Stay up-to-date on the latest industry news and information.

July 1, 2017 | Insurance News Net Magazine

Unconscious Bias Hinders Efforts To Diversify the Advisor Force

By: Jocelyn Wright

According to the report “The Real Effects of Unconscious Bias in the Workplace,” several unconscious biases present in the workplace are: affinity bias, halo effect, perception bias, confirmation bias, and group think.

June 14, 2017 | InvestmentNews

American College's Jocelyn Wright: Ways to Increase Diversity in the Financial Advice Industry

The average adviser is a 50-plus white male, but there are concrete steps advisers and their firms can take to increase diversity, according to Jocelyn Wright, chair of the State Farm Center for Women and Financial Services at The American College.

June 1, 2017 | Insurance News Net Magazine

Help Abused Women Reach Financial Freedom

By: Jocelyn Wright

Here are a few tips that experts recommend for what to do if you or someone you know is involved in a financially abusive relationship

May 18, 2017 | Refinery29

The Best Money Advice When You Don’t Have Any Money

By: Judith Ohikuare

If you don't have a lot of money to spare and want to get on the right track, focus on covering all of your bases instead of investing in the next hot startup or buying property. Clear your immediate financial hurdles out of the way before aspirational investments (those can come much later), through earning more and managing what you do have better, and you'll be a lot better off.

May 11, 2017 | Financial Advisor Magazine

Can New Initiatives Put Women In The Advisor Pipeline?

By: Christopher Robbins

Jocelyn Wright pointed out that women cannot create a more equitable industry on their own. As more woman advisors seek to create similar initiatives within their firms, they will have to seek and encourage assistance from male allies.

May 9, 2017 | MarketWatch

Why There Should be More Minority Financial Advisers

By: Alessandra Malito

The financial services industry is lacking diversity, in all sorts of ways. About 30% of personal financial advisers were women in 2016, according to the Bureau of Labor Statistics, but the numbers are even lower for minorities: only 6% of all advisers were black, 7.7% were Asian and 7.1% were Hispanic.

May 1, 2017 | Insurance News Net Magazine

Helping African-American Clients Bridge the Wealth Gap

By: Jocelyn Wright

While Americans in general are severely underfunded for retirement, black Americans in particular lag even further behind. In fact, almost 75 percent of African-Americans have less than $10,000 in retirement savings, compared to just 48.6 percent of white Americans.

April 25, 2017 | Financial Juneteenth

Did You Know There’s A Need For More Black Financial Planners?

By: Ryan Velez

There has been a long-time call for more African-American professionals in a variety of fields, ranging from medicine to education. Black Enterprise has a recent article calling attention to an area with a dearth of Black professionals that rarely gets much attention: financial services, planners in particular.

April 24, 2017 | Black Enterprise

We Need More Black Financial Planners

By: Robin White Goode

There is a growing wealth gap in our country, as well as a looming retirement crisis, particularly in the black community. There is a correlation between having more advisers in the profession and more empowerment around our finances.

April 4, 2017 | Black Enterprise

Scholarship Alert: The American College of Financial Services

By: Robin White Goode

The nation’s only nonprofit, accredited college devoted to financial services has begun a scholarship program with the goal of increasing the number of African American financial advisers. The scholarship fund is part of a larger effort to double the number of black financial advisers over the next decade.

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