CFPs

The systems are expected to be updated by the end of April, following calls from financial advisors on social media to make a change.

Even as the numbers improve, Black and Hispanic advisors are still vastly underrepresented within the industry.

One thing was made clear at the annual event: There’s more work to be done.

Necessary new approaches include better cultural understanding, more flexibility for new entrants and more outreach, advisors and executives say.

Here are prep techniques and resources for candidates taking a test that can seem daunting.

While it may seem that there is a high barrier for entry, there are many resources available for advisors who deal with financial services abroad.

Director tenures, nominations and committees are changing after an independent task force identified weaknesses.

Unlike many digital advisors, Retirable is not offering investment management or targeting millennials.

Financial advisors can help the country’s increasingly diverse population, but we must fully realize our vision of recruiting more young and racially diverse talent.

“If you decide to make the portfolio more conservative, make sure you have a plan — an exact plan — on when to come back,” an expert says.