Newsletters

May 2024

Registration is Open for HBCU Live 2024!

Wednesday, September 18 | Howard University’s Blackburn University Center

Join us for our third annual HBCU Live, the premier networking experience for diverse professionals seeking to enter the financial services industry. This year’s event at Howard University will blend HBCU culture with insightful workshops and networking sessions.

Attendees can expect to receive:

Engaging breakout sessions designed for HBCU students, alums, and Black professionals
A dynamic career fair showcasing opportunities in the industry
Collaborative networking opportunities for FARE firms, industry partners, and HBCUs representatives.

Nicole Ridley’s Op-Ed Featured on WealthManagement.com

Dive into an insightful article by Nicole Ridley, our Head of Operations at FARE, where she shares her inspiring journey! Passionate about Black, Brown, and underserved markets, Nicole is committed to transforming the financial services industry to better serve diverse employees and communities through programs like FARE’s HBCU Mentorship Program. With a background in mentorship and advocacy, she dedicates herself to driving meaningful change.

Read the full article to learn more about Nicole’s vision and FARE’s impactful initiatives.

FARE Announces New Board Members

We are delighted to welcome three new members to our board of directors:

Rhonda Burns, Associate Vice President of Diversity, Equity, and Inclusion at Nationwide
- Click here to view the announcement.
Kizmet Moore, Assistant Vice President of Diversity, Equity, and Inclusion at NFP, An AON Company.
- Click here to view the announcement.
Aiyisha Adams, Vice President of Advisor Engagement at Osaic.
- Click here to view the announcement.

Please join us in warmly welcoming our new board members to the FARE family as we continue our journey toward a more equitable future.

Inspiring Financial Futures: Insights from Erika Goodwin

In her compelling article “The First, but not the Last,” Erika Goodwin shares the inspiring story of her sister’s diligent savings habits, which enabled her to retire on her own terms—a rare achievement in many Black American families. Erika emphasizes the critical role of workplace retirement plans and culturally competent financial advice. She also highlights the American Retirement Association’s Nourishing Our Wealth mentoring program, which aims to increase the number of Black professionals in the retirement planning industry.

Congratulations to our FARE Student Graduates

FARE celebrates the achievements of the following student graduates:

NaKyla Comer
- FARE HBCU: Winston-Salem State University
- Major: B.S. Economics
Déja Daniel
- FARE HBCU: Howard University
- Major: B.A in Criminology, B.A. in Spanish Summa Cum Laude
JeMel Rankins
- FARE HBCU: Howard University
- Major: B.B.A in Finance Cum Laude

Click their names to view the LinkedIn profiles of these talented individuals who have worked hard to reach this milestone. Join us in congratulating them as they embark on their next chapter.

FARE Featured on DEI Panel at Franklin Templeton Conference

FARE Members continue to be recognized by their organizations and in the media for their accomplishments. To submit an accomplishment, please email mwilliams@thefare.org.

FARE Member Provides Actionable Steps to Bridge the Wealth Gap

In a recent article, Kizmet Moore, AVP of Diversity & Inclusion at NFP, An AON Company, highlights financial advisors’ pivotal role in empowering underserved communities and addressing inequality. The article delves into the significant wealth gap affecting Black and Hispanic communities in the United States, underscoring the urgent need for enhanced financial education and resources. By bridging these gaps, advisors can help foster economic stability and growth, ensuring equitable access to financial opportunities for all. Dive into the entire article to learn more about the strategies and initiatives to close the wealth gap and promote financial literacy.

FARE Featured on DEI Panel at Invest in Women Conference

Shevawn Adams, senior manager for business enablement at RBC Wealth Management, a FARE Member Firm, participated in a panel titled “Addressing Diversity: Opportunities and Challenges Within the Wealth Management Industry.” She stressed the importance of inclusive hiring practices and initiatives, such as RBC’s pilot program to source interns from historically black colleges and universities.

“If you are not engaging with diverse communities, you are leaving money on the table,” the panelists said.

FARE Industry Partner DCIIA Honored with Vision Award

We are proud to announce that the Defined Contribution Institutional Investment Association (DCIIA), a FARE Industry Partner, has been honored as a PLANADVISER 2024 Vision Award Winner. This award recognizes DCIIA’s leadership in enhancing retirement security for U.S. workers and retirees. Founded in 2010, DCIIA promotes diversity, equity, and inclusion and drives innovative research and best practices in retirement planning. Congratulations to DCIIA for their outstanding contributions to improving retirement outcomes for millions of Americans.