NASHVILLE, Tenn - When it comes to racial diversity, the financial planning industry still has a long, long, long way to go.

African-Americans make up around 2% to 3% of advisers, according to most estimates. Tony Barrett, who manages Raymond James & Associates’ Delaware Valley Complex in Philadelphia, says that, given his experience in the industry, it feels to him like the real number is about half that.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access