Diversity and equality

Advisors may sometimes overlook clients with special needs, despite the size of the community and available tools like ABLE Accounts.

Instead of leading your team with the mantra "Never let them see you sweat," consider a more honest, real approach.

If you have clients who are people of color, here's how to help them navigate financial planning in a racially unequal world.

Just like the industries that they cover, the lack of Black representation among news outlets acts as a barrier against understanding and eliminating systemic racism.

It won’t just change the composition of corporate board rooms. It may change conversations with clients too.

Regulatory shifts, M&A, new technology — there’s a lot on the horizon for the industry.

An employee who left in 2018 said she experienced a barrage of racial and sexual antagonism while at the firm, such that “it is not possible to list all of the comments and conduct in one document."

Homogeneous industries and male executives are the primary target clients of the new consultancy, Kathleen Zemaitis says.

Efforts to diversify boardrooms have taken on new urgency this year as racial unrest called attention to income inequality and pressure mounted on banks and other publicly traded companies to do something about it.

The flow of assets and capital in manager selection, municipal bonds and business and mortgage capital reveals forms of systemic racism that often get overlooked.

The custodian is upping the number of scholarships set aside for women and people of color.

For its next leader, Ohio National turned to a veteran executive with prior experience leading its independent broker-dealer.

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

The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.

Disclosing such information is rare in wealth management, but long overdue, says Andy Sieg.

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

Two women employees at the firm’s Newport Beach, California office say they were demoted after reporting instances of bias and harassment.

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

While many companies and organizations try, diversity and inclusion efforts within the financial services have generally failed. What needs to be done in order to succeed? Join us for a panel discussion featuring guests from the Access Denied: Systemic Racism in Financial Services podcast.

In the first episode of the five-part documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.