CFP Board Releases DEI Report on Retention Strategies
WASHINGTON, May 18, 2023 /PRNewswire/ -- CFP Board Center for Financial Planning ("Center") today published a new report titled " Creating a DEI-Driven Culture of Retention in Financial Planning: Lessons Learned from Industry Leaders ."
- WASHINGTON, May 18, 2023 /PRNewswire/ -- CFP Board Center for Financial Planning ("Center") today published a new report titled " Creating a DEI-Driven Culture of Retention in Financial Planning: Lessons Learned from Industry Leaders ."
- The report highlights core strategies that firms can use to retain and advance diverse recruits, including case studies from Abacus Wealth Partners, Charles Schwab and Edward Jones.
- The report outlines DEI best practices for retention in the financial planning profession, including vision articulation, equitable hiring, leadership development, career paths and succession planning, professional development, and measurement and accountability.
- "Shaping workplace culture is challenging but vital," said Dawn Harris, Director of Diversity & Inclusion at CFP Board.