CE Sessions from DataPoints

Register for any of our CFP Board CE credit sessions below. Each session focuses on a different area of financial psychology. 


Eligible for 1 CFP Board CE Credit - Live Session

Tuesday, July 12, 2022 at 12:00 pm Eastern

When it comes to financial outcomes, behaviors matter. Based on over 40 years of data, part of which led to The Millionaire Next Door, six critical competencies (i.e., behavioral factors) were found to relate to an individual’s net worth above and beyond age and income. In this session, you will get an in-depth understanding of each factor, how they impact financial success, and what can be done to improve in each area over time.


Eligible for 1 CFP Board CE Credit - Live Session

Tuesday, September 13, 2022 at 12:00 pm Eastern

Each of us enters the financial planning process with a unique set of attitudes and outlook about everything from investing to budgeting. Our perspective can influence success when it comes to money-related matters. In this session, you’ll gain a deeper understanding of how attitudes relate to financial behaviors and financial outcomes such as net worth, regardless of how old we are or our income level.


Eligible for 1 CFP Board CE Credit - Live Session

Tuesday, November 8, 2022 at 1:00 pm Eastern

A client’s psychological risk tolerance, or the client’s enduring personality characteristics related to the ability to withstand the ongoing losses and gains, is a complex and multidimensional set of constructs. This session will help you understand the factors of psychological risk tolerance and how they relate to decisions clients make during times of market downturns. This session will cover the following client characteristics: self-esteem, self-efficacy, knowledge, emotional stability, risk personality, and risk preference. By understanding psychological risk tolerance, you will have a better understanding of how the client might react to market downturns in the future while also having insights into how you can guide and coach clients to become better investors over time.


Eligible for 1 CFP Board CE Credit - Live Session

The way clients approach financial management depends greatly on their financial psychology. Understanding the unique psychology of a client can better prepare you to provide advice and guidance in a way that will lead to a maximum level of success. In this session, we’ll explore different methods of understanding financial psychology via the use of psychometrics, or the science of measuring psychological characteristics. You will learn to distinguish between different types of assessments, understand what makes a “good” assessment, and learn best practices for using assessments with clients.


Eligible for 1 CFP Board CE Credit - Live Session

How does our personality impact how we behave and respond when it comes to money? What does it mean to have a “money type?” In this session, we’ll discuss how personality and individual differences lead clients to make different types of financial decisions and leads to variations in their approach to financial management. This session will examine the Big 5 personality model as it relates to how clients manage their financial lives, as well as how values, career interest models, and competency models can be used to describe and understand different types of clients.


Eligible for 1 CFP Board CE Credit - Live Session

How does psychology play into the way we save, spend, and invest? In this session, you’ll learn how different aspects of psychology, including developmental, cognitive psychology, and clinical psychology, play into both individual choices and financial planning relationships. We’ll distinguish between two sides of financial psychology: client psychology, which focuses on the client-advisor relationship, and individual differences, which focuses on the client as an individual. You will learn how life experiences, personality, and other characteristics set the stage for future financial behaviors, as well as how to use structured interviews and assessments to learn more about the financial psychology of clients.


Eligible for 1 CFP Board CE Credit - Live Session

When people hear the term “financial therapy,” they tend to think of a mental health professional, but financial therapy is not that at all! Financial therapy is the understanding that money means more than just numbers to our clients. Financial therapy can aid financial planners in asking the right questions of clients, fostering trust, supporting financial plan adherence, and truly helping their clients reach their future goals, not just financial goals. Presenter Megan McCoy Ph.D., AFC, LMFT, CFT-1, will quickly describe financial therapy before describing one specific approach to financial therapy she created for advisors, called Narrative Financial Therapy.

Attendees will understand:
What financial therapy is, and what it looks like in a financial planning practice
How to apply Narrative Financial Therapy through clear steps in their practices
How financial therapy is a value-add to financial planners

Megan McCoy, Ph.D., LMFT, AFC(R), CFT-I™ is a Professor of Practice and the Director of the Personal Financial Planning Master’s Program at Kansas State University. Her research focuses on financial therapy and financial wellbeing. Her work has been published in both mental health and financial planning journals. Dr. McCoy serves as the Associate Editor for the Journal of Financial Therapy and volunteers for the Financial Therapy Association’s Board of Directors.

About The Financial Psychology CFP Board CE Credit Sessions

Each of our CFP Board CE credit sessions provides you with an overview of a specific area within the broad field of financial psychology. Dr. Sarah Stanley Fallaw, an industrial psychologist and founder of DataPoints, leads each session to help you understand the unique characteristics of your clients and how that can impact the work you do as well as their financial success.

CE credit sessions on financial psychology are held throughout the year. The DataPoints team will submit your session credit for you, and there is no cost to join our sessions.

For more information, or to inquire about Dr. Fallaw providing a CE session for your organization, please complete our contact form.