The Academy of Financial Services (AFS) honoured Jeff Camarda, Larry Frank Sr. and Shawn Brayman with its Best Paper Awards at the organization’s recent 31st annual meeting in Las Vegas.

Larry Frank Sr. and Shawn Brayman were awarded the CFP Board Best Paper Award for their research, entitled Combining Stochastic Simulations and Actuarial Withdrawals into One Model, which outlined an alternative method to help clients of financial advisors visualize the possible outcomes of their financial future, given uncertainties of age and investment return.

Jeff Camarda was awarded the PlanPlus Best Paper Award for his draft PhD dissertation from the American College for his research, entitled, Do Financial Advisory Designations such as CFP, ChFP and CFA Connote Lower FINRA Misconduct?

The AFS’s Best Paper Awards are based on “blind” or “double-blind” assessment criteria in which a panel of judges evaluates the papers without knowledge of the authors of the research.

Brayman, president and CEO of Lindsay, Ont.-based PlanPlus Inc., was a previous recipient of AFS’s Best Paper Award in 2011 and received the Best Applied Research Award along with co-Author Dr. John Grable at the Financial Planning Association Conference in Baltimore in September.