Independent broker-dealer Cetera has formed a council for financial professionals that aims to encourage diversity and inclusion in financial advice.
The group, formally known as the Diversity, Equity, Inclusion and Belonging Advisory Council, consists of 12 financial professionals from the Cetera network.
The council will be co-led by co-led by Fanci Worthington, a branch manager at Cetera, and Stephen Oliver, founder of Manhattan Ridge Advisors.
Its primary objectives, the company said in a release, are to raise awareness and advance diversity and inclusion efforts within Cetera and the profession as a whole, to develop financial professional resource groups to provide connection, to increase opportunities for those traditionally under-represented in the financial advice profession, and to connect with local communities through financial literacy outreach programs.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.