Have A Question, Comment, or Request?

Connect With Us!

All Rights Reserved

The financial planning industry is overwhelmingly white (and male). Only 1.8% of just over 92,000 certified financial planners identify as Black or African-American, according to data from the CFP Board, the nonprofit group that sets the standards for the CFP credential, the gold standard of individual planner designations.

Among those 1,652 professionals, Frank Paré, 58, is widely considered a thought leader and repository of historical knowledge about the emergence and evolution of diversity, equity and inclusion issues in the wealth management industry. He started as a stock record clerk at Charles Schwab in San Francisco in 1990, handling customer documents in storage vaults. Then he shadowed traders on Schwab’s equity trading desk, later becoming a compliance analyst for the discount brokerage. In 2001, he became the head of compliance at wealth management firm Loring Ward (which was later acquired by Focus Financial Partners and merged with Buckingham Strategic Wealth).

Check out the rest of the article here: https://www.financial-planning.com/news/frank-pare-talks-about-diversity-in-wealth-management

Scroll to Top

Welcome To The Wealth & Equity Agent Portal

If you’ve yet to join, click the button below to access the sign up form.

Kindly send us your comments, question, success stories, and events… and share this Global Portal with your colleagues and professional contacts.

Let’s come together to empower Black families,
support Black financial advisors, and transform Black communities!

Have You Setup Your Profile Picture?

Preferred 500 x 500 headshot in png or jpg format. Refresh the page in order for the change to reflect. (Keep the size under 1 MB.)

You must be logged in to edit your profile.