Like many other industries, the world of wealth management has spent the past 12 months tackling diversity and inclusion (somewhat) head-on after generations of sidestepping the conversation.
Built on promises by industry leaders in 2020 to provide opportunity and plant seeds for a more inclusive environment in the years to come, new initiatives were launched in 2021 with the goal of attracting and retaining diverse talent.
But with every new DEI announcement, the sobering reality of the industry’s lack of progress became evident, be it in the form of data highlighting how few women and minorities ascend to the highest rungs of the biggest firms, or advisor activity barring Black applicants from consideration, these moments remind everyone how much work still needs to be done.
Scroll down to see how the Financial Planning team has covered matters of race, diversity and inclusion in 2021.