Again this week, the United States finds itself riven by racial inequities, this time as a result of the suffering experienced by Jacob Blake and his family. This week’s issue of InvestmentNews focuses on diversity and inclusion, and that timeliness is unfortunate, but it does provide an opportunity to highlight the fact that consistent support is key to progress on diversity and inclusion.
Corporate America has taken the lead on social progress in recent years, and the firms and individuals featured in this issue have a common theme: They view diversity and inclusion as a core strategy; they have done so for years, not months; and they have seen the benefit and power of an inclusive workplace.
Several firms I spoke to in preparing this issue noted that in the aftermath of George Floyd’s death, they were able to leverage existing programs so that they could have important conversations among their staffs. One anecdote that struck me was the story of a 15-year employee who shared the history of their name, for the first time, in a session set up to enable the company to hear stories of inequity.
Our Lifetime Achievement Award winner, Margaret Starner, emphasizes in her chat with Nicole Casperson that discipline and sticking to her plan were key to her success.
It’s time we all apply that level of discipline to this urgent effort, so that we can break this disheartening cycle.
“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award to the State,” Justice Peter Moulton wrote, while Trump will face limits in his ability to do business in New York.
Sieg, 58, was head of Merrill Wealth Management, left in 2023 and returned that September to Citigroup, where he worked before being hired by Merrill Lynch in 2009.
Technology can do a lot of things, but advisors still have undeniable value
Two longtime RIA industry figures have joined the board of directors at TaxStatus, a fintech company that garners thousands of IRS data points on clients to share with advisors for improved financial planning oversight and time savings.
Morningstar's analysis found that the WISH Act would have a positive impact on reducing the shortfall of funds retirees will experience, with the largest impact on single men and women.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
