In an effort to increase financial conference diversity, a California-based group, Choir, has used a proprietary algorithm to create a benchmark measuring how diverse an event’s speakers are.
The benchmark, known as the Choir certification, uses the data to “provide leadership teams and event organizers with actionable guidance to maintain diverse and increasingly representative speaker lineups year over year,” the group said in a release.
Choir’s core mission is “to lift the voices of women, people of color, and non-binary people who have often been historically excluded and ignored across all sectors of the financial industry,” according to the release.
The group’s algorithm determines the visibility of each speaker using seven visibility factors, including stage visibility (main stage versus breakout, for example), the number of concurrent sessions, and the number of panelists, among others.
“Visibility factors are cross-referenced with race and gender data for each speaker, with an additional metric accounting for the multiple levels of discrimination that women of color face, then aggregated to create the Choir score,” the release stated.
Choir was founded by Liz Gagnon, a media relations executive, and Sonya Dreizler, who speaks and writes about diversity issues in financial services and is the former CEO of a broker-dealer and RIA.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management