Diversity and equality

“The U.S. is in a lot of pain right now, and our African-American colleagues are in a lot of pain,” Jenny Johnson, chief executive officer of Franklin Resources, said.

The death of George Floyd in Minneapolis and other fatal police encounters now fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out.

Bankers spent Monday cleaning up damaged branches, wondering if their small-business clients will need more emergency aid and contemplating how the racial and economic inequalities highlighted by days of violent protests nationwide can be corrected.

The incident demonstrates that companies are increasingly holding employees accountable, even for behavior that occurs outside the office.

Planner Lazetta Braxton explains what allies can do to reduce the fear and heartbreak that comes from working in a predominately white profession.

As liquidity disappeared amid the coronavirus-sparked mayhem, veteran fixed-income portfolio manager Gemma Wright-Casparius saw opportunities.

In a still male-dominated industry, does the network help attract and keep more women at the firm? CEO Shirl Penney says yes and has the results to prove it.

Many of the executives selected this year say the industry’s future may lie in its sudden change to a fully virtual business model.

Lawsuit claims woman advisor was denied revenue opportunities and administrative support amid an alleged climate of harassment and discrimination.

This year’s honorees discuss how their firms are coping with the coronavirus pandemic and how this period may reshape the industry.

It has taken me eight years of conscious work to be able to discuss this topic so frankly.

“I don’t think the volatility will be over until we’re finished with this virus,” one RIA says.

Financial advisor Alex Chalekian started out his career with a mentor “who was not the nicest person.” Ever since, he has wanted to serve as a resource to fellow planners, he explains in an episode of Financial Planning’s Invest Podcast.

Finding the right collaborator changed my life.

“It is shocking — never seen anything like it in my 40 years as a lawyer,” the wealth manager's attorney said.

Almost 50% associate negative emotions with the practice. Here’s how planners can help.

Finally, I was able to talk openly about how financial services can be more inclusive of women and people of color. But did I have to leave to do so?

The percentage of women managers fell even among passive funds, a booming area of the industry that was a hot-spot for female talent.

Communities of color still don’t see enough advisors “who look like them.”

More than a quarter of women in a recent survey say they are confident they will comfortably retire, while almost a third of men voiced the same confidence.