Certificate in Financial Psychology & Behavioral Finance
The mission of the Financial Psychology Institute is to increase the understanding of how psychological factors impact financial behaviors, establish evidence-based practices for improving clients' financial health, and train financial and mental health professionals to work more effectively with clients.
These courses will be offered beginning in Summer of 2016 using the 8-week online graduate schedule, and will be instructed by Brad Klontz, Psy.D, CFP® and Ted Klontz, Ph.D. All five courses in the program are offered each calendar year. Courses in the program DO NOT have to be taken consecutively.
Students who are trained through this program and earn the Certificate in Financial Psychology & Behavioral Finance:
- Differentiate themselves as experts in the field of financial behavior, behavioral finance, financial therapy, and financial psychology;
- Improve their client acquisition, client retention, client service, client communication, and client relationship skills;
- Identify and intervene on financial beliefs and behaviors that are likely to adversely impact a client's financial health;
- Facilitate financial health in their clients, including developing a healthy relationship with money, helping clients overcome resistance to change and take positive actions, and helping clients decrease financial stress and increase their income and net worth, and overcoming resistance to change and taking positive actions.
- Work with couples and families around financial matters;
- Have met the educational requirements for the Certified Financial Behavior Specialist™ (FBS™) professional designation.
Curriculum and Schedule:
Fall Term 1: August 21 - October 14, 2017 - Introduction to Financial Psychology
Fall Term 2: October 23-December 16, 2017 - Applied Behavioral Finance
Spring Term 1: January 8 - March 3, 2018 - The Psychology of Personal Finances
Spring Term 2: March 12 - May 5, 2018 - The Psychology of Family Finances
Summer Term 1: May 14- July 7, 2018 - Financial Communication and Interviewing
Dr. Brad Klontz
Bradley T. Klontz, Psy.D., CFP® is a Founder of the Financial Psychology Institute and an Associate Professor of Practice in Financial Psychology at Creighton University Heider College of Business. He is a Managing Principal of OCCAM, LLC, a Fellow of the American Psychological Association, and a Former President of the Hawaii Psychological Association.
Dr. Klontz was awarded the Innovative Practice Presidential Citation from the American Psychological Association for his application of psychological interventions to help people with money and wealth issues and his innovative practice in financial psychology for practitioners across the country.
Dr. Klontz has co-authored/co-edited five books on the psychology of money: Facilitating Financial Health: Tools for Financial Planners, Coaches, and Therapists (NUCO, 2016; 2008), Financial Therapy: Theory, Research & Practice (Springer, 2014), Mind Over Money (Broadway Business, 2009), Wired for Wealth (HCI, 2008), and The Financial Wisdom of Ebenezer Scrooge (HCI, 2005, 2008).
His work has been featured on ABC News’ 20/20, Good Morning America, and in USA Today, The Wall Street Journal, New York Times, Washington Post, Los Angeles Times, Time, Kiplinger’s, Money Magazine, NPR and many other media outlets and professional magazines and journals.
Dr. Ted Klontz
Paul T (Ted) Klontz, Ph.D., Associate Professor of Practice of Financial Psychology and Behavioral Finance at Creighton University and Founder and Director of the Financial Psychology Institute at Creighton University’s Heider College of Business, is based in Nashville, TN. He has a 40+ year career in counseling, consulting and advising that has included authoring, co-authoring and/or contributing to 6 financial psychology related books (e.g. Wired for Wealth, Financial Wisdom of Ebenezer Scrooge, Facilitating Financial Health, Financial Therapy: Theory, Research and Practice).
He is a published researcher, professional speaker and trainer with corporate groups focusing on communication skill development and anxiety management. Ted is a designer and facilitator of workshops; consultant to major entertainment management groups; consultant to the US defense department; and has a private practice focused on working with professional athletes/entertainers and financial professionals.
He has served in expert roles as an advisor to Congressional Committees and is regularly quoted in national and international media including The Today Show, CNN, Good Morning America, Larry King Live, Oprah Winfrey, NPR, The Wall Street Journal, Money magazine and The New York Times. Ted’s Healing Money Issues Workshop was featured on ABC News’ 20-20 and Good Morning America. He has also appeared on the Oprah Winfrey Network. He is President of Klontz Consulting Group, has served as one of the founding executive officers of the National Financial Therapy Association, and is Co-Founder of Your Mental Wealth,™ a direct to consumer personal finance brand.
“Since starting my planning practice in 2003, I have sought out ways to better serve my clients in a holistic manner. I love the courses, tools, workshops and all that is “life at the center of the financial planning process.” If there is a capstone course in integrating the left and right brains as applied to ‘money in support of life’ endeavors, it is the Financial Psychology Institute. Grounded in research and filled with real world experiential application, Ted and Brad Klontz bridge academia and practice in an insightful, engaging, interactive and fun way. I love the learning and I’m clearly a better advisor for taking this course of study. However, it is the application with the clients, and their improved quality of life, that makes this endeavor truly worthy of pursuit.”
Robert V. Bolen, CFA, CFP®
Envision Wealth Planning
“The study of the psychology of money, human motivation, emotions and behaviors is the next logical step of behavioral finance and neuro-economics. The Financial Psychology Institute is where counselors, financial advisors, and therapists can gain the evidence-based knowledge and clinical experience to help individuals and couples achieve financial health and subjective well-being. I have been a CFP® practitioner for almost 30 years and I’ve found no better place to obtain the skillsets needed to succeed in helping individuals achieve true financial health and wealth than the Financial Psychology Institute.”
Neal Van Zutphen, M.S., CFP®, FBS™
Intrinsic Wealth Counsel, Inc.
“Listening to and hearing the underlying needs of our clients and partners – The Financial Psychology Institute brings the critical importance of these areas to light. As both a therapist and financial planner, I thought I “knew” how to listen. Now I am learning to be present on a whole new level. Can you imagine where this will lead for our clients? Thank you Brad and Ted for such a thorough and in depth course of study.”
Melissa K. Hammel, CFP®, NCC LPC/MHSP, FBS™
Hammel Financial Advisory Group, LLC