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The asset manager will undergo a third-party audit of its operations following a request from a shareholder.
As part of the settlement, Edward Jones will create a new financial adviser council to address diversity issues and senior management will be kept informed of those initiatives.
In response to employee feedback, the bank is seeking to improve engagement in underrepresented communities and considering allowing employees greater flexibility to work remotely.
In an industry dominated by men, women said they faced challenges early in their careers to prove themselves.
The awards recognize individuals, firms and industry partners that cultivate a diverse and equitable profession.
Opening up the books will put pressure on companies to hire more women and also allow the industry to acknowledge the firms that succeed. There’s no reason for companies to keep investors in the dark about diversity.
Most of the winning workplaces have implemented policies to actively hire and retain a more diverse staff.
Plans administered by women more often include target-date funds, automatically enroll workers and have better plan governance, according to a new report.
The product will initially be distributed by four Black-owned banks, and JPMorgan will share the assets and fees generated with those banks.
Speakers at Women in Asset Management summit say diversity and inclusion efforts can begin anywhere.
These five steps can help leaders effectively manage the challenge of gender bias.
Minority-owned firms have a more challenging road to land funding, without which firms are unable to reach the next level of growth or attract the intellectual capital needed to take on competitors.
The private asset management firm, Ariel Alternatives, aims to build certified minority enterprises that can supply Fortune 500 companies.
Ellevest CEO Sallie Krawcheck goes beyond investment management and traditional financial planning to help female clients be strategic about career paths, salary negotiations and other topics that provide real value.
As society becomes less racially and ethnically homogenous, leaders must develop new skills to support their diverse workforce. This includes acting as mentor, visionary and ally combined
Scarlett Abraham Clarke says high-level diversity and inclusion role is key to driving organizational change.
I will outline three leadership principles and associated tactics that increase diverse representation, expand equity and enhance inclusion.
It’s important to form a pipeline so that younger minorities can be aware of the finance industry’s prospects and become educated on money matters and career opportunities within the finance industry.
Females in leadership work. But,with women making up less than 20% of global leadership teams, there is a clear case for more action to bolster women in leadership in corporate America. If a woman can run a country, why not a Fortune 500 company?
A survey of advisers found that those at firms with racial and ethnic minorities employed in management roles were more likely to say that their firms were inclusive and that they were comfortable broaching diversity issues with senior leaders.
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