September 2023

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September 2023 Newsletter

Register for HBCU Live: In The Black

FARE will host the second annual in-person HBCU Live event on September 13-14 in Washington D.C. The event will feature a career fair and breakout sessions for HBCU students, alumni and black professionals looking to explore opportunities available in the financial services industry. FARE firms, industry partners and HBCUs are invited to send representatives to the event to network with attendees.

A Message from the FARE President, Kristi Rodriguez

Last month, FARE hosted a special session for FARE mentees and mentors during the annual Conference of African American Financial Professionals (CAAFP) , the nation’s premier professional development conference for Black and African American financial professionals, sponsored by The American College of Financial Services.

Click below to read Kristi Rodriguez’s high-level takeaways for FARE mentees and to view photos from the session.

Scholarship Spotlight

FARE CFP Board Diversity Scholarship winners announced

Seven diverse students and professionals were awarded the FARE CFP Board Diversity Scholarship in June!

The scholarship awards up to $5,000 per recipient seeking to complete a certificate-level CFP Board Registered Program, and up to $7,000 per recipient seeking to complete an undergraduate-level CFP Board Registered Program, which would qualify them to sit for the CFP® exam.

FARE News

FARE names inaugural Board of Directors

Please join us in formally welcoming FARE’s Board of Directors to provide strategic direction and help FARE continue to advance our mission. The FARE Board of Directors will provide fiduciary oversight of the Financial Alliance for Racial Equity (FARE), as well as ensure effective strategic planning, financial management, and organizational effectiveness through strong governance.

Federated Hermes recently joined the FARE Coalition

Federated Hermes, Inc. NYSE: FHI) is a global leader in active investing, with $704.0 billion in assets under management, as of June 30, 2023.

Focused on meeting the diverse and evolving needs of today’s investors, Federated Hermes offers world-class investment management and engagement services. Their products span equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies and a range of separately managed accounts, distributed through institutions and intermediaries worldwide.

Welcome to the FARE Coalition, Lori Maroni, Kimberly Miller, and the entire organization at Federated Hermes!

FARE named a ThinkAdvisor LUMINARIES Class of 2023 Finalist

FARE is nominated for the 2023 ThinkAdvisor LUMINARIES award in the Community Impact – Firm category. Congratulations to the following FARE members and partner organizations for being nominated in categories for thought leadership, education, executive leadership and community impact. *Winners will be announced on November 28, 2023 in New York*

  • Osaic
  • CFP Board
  • Diversitas, Barry Mulholland
  • Franklin Templeton
  • Nationwide
  • The American College of Financial Services

Industry Updates

The American College hosts the Black Executive Leadership Program

Cohort 3 of the Black Executive Leadership Program kicked off on March 16-17 at the OneAmerica Tower in Indianapolis, IN and concluded on June 22-23. The second cohort was held at the Truist headquarters in Charlotte, NC from October 2022 – February