Survey: Advisers more proactive about adding diversity

Survey: Advisers more proactive about adding diversity
By the numbers: Here's a closer look at what's being done to make a difference.
AUG 04, 2018
A lack of diversity in the financial advice business is a problem
My firm actively pursues recruiting minorities for client-facing positions
The minority community 
is underserved by 
financial advisers
2015
2018
Yes
No
Don't know
62%
Portion of 2018 InvestmentNews Best Places to Work for Financial Advisers winners who offer domestic partner benefits
10%
Portion of 2018 InvestmentNews Best Places to Work for Financial Advisers winners who employ programs or practices to recruit and retain members of the disabled community
A lack of focus on 
racial diversity at my firm makes it more difficult to build 
a racially diverse 
client base
"We provide interview training 
for employees to understand 
and avoid unconscious bias during 
the hiring process."
Response of one 2018 InvestmentNews Best Places to Work for Financial Advisers winner when asked whether their firm has practices in place to actively recruit employees of varying ethnic and cultural backgrounds
If my firm were more diverse, it would be more innovative
Sources: 2015 InvestmentNews diversity survey of 739 participants in July/August; 2018 InvestmentNews diversity survey of 430 participants in July; 2018 InvestmentNews Best Places to Work for Financial Advisers survey of 50 winning companies in March.

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