1. A method for a financial planning competition, the method comprising the steps of: during at least a first phase of competition, generating, by a financial planning organization, a client profile; providing the client profile to at least one team; receiving a written financial plan from each team, the financial plan configured to achieve at least one predetermined client goal based upon the client profile; reviewing each financial plan based on predetermined financial planning criteria and assigning award points to each plan; and selecting a predetermined number of teams to participate in a second phase of competition based on the award points.