Diversity and equality

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.

Fostering a culture that attracts and advances women in the STEM fields is one more way that E-Trade has been a pioneer in the industry.

“Mandatory arbitration could be masking toxic cultures that are tolerating sexual harassment,” says a shareholder activist whose firm prompted Wells’ move

In a new episode of Financial Planning’s In|Vest Podcast, the impact investing consultant explains what prompted her to start collecting accounts of harassment, assault and discrimination.

The fee-only association head tackles challenging issues facing members.

The wealth manager claimed bank management knew a customer had a history of sexual harassment, but allowed him to continue doing business at the branch anyway.

While several tech giants have done away with the clause in the past few years, the process remains widespread on Wall Street, which pioneered it decades ago.

Two prominent female advisors are joining forces to target first-generation wealth builders.