The Globe and Mail Deanne Gage Published January 22, 2021 Adriano Valentini/The Globe and Mail While women have made strides in increasing their representation on company boards of directors in Canada in recent years, it’s a different story for people of colour, notably Blacks. According to a report the Diversity Insitute at Ryerson University’s Ted Rogers School of Management published in August, 2020, Black executives are “deeply underrepresented” on boards and vastly outnumbered by other racialized groups. Although there are no statistics on the number of financial advisors who serve on boards, the representation among Black advisors is minimal, says Michael Collymore, a certified financial planner (CFP) at IPC Investment Corp. in Ajax, Ont.