Lu Fan, Ph.D., CFP®
College of Family and Consumer Sciences
Assistant Professor
201 Charles Schwab Financial Planning Center
407 Sanford Dr.
Athens, GA 30602
https://sites.google.com/view/lu-fan
Education
| Degree | Field of Study | Institution | Graduation |
|---|---|---|---|
| Ph.D. | Financial Planning, Housing and Consumer Economics | University of Georgia | 2017 |
| M.A. | Journalism and Mass Communication | University of Georgia | 2012 |
| B.A. | Communications | Capital University of Economics and Business, China | 2009 |
Research
My research interests include financial advice-seeking behavior, consumer well-being, financial socialization, financial education, literacy, and capability, and behavioral finance.
Teaching
FYOS 1001 Consumer and Money Skill for College Life
FHCE 4205 Wealth Management II
FHCE 6205 Advanced Wealth Management II
Prior Professional Positions
| Organization | Title | Years of Service |
|---|---|---|
| University of Missouri / Personal Financial Planning | Assistant Professor | 2017-2021 |
Awards
| Award Name | Awarded By | Year Awarded |
|---|---|---|
| Early Career Faculty Research Award | College of Family and Consumer Sciences, UGA | 2023 |
| Outstanding Symposium Research Paper Award | Association for Financial Counseling and Planning Education | 2022 |
| Emerging Scholar Award | American Association of Family and Consumer Sciences | 2022 |
| Richard L. D. Morse Early-Career Award | American Council on Consumer Interest | 2022 |
| National Endowment for Financial Education Best Paper Award | American Council on Consumer Interests | 2021 |
| Hazel M. Hatcher HES Teaching Scholar Award | College of Human Environmental Sciences, University of Missouri | 2021 |
| Outstanding Symposium Research Paper Award | Association for Financial Counseling and Planning Education | 2019 |
| National Endowment for Financial Education Best Paper Award | American Council on Consumer Interests | 2017 |
| Outstanding Teaching Assistant Award | Graduate School, The University of Georgia | 2017 |
| NAGDCA Conference Travel Award & ANC Scholar Award | Arthur N. Caple Foundation | 2016 |
Editorial Appointments
| Position | Name of Journal | Year(s) |
|---|---|---|
| Editorial Board | Journal of Financial Planning and Counseling | 2022 - |
| Editorial Board | Journal of Personal Finance | 2021 - |
Service
| Organization | Title | Year(s) | Service Type |
|---|---|---|---|
| American Council on Consumer Interest | Board of Directors | 2022-Present | Professional Service |
| Academy of Financial Services | Board of Directors | 2020-2022 | Professional Service |
| American Council on Consumer Interest | Conference Planning Committee Chair | 2021-2022 | Professional Service |
| Journal of Financial Counseling and Planning | Editorial Board | 2022-Present | Editorial Service |
| Journal of Personal Finance | Editorial Board | 2021-Present | Editorial Service |
| Consumer Annual Interest (ACCI Conference Proceeding) | Editor | 2021 | Editorial Service |
| American Council on Consumer Interest | Conference Scholarship Award Committee Chair | 2020-2022 | Professional Service |
| American Council on Consumer Interest | Committee Member and Board Liaison | 2020-Present | Professional Service |
| FACS, UGA | Faculty Advisory Committee | 2022-Present | College Service |
| FACS, UGA | Faculty Research Awards Committee | 2023-Present | College Service |
| FHCE, FACS, UGA | Search Committee for Lecturer in FP and CE | 2022-Present | Departmental Service |
| FHCE, FACS, UGA | FP Curriculum and Professional Development Committee | 2023-Present | Departmental Service |
Advisory Committee
FACS Faculty Advisory Committee (Since 2022)
Books
Book chapter:
Fan, L. (2022). The use of financial advice: Consumers’ financial advice-seeking. In J.E. Grable, & S. Chatterjee (Eds.), De Gruyter Handbook of Personal Finance (pp. 551–567). Doi: 10.1515/9783110727692-031
Current Classes
FYOS 1001 Consumer and Money Skill for College Life
FHCE 4205 Wealth Management II
FHCE 6205 Advanced Wealth Management II
Current Research
- Financial socialization and financial behavior and well-being of adults at different life stages
- Financial decision-making and behavioral finance
- The mechanism of financial well-being
- Young adults' financial capability, independence and life outcomes
- Cognitive abilities, psychological characteristics, and financial planning practices
- Financial worries and hardship and health outcomes
Journal Articles
SELECTED RECENT PUBLICATIONS (SEE FULL LIST IN CV)
- Fan, L., & Lei, S. (Accepted). Financial well-being, family financial support, and depression of older adults in China. International Journal of Bank Marketing.
