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Financial Considerations for BIPOC
Historically, Black, Indigenous, and People of Color (BIPOC) have participated in investing and financial planning at lower rates than White Americans. This can be attributed to past barriers to participation in investing, disparities in wealth by race and ethnicity, limited financial wellness knowledge, and the financial planning industry’s lack of diversity as it has historically been a White male dominated industry. With the ongoing reduction of barriers taking place, such as more diverse financial planners, low-cost investment options, and self-servicing apps, BIPOC are participating in investing and financial planning at increased rates. Join us to learn more about creating Wealth Through Financial Planning, which will provide great tips for many individuals regardless of race or ethnicity.

Ara Diloyan and Will Cooper will discuss:
Statistics regarding wealth gaps by ethnicity
The importance of investing
Suggested tips for improving financial wellness
 
Source: Bhutta et. al (2020), Disparities in Wealth by Race and Ethnicity in 2019 Survey of Consumer Finances, The Federal Reserve

Jun 22, 2021 12:00 PM in Eastern Time (US and Canada)

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