The problem seems obvious whenever we walk the floor at a big industry conference: Nonwhite faces are few and far between in a sea of white male advisors.

America looks more and more diverse each day, and its wealth patterns are shifting, as well. Diahann Lassus, principal of wealth management firm Lassus Wherley, nailed the challenge that faces the industry: “If we want to continue to grow,” she told us, “we need to have a diverse workforce that mirrors the population.”

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