Click here to see why FPA members support diversity.
As the Heart of Financial Planning™, Financial Planning Association® (FPA®) is dedicated to providing knowledge, advocacy, community, and leadership to all those who need, support and deliver professional financial planning. FPA believes that everyone, no matter what their situation or economic status, can benefit greatly from the experience and advice of a competent, ethical financial planner.
FPA seeks to raise awareness and promote an environment that embraces diverse communities – of consumers and professionals. In so doing, FPA strives to increase opportunities and access for the widest spectrum of people so that all may join, collaborate and thrive within an inclusive financial planning community.
- FPA appreciates and embraces a diversity of people, ideas, skills and life experiences including but not limited to; age, race, ethnicity, gender, and sexual orientation.
- FPA embraces professionals from all business/compensation models, educational backgrounds, and geographic regions to meet the unique needs of the clients they serve.
- FPA strives to create opportunities for all people to have access to competent and ethical financial planning advice.
- FPA values and respects the uniqueness of individuals and the varied perspectives and talents they provide.
- FPA believes that diversity of its membership is critical to serving a diverse public, and is committed to helping create a world where everyone thrives and prospers.
Join the Discussion! For information about getting involved with FPA Diversity Committee, email FPADiversity@FPAnet.org
FPA Diversity Scholarships
The FPA Diversity Committee developed a merit-based scholarship program to sponsor Diversity Scholarship award recipients to attend a FPA national conference, collaborate with the FPA community, and promote inclusivity and creativity within the financial planning profession.
The scholarship is available for the following national conferences:
- FPA Business Solutions
- FPA Retreat
- FPA Annual Conference
InvestmentNews Features one of our 2011 Diversity Scholarship Winners, Lazetta Braxton.
Apply here for the 2012 Diversity Scholarship
FPA 2011 Diversity Summit:
View the 2011 Diversity Summit Slide Presentation
Listen to the 2011 Diversity Summit Recording
Making a Business Case for Diversity and Inclusion
One of the potential causes of the Great Recession was risk concentration—especially in the financial talent pool. Although there is no silver bullet for recovery, one approach showing the most promise is creating a more inclusive financial ecosystem:
- Engaging a broader talent pool to provide competitive advantage and increase revenue
- Tapping an increasingly diverse multicultural marketplace
- Driving innovation with new products and services that reduce risk and increase alpha
- Connecting on a deeper level with existing clients by better addressing their unique needs
- Understanding Gen Y and creating the foundation for intergenerational wealth
- Diversity management is not just about gender and race relations: it’s about leveraging different ideas, perspectives, backgrounds and experiences to achieve the best possible outcome.
INSPIRATION
How did SunTrust make generate more than $1 million dollars during the Great Recession?
Learn from Chief Diversity Officer Rita Izaguirre how SunTrust turned diversity and inclusion into a profit center by tapping the passion of diverse employees and implemented targeted business strategies to:
- Women
- Disabled
- GLBT
IDENTIFICATION
What are the major obstacles financial firms are facing in creating more diversity and inclusion in their ranks? Hear from a panel of financial industry professionals, including MetLife and Wells Fargo.
IMPLEMENTATION
How does a firm take the best of what diversity and inclusion has to offer and operationalize it? What is the road map to turning a “mission” into meaningful action?
Pam Arnold, executive director of the American Institute for Managing Diversity, will take you step-by-step through:
- Identifying how diversity can be foundation for success and better performance: individually and collectively
- Understanding diversity management principles and how to put them into practice
- Anticipating, understanding and managing the needs and issues that emerge from an increasingly diverse marketplace
- Measuring results from your effort
