The Dallas-Fort Worth chapter recognizes four financial planners from its 800-plus membership each year.
The Dallas-Fort Worth chapter of the Financial Planning Association will honor two Texas Tech University alumni and the founder of the university's personal financial planning program at its annual meeting.
- Bill Gustafson will receive the Chairman's Award, which is presented to a person or organization making significant contributions to the mission of the DFW chapter and financial planning.
- Tyler Russell, class of 2007, will receive the Young Guns Award, which is given to an up-and-coming planner age 30 or younger who is making significant contributions to the profession and organization.
- Dan Mauck, class of 1994, will receive the Honor Award, which recognizes planners who have a lifelong commitment to the financial planning profession and the DFW chapter of the FPA.
Melisa Hall, executive director of FPA DFW, said all three have made significant contributions to the organization and community through their work in financial planning.
Gustafson, who started the financial planning program at Texas Tech in 1987, is the senior director of the Center for Financial Responsibility. He is on the board of directors of the Academy for Financial Services, the International Foundation for Retirement Education and the New Mexico Project for Financial Literacy and has received multiple awards from Texas Tech and the College of Human Sciences.
Being selected is an honor, he said. Although Texas Tech's program has contributed to the DFW chapter, the chapter was instrumental in getting Texas Tech's program off the ground 30 years ago.
“It's always humbling when you get awarded something you feel is deserved of a big team,” Gustafson said. “I'm so honored to receive something from these people because they really, really mean something to me.”
Mauck is a senior financial adviser at Clintsman Financial Planning. He has been recognized on D Magazine's Best Financial Planners in Dallas list every year since 2004 and was named a Dallas Five Star Wealth Manager by Texas Monthly four times. The College of Human Sciences and the Department of Personal Financial Planning have honored him with distinguished alumni awards. He also has been in chapter leadership for more than a decade, including founding and leading the merit-based scholarship program to incentivize young professionals to acquire the Certified Financial Planner certification.
“Undoubtedly, the decision to pursue financial planning as a career was life-changing for me,” Mauck said. “It would not have been nearly as rewarding – or perhaps even possible – without the academic rigor, faculty support and camaraderie for which Texas Tech PFP is now internationally known.”
“Our growing alumni network is having real impact on the profession, underlining the importance and value of a Texas Tech PFP degree,” Mauck said. “It's not only evidence of academic achievement, but is fast becoming the hallmark of technical competence, integrity and professionalism within the field of financial planning.”
Russell is a wealth manager with Carter Financial Management. He is on the investment advisory committee and co-chair of Carter Education Partners, which hosts an annual investment conference and seminars throughout the year. He's become heavily involved in the FPA and other professional organizations since moving to Dallas, a schedule he picked up at Texas Tech.
Russell was nominated multiple times for this award, which he said indicated his competitors in the Metroplex felt he deserved the recognition.
“It feels good there is enough respect between competitors to receive that nomination,” he said. “Though there are a lot of Texas Tech financial planners within the organization, so it's kind of a friendly competitiveness.”
The Dallas-Fort Worth chapter of the FPA is one of the top 10 chapters in the country and is part of the National FPA Alliance Forum. Texas Tech's personal financial planning program is a corporate partner with the chapter and is heavily involved in the annual career day. Several of the members of the chapter's board of directors are alumni.