CFFP #03 - Creative Ways to Address the Lack of Color in Financial Services ft. Bob Veres

Published: Feb. 17, 2021, 9:37 a.m.

b"Today we have Bob Veres. Bob is editor and publisher of the Inside Information guide to trends and innovations in the financial planning profession, author of The New Profession, and for 20 years was a contributing editor and columnist for Financial Planning magazine. He is also an award-winning journalist, including the Jesse H. Neal Award from the American Business Media.\\xa0\\n\\xa0\\nToday\\u2019s topic of conversation is a big one. It\\u2019s about a tender topic...race.\\xa0 The discussion has begun and won\\u2019t finish with this podcast.\\xa0 We will get Bob\\u2019s perspective on the persistence of the lack of diversity and inclusion in this industry for so long.\\xa0\\xa0\\n\\xa0\\nBob also discusses the future of the advisor/client relationship in the future, the wealth gap that exists in our society, and ways it can be narrowed and/or eliminated altogether.\\xa0\\n\\xa0\\nShow Highlights:\\xa0\\nBob\\u2019s thoughts on the industry mainly being skewed towards a certain demographic and why it is such an issue not only for the provider of the financial services but particularly the consumer financial services (03:43).\\xa0\\nWhy is there still such a divide and discomfort level in 2020 within the industry? (06:23)\\nBob\\u2019s recommendation for solutions to fix the wealth gap with financial planning; how underserved communities can access financial planning at scale. (11:36)\\nBob\\u2019s idea of a department for financial planning at HBCUs. (13:03)\\nBob\\u2019s advice and recommendations on what services advisors should be offering and the future of the industry (15:33)\\xa0\\nBob\\u2019s thoughts on the brokerage/wirehouse model. (20:31)\\nRapidly evolving brokerage firms and the evolution of the financial industry (21:09)\\xa0\\nEnjoying your investments along your journey (22:40)\\xa0\\nBob\\u2019s words of wisdom for the next generation of financial professionals (32:30)\\xa0\\n\\xa0\\nResources:\\nRead the blog.If you'd like to connect with Bob, click here.\\xa0 To download a copy of Bob\\u2019s 2020 Inside Information Fee Survey, click here.\\nAre you a current or aspiring financial professional?\\xa0 Click here to receive tools that will help you become a next-generation financial professional!\\nWatch a video clip of this episode on our YouTube channel by clicking here.\\nTo receive a newsletter digest of Jumpstart community happenings, click here.\\nSubscribe to the podcast by clicking here.\\nWant to connect with me? Join my exclusive \\u201ctribe\\u201d by clicking here.\\nThanks again for listening, reading, and watching!"