Edward Jones is making a $1 million contribution to the National Urban League and a $200,000 contribution to the St. Louis Urban League.
The purpose of the contribution is “to provide economic empowerment, educational opportunities and the guarantee of civil rights for people of color and underserved urban residents in America,” the St. Louis, Mo.-based company said in a release.
As part of what it described as a five-point commitment to address racism and positively impact opportunities for people of color, Edward Jones said it will also conduct an analysis of pay in its home offices to assess how associates are compensated and take any necessary actions.
It outlined the program’s five points: Giving everyone a voice; continuing its focus on equitable hiring, training, promotional practices and policies; conducting an analysis of pay; continuing racial-equity training and anti-racism personnel policies; and supporting organizations and programs important to its clients, colleagues and communities.
To build a truly self-sustaining practice, enterprising advisors have to start with a vision of what they want to be – and accept the realities that come with building toward it.
Serial acquirers add a 35-year-old Oregon wealth manager and a New York practice focused on women navigating life transitions.
Mara Glassel and Julie Fox will co-lead the fast-growing hybrid RIA’s ultra-high-net-worth and private wealth businesses.
The banking giant's wealth arm extends its revenue streak as it pushes to exit consent orders weighing on growth since 2020.
New Allspring research finds 401(k) participants want guidance on income and rollovers, not just portfolio automation.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
