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The words diversity, equity and inclusion, or DEI for short, have turned into a political lightning rod that is absorbing repeated shocks in an ongoing storm.
Bạn đang xem: Top wealth management news stories about DEI in 2024
Many of the same conservatives who view DEI and another previously noncontroversial acronym — ESG, or investing with environmental, social and governance goals — with similar skepticism toward so-called woke liberal political motivations are cheering President Donald Trump’s impending return to the White House next year.
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Financial advisors are certainly participating in those efforts by calling into question the notion that DEI brings
There are “a lot of systemic issues” playing into disparities such as the fact that only about 24% of
“We need more firms who can give real career paths to folks where their metrics are not just, ‘How many dollars of AUM did you bring in?’ but their metrics are, ‘How are you serving the clients?'” Moore said.
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The dilemma for 2025 in the industry, though, will revolve around the degree that efforts to promote inclusion in an industry with a legacy of
“Americans have sent a powerful message at the ballot box,” Jeremy Tedesco, ADF’s senior counsel and senior vice president of corporate engagement, said in a statement last month. “They’re tired of divisive ideologies like DEI that pit people against each other because of their skin color or deeply held beliefs. Corporate leaders need to learn this same lesson.”
For many wealth management professionals, however, the need to expand access to the tools of investing and rewarding careers has never amounted to voting for one candidate or another. Somewhere in that murky picture, the struggles
To see more than 50 pieces from the past year that explored topics related to diversity, equity and inclusion, scroll down the slideshow. For last year’s list,
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Danh mục: News