Nearly 90% of Black college students considering a financial services career report they believe there are challenges that specifically affect Black advisors and financial professionals in the industry today, according to new research conducted by the Nationwide Retirement Institute®.

This sentiment is echoed by current Black advisors and financial professionals, with 87% agreeing Black professionals will face distinct challenges. Together, these and other findings from the RISE Research (which stands for Recruit, Invest, Sustain, Evolve), help paint a picture of the barriers to entry and growth facing Black advisors and financial professionals today. The Nationwide Retirement Institute® initiated the RISE Research to identify insights that lead to actionable solutions to increase the number of Black advisors and financial professionals and improve their opportunities for success.

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