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Pro bono paradox: Fewer FPA advisors volunteer, but they reach more people

Pro bono paradox: Fewer FPA advisors volunteer, but they reach more people
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

Cerulli Report: Small Gains Made in Advisor Diversity

Report: Small Gains Made in Advisor Diversity Women and people of color are still grossly underrepresented in the advisory industry compared with the broader population, according to new Cerulli Associates data. Over the summer, trade groups and companies in the wealth management space were quick to issue public statements in response to the widespread protests over racism that took place across the country, as well as regarding broader issues of inequality that persist across the industry. Some firms used it as an opportunity for deeper introspection, and many firms did take actionable steps beyond simply writing a check or issuing statements to address racism in the country and the underrepresentation in this industry.

CFP Board, Foundation for Financial Planning Honor Utah Valley University with 2020 Pro Bono Award

CFP Board, Foundation for Financial Planning Honor Utah Valley University with 2020 Pro Bono Award Award Salutes Higher Education Institution for Outstanding Pro-Bono Efforts in their Community News provided by Share this article Share this article WASHINGTON, Dec. 15, 2020 /PRNewswire/  Certified Financial Planner Board of Standards, Inc. (CFP Board) and the Foundation for Financial Planning (FFP) today announced that Utah Valley University (UVU) was presented with the 2020 Excellence in Pro Bono Award. The award recognizes the 2019 accomplishments of the UVU Money Management Resource Center (MMRC), through which volunteer students provide free financial coaching for other UVU students. More than 4,500 pro bono activity hours were completed by 45 UVU students, with an estimated 760 one-on-one sessions held with pro bono clients.

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