Estimated reading time: 1 minute, 3 seconds

The racial wealth gap is growing wider in America, with whites more likely to own a home than Blacks and Hispanics. For Black Americans, in particular, it is difficult to accumulate wealth. So reports Forbes

wall street 264381 640 smallDana L. Wilson has made it her mission to do something about the disparity. A New York City-based investment advisor and Wall Street veteran, Wilson created Changing How Individuals Prosper (CHIP) “to transform diversity and inclusion in the industry.”

“Right now it’s a platform that’s functioning as a database of Black and brown financial advisors and certified financial planners’” Wilson tells Forbes. “So, really right now, we’re building out our professional database so we’re looking to get as many financial advisors and certified financial planners of color on the platform. Once we get to our goal number, we will release it to the public”

Wilson says CHIP is important because “it’s really hard to be able to build out a business when you don’t have the support, when you don’t see people that look like you sitting in those seats, sitting in those senior management positions…it becomes even more difficult when you’re trying to make your goals and deadlines…”

Read the full article from Forbes.

Read 151 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline