CFP Board Center for Financial Planning releases diversity report

WASHINGTON, February 16, 2022 /PRNewswire/ — The CFP Board Center for Financial Planning (“Centre”) today released a new report titled “Metrics that Matter: Best Practices From Diversity, Equity and Inclusion Practitioners and Academics.” The report is comprised of five articles that discuss the importance of metrics for diversity, equity and inclusion (DEI) work for individual financial planners and businesses.

The financial planning profession will benefit from the best practices shared by academic and practitioner authors, who have drawn on their unique research and experiences for the articles. Articles include ideas for individuals, such as key traits of inclusive leaders. And they include practical advice for businesses, such as frameworks for quantitatively measuring the progress of diversity initiatives and guidelines to help identify the right metrics that benefit the communities DEI programs are meant to impact.

“Enhancing actionable solutions that advance workforce diversity is part of our commitment to increasing the diversity of CFP® professionals to better serve the increasingly diverse American public,” said the CEO. of the CFP Board Kevin R. Keller, CAE. “These articles are solid examples for financial planning professionals and businesses to learn from and follow.”

Featured items include:
Indicators of inclusive leadership: the issue of self-awareness
Ella Bell Smithdoctorate from Dartmouth College

Measurement framework: fairness, equity, diversity and inclusion
Stefanie Johnsondoctorate from University of Colorado Boulder

Starting a DEIB Journey: The Wealthspire Story
Laura BarryCFP®, CeFT® and crystal coxMBA, CRPC®, CFP® from Wealthspire Advisors

DEI Signal: Diversity, Equity and Inclusion Manager Assessment
Lisa Shalette; Emily G. ThomasCFA; Adrian ParrisCFA, CAIA; Steve Edwards, CFA; and Emily M. Feczko by Morgan Stanley

Want more diversity among asset managers? Reassess due diligence processes using metrics that Question
Rachel J. Robasciotti of Adasina’s share capital

“We hope that financial planning professionals will find inspiration in the report for their own DEI journeys,” said the Center’s Managing Director. DA Abrams, CAE. “Important work remains to be done at the individual, company and profession level, and the authors share strategies and tactics that have proven effective in driving positive change.”

The best practices described in the articles were first showcased at the Centre’s 2021 Diversity Summit. These annual Diversity Summits bring together businesses, academic institutions, partner organizations and CFP® professionals in a collective effort to create a more diverse profession through research, case studies, best practices and actionable initiatives.

“Metrics that Matter: Best Practices From Diversity, Equity and Inclusion Practitioners and Academics” is available for download here.

ABOUT THE CFP COUNCIL
The Certified Financial Planner Board of Standards, Inc. is a professional body for personal financial planners in the United States. The CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. . CFP’s Board of Directors, along with its Financial Planning Center, is committed to increasing public awareness of the CFP® certification and access to a diverse, ethical and responsible financial planning workforce. competent. Widely recognized by businesses as the standard in financial planning, the CFP® certification is held by more than 90,000 people worldwide. United States.

ABOUT THE CFP BOARD CENTER FOR FINANCIAL PLANNING
The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together professionals, businesses, educators, researchers and CFP® experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that provides opportunities to conduct and publish new research that adds to the plan a body of knowledge.

SOURCE Certified Financial Planner Board of Standards, Inc.