Lu Fan, Ph.D., CFP®

College of Family and Consumer Sciences

Financial Planning, Housing and Consumer Economics

Assistant Professor

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

Interested in graduate studies?

View Graduate Programs

Jump to top