamble, Inc. (1985-1989); University of Miami, Bachelor of Science in Mechanical Engineering, 1987; University of Wisconsin Oshkosh, MBA, 1995.
Leadership / Awards Texas Tech University: Texas Tech University – Helen Devitt Jones Endowed Fellowship, 2009-2012; University of Wisconsin Oshkosh – Edward M. Penson Distinguished Teaching Award, 2009
Dr. John Salter, CFP®, AIFA®
Phone | 806.742.5050 x 475
Office | HS 243
Classes Taught: Retirement Planning (PFP 3374, 5394), Asset Management II (PFP 4376), Introduction to Personal Financial Planning (PFP 1115), Professional Field Experience (PFP 3210/5210).
Research Interest: Dr. Salter is currently researching the role of reverse mortgages in retirement distribution management and cash management. His past research, which he still works on with colleagues, included the benefits of both retirement income planning and utilization of financial advisors. He has also worked with colleagues on research involving the transition of students into the financial planning profession.
Experience: Dr. Salter has been on the Texas Tech faculty since 2006. During this time he has taught numerous courses in the program and has been heavily involved in the administration of the program. Dr. Salter also serves as a wealth manager for Evensky & Katz Wealth Management in their Lubbock office. He is a Certified Financial Planner® and an Accredited Investment Fiduciary Analyst®. Dr. Salter received his PhD in Consumer Economics with a specialization in Personal Financial Planning from our own Personal Financial Planning program, and has also earned an MS in Personal Financial Planning, MBA, and BS in Chemical Engineering.
Leadership / Awards Texas Tech University: Dr. Salter served as director of the Department of Personal Financial Planning prior to the Department's transition to a department and currently as the director of undergraduate registered programs. He has been recognized for his teaching and service multiple times in his career at Texas Tech. Dr. Salter also served as president and chairman of the Financial Planning Association's West Texas chapter.
Recent Publications: Salter, Pfeiffer, & Evensky, Standby Reverse Mortgages: A Risk Management Tool for Retirement Distributions. Journal of Financial Planning (2012).
Salter, Hampton, Winchester, Katz & Evensky. Entry level financial planning practice analysis: Preparing students to hit the ground running, Financial Services Review. (2011)
Salter, Harness, & Chatterjee, Value of financial advisors to retirees, Journal of Financial Services Professionals (2011).
Chatterjee, Salter, & Harness, Financial confidence among retirees: The role of financial advice and planning duration, Economics Bulletin (2011).
Salter, Harness & Chatterjee, How retirees pay for current and future long-term care expenses, Journal of Financial Services Professionals (2011).
Salter, Harness, & Chatterjee, Utilization of financial advisors by affluent retirees, Financial Services Review (2010)
Administrative Business Assistant
Center for Financial Responsibility
Phone | 806.742.5050 x 249
Office | HS 257B
Phone | 806.742.5050 x 222