Minority communities want more minority advisers, survey finds

Published Updated 3 Min Read

An overwhelming majority of Hispanic and African-Americans say that financial services firms need to hire more diverse staff, according to a survey conducted by Harris Interactive on behalf of Edward Jones.

About two-thirds of those polled, and more than three-quarters of Hispanic and African-Americans respondents, said that a firm’s advisers should more closely resemble their client base. Despite the need to recruit more diverse staff, minorities have long been underrepresented in the profession.

Andrew Welsch
Former Managing Editor

Andrew Welsch is a former managing editor of Financial Planning.


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form