Racial bias

“Especially in this time when we are thinking, ‘Is there going to be a shortage of opportunity,’ in comes this one. It’s put a lot of fire in me to learn as much as I can,” says new college graduate Kameron Kindle.

The firm said in a post on Twitter that it "has zero tolerance for racism and discrimination of any kind."

Evidence suggests some minority-owned businesses can’t access loans, and the Trump administration is under pressure to report borrower demographics. The issue is gaining attention against the backdrop of protests over the George Floyd killing.

"We have to redouble our efforts to make progress," Brian Moynihan said a day after the bank pledged $1 billion over four years to try to address racial and economic inequality.

An advisor whose family has been “irrevocably harmed by police brutality” calls on industry peers and their clients to spark positive change.

The data on Black and Latino advisors helps track the industry’s progress amid nationwide Black Lives Matter protests.

“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.

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.

Denika Tokunaga says breaking into the profession can be difficult if you don’t fit into the traditional image of a financial advisor. Here’s how she did it.

It’s vital that planners recognize how women’s planning needs are different from men’s — while being careful not to lump them into a singular group.

A former employee suing the firm for racial discrimination says he was not properly notified of changes in how Morgan resolves disputes.

The lawsuit accused JPMorgan of sending white advisors to wealthier places while assigning black colleagues to less lucrative branches and denying them opportunities.

Ex-employee charges that African-Americans are denied opportunities at the brokerage giant in a climate of institutional discrimination.

As a PNC executive, Nicole Perkins looks at her position as a role model and thinks of it as "giving back or paying forward, however you look at it."

The bank subjected the advisor to disparate treatment and made conditions so intolerable that he had no choice but to leave, the advisor claimed in a lawsuit.

When the CFP Board surveyed members on the stark lack of diversity in the profession, opinions on the root causes of the problem were split along racial lines.

The firm says former employee John Lockette agreed to have disputes heard in a private forum when he did not take advantage of an opt-out provision.

A company’s refusal to hire a candidate because their work authorization papers will ultimately expire “may constitute illegal discrimination,” according to the Department of Homeland Security.