Increasing DEI in Financial Services

Increasing Financial Services Diversity, Equity & Inclusion through Intentional, Actionable and Measurable Solutions

The Financial Alliance for Racial Equity (FARE) was created to increase diversity in the field of financial planning. FARE is a coalition of financial services firms, industry leading organizations and Historically Black Colleges and Universities (HBCUs) working diligently to bring more Black students and professionals into the financial services industry.

+ OUR STORY

Diversity Equity Inclusion

Founded on research, the Financial Alliance for Racial Equity (FARE) was launched by several leading financial services organizations, industry associations and Historically Black Colleges and Universities (HBCUs) in September 2020.

The FARE mission is to increase racial diversity, drive greater equity and foster inclusion within the financial services industry and the communities served.

FARE MEMBERS

Financial Services Organizations

  • Capital Group
  • Federated Hermes
  • Franklin Templeton
  • Huntington Bank
  • M Financial Group
  • Miami Life
  • Nationwide
  • NFP
  • Osaic
  • RBC Wealth Management
  • Swiss Re

Industry Associations

  • American Retirement Association
  • CFP Board
  • Defined Contribution Institutional Investment Association
  • Employee Benefit Research Institute
  • Insured Retirement Institute
  • The American College of Financial Services

HBCUs

  • Hampton University
  • Howard University
  • Lincoln University of Missouri
  • Virginia State University
  • Virginia Union University
  • Winston Salem State University
+ OUR VISION

A Diverse Financial Services Industry

We envision a transformed financial services industry that better serves diverse employees and communities—current and future generations—using actionable and measurable solutions.

+ OUR AIMS

Recruit, Invest, and Sustain

To execute on our mission and vision we developed three objectives:

Recruit

Create awareness of opportunities to attract and retain diverse talent to the financial services industry

Invest

Increase loyalty and retention among early career diverse financial services professionals

Sustain

Help diverse financial services professionals grow in their career and business portfolio

+ STAY IN TOUCH

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Learn More

We are building materials and content to serve you. Are you a student, recent graduate, teacher/mentor, or financial professional? Enter your email below to receive updates from us.

Join our Cause

Would you like to join our cause? Do you represent a financial services company or institution and would like to contact us?