Practice

Here’s how RIAs are falling short in their support for pregnant and new mothers and what they can do to change it, according to advisor Rianka Dorsainvil.

"We’re not just software,” CEO Ed O’Brien says. “We’re here to help advisors be better planners.”

Meanwhile, the wirheouse’s advisor headcount ticks down and recruitment loans drop, again.

From pervasive discrimination at work to the dangers of #BankingWhileBlack, Black people in America face serious hurdles when engaging with the financial services. Join us for a panel discussion featuring guests from the upcoming Access Denied: Systemic Racism in Financial Services podcast.

More than 130 fund management and financial advisory firms have written letters opposing the plan. And the complaints keep coming.

Despite tangible evidence dispelling that it's hard to find Black talent, the financial services have yet to crack the code when it comes to building a representational workforce. But is it a sufficient solution on its own?

CEO John Ettelson's comments differ from those of executives at some major banks.

In order to avoid treating DEI as a fad, #DoingTheWork in wealth management ought to start with these critical steps, financial advisor Lazetta Braxton writes.

The move represents the third largest out of the IBD channel in 2020, according to company recruiting announcements tracked by Financial Planning.

BNY Mellon’s CEO also sees a distribution opportunity for the company’s proprietary funds.