- Zhang, Y., & Fan, L. (Accepted). An examination of mobile fintech utilization from a stress-coping perspective. Journal of Financial Counseling and Planning.
- Chatterjee, S., & Fan, L. (2023). Surviving in financial advice deserts: limited access to financial advice and retirement planning behavior. International Journal of Bank Marketing, 40 (1), 70-106. https://doi.org/10.1108/IJBM-01-2022-0022
- Fan, L. (2023). Consumer financial information processing: An integrated approach to examine individual differences. International Journal of Consumer Studies, 47 (2), 703-722. https://doi.org/10.1111/ijcs.12859
- Ryu, S., & Fan, L. (2023). The relationship between financial worries and psychological distress among U.S. adults. Journal of Family and Economic Issues, 44, 16-33. https://doi.org/10.1007/s10834-022-09820-9
- Pak, T.-Y., & Fan, L. (2022). Childhood experience of parental affection and financial well-being in later life: Evidence from the Health and Retirement Study. Journal of Consumer Affairs, 56 (4), 1433-1453. https://doi.org/10.1111/joca.12463
- Fan, L., Chatterjee, S., & Kim, J. (2022). Young adults’ personality traits and subjective well-being: The role of perceived money management capability. Journal of Behavioral and Experimental Finance, 35, 100689. https://doi.org/10.1016/j.jbef.2022.100689
- Zhang, Y., & Fan, L. (2022). Financial capability, financial education, and student loan debt: Expected and unexpected results. Journal of Financial Counseling and Planning, 33 (3), 324-343. https://doi.org/10.1891/JFCP-2021-0039
- Fan, L., & Lim, H. (2022). Cognitive abilities and seeking financial advice: Differences in advice sources. Journal of Financial Counseling and Planning, 33 (1), 97-114. https://doi.org/10.1891/JFCP-19-00079
- Fan, L. (2022). Mobile investment technology adoption among investors. International Journal of Bank Marketing, 40,(1), 50-67. https://doi.org/10.1108/IJBM-11-2020-0551
- Fan, L., Chatterjee, S., & Kim, J. (2022). An integrated framework of young adults’ subjective well-being: The roles of personality traits, financial responsibility and perceived capability, and race. Journal of Family and Economic Issues, 43, 66-85. https://doi.org/10.1007/s10834-021-09764-6
- Fan, L., Lim, H., & Lee, J. M. (2022). Young adults’ financial advice-seeking behavior: The roles of parental financial socialization and personality traits. Family Relations, 71 (3),1226-1246. https://doi.org/10.1111/fare.12625
- Fan, L., & Henager, R. (2021). A structural determinants framework for financial wellbeing. Journal of Family and Economic Issues, 43, 415-428. https://doi.org/10.1007/s10834-021-09798-w
- Fan, L., Stebbins, R. & Kim, K. T. (2021). Skint, retirement? Financial hardship and retirement planning behaviors. Journal of Family and Economic Issues, 43, 354-367. https://doi.org/10.1007/s10834-021-09779-z
- Chatterjee, S., & Fan, L. (2021). Older adults’ life satisfaction: The roles of seeking financial advice and personality traits. Journal of Financial Therapy, 12 (1), 51-78. https://newprairiepress.org/jft/vol12/iss1/4/
- Fan, L., & Zhang, L. (2021). The influence of financial education sources on emergency savings: The role of financial literacy. Family and Consumer Sciences Research Journal, 49 (4), 344-361. https://doi.org/10.1111/fcsr.12400
- Fan, L., & Park, N. (2021). Factors mediating the association between financial socialization and well-being of young adults: Testing a conceptual framework. Journal of Financial Counseling and Planning, 32 (2), 202-216. https://doi.org/10.1891/JFCP-20-00056
- Fan, L. (2021). Information search, financial advice use, and consumer financial behavior. Journal of Financial Counseling and Planning, 32 (1), 21-34. https://doi.org/10.1891/JFCP-18-00086
- Fan, L. (2021). A conceptual framework of financial advice-seeking and short- and long-term financial behaviors: An age comparison. Journal of Family and Economic Issues, 42, 90-112. https://doi.org/10.1007/s10834-020-09727-3
- Chatterjee, S., Fan, L., Ryu, S., & Kim, J. (2021). A decade review of Asian studies in the Journal of Family and Economic Issues from 2010 to 2019. Journal of Family and Economic Issues, 42, 178-194. https://doi.org/10.1007/s10834-020-09735-3