Lu Fan, Ph.D., CFP®
College of Family and Consumer Sciences
Associate 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 First Year Odyssey: Consumer and Money Skill for College Life
GRSC 7001 GradFIRST: Acadeimc Writing and Peer Review
FHCE 4200 Wealth Management I
FHCE 4205 Wealth Management II
FHCE 6205 Advanced Wealth Management II
FHCE 4900E/6900E Seminar in Financial Literacy and Financial Education
FHCE 9010 Directed Study in FHCE
FHCE 9300 Doctoral Dissertation
Prior Professional Positions
| Organization | Title | Years of Service |
|---|---|---|
| University of Georgia | Assistant Professor | 2022-2024 |
| University of Missouri | 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) |
|---|---|---|
| Associate Editor | Financial Planning Review | 2023 - |
| Associate Editor | Financial Services Review | 2023 - |
| 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 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)
- Lim, H., Lee, J. M., & Fan, L. (Accepted). Retirement status change, social support, and life satisfaction among older adults: Differences by household income level. International Journal of Social Economics.
- Zhang, Y., Fan, L., & Chatterjee, S. (Accepted). Unveiling investment source preference: The role of financial knowledge. Journal of Financial Counseling and Planning.
- Fan, L., & Henager, R. (2025). Generational differences in financial well-being: Understanding financial knowledge, skill, and behavior. International Journal of Consumer Studies, 49 (1), e70011. https://doi.org/10.1111/ijcs.70011
- Fan, L., & Ryu, S. (2024). Young women’s financial satisfaction: The roles of financial decision-making power, spousal relative resources, and personal financial characteristics. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-024-09996-2
- Kim, K. T., & Fan, L., (2024). Beyond the hashtags: social media usage and cryptocurrency investment. International Journal of Bank Marketing, ahead-of-print. https://doi.org/10.1108/IJBM-12-2023-0665
- Zhang, Y., & Fan, L., (2024). The nexus of financial education, literacy, and mobile fintech: Unraveling pathways to financial well-being. International Journal of Bank Marketing, 42 (7), 1789-1812. https://doi.org/10.1108/IJBM-09-2023-0531
- Lei, S., & Fan, L., (2024). Cognitive ability and stock investment among Chinese middleaged and older population. Financial Services Review, 32 (3), 1-19. https://doi.org/10.61190/fsr.v32i3.3598
- Fan, L., Green, L. E., & Park, N. (2024). Financial stressors and alternative financial service use: Extending the ABC-X model of family stress. International Journal of Consumer Studies, 48 (1), e13002. https://doi.org/10.1111/ijcs.13002
- Pak, T.-Y., Fan, L., & Chatterjee, S. (2024). Financial socialization and financial well-being in early adulthood: The mediating role of financial capability. Family Relations, 73 (3), 1664-1685. https://doi.org/10.1111/fare.12959
- Fan, L., & Ryu, S. (2023). Financial debts and subjective well-being of young adults: An adaption of the stress process model. Journal of Consumer Affairs, 57 (4), 1576-1604. https://doi.org/10.1111/joca.12560
- Fan, L., & Lei, S. (2023). Financial well-being, family financial support, and depression of older adults in China. International Journal of Bank Marketing, 41 (6), 1261-1281. https://doi.org/10.1108/IJBM-05-2022-0214
- Zhang, Y., & Fan, L. (2023). An examination of mobile fintech utilization from a stresscoping perspective. Journal of Financial Counseling and Planning, 34 (3),354-366. https://doi.org/10.1891/JFCP-2022-0061
- 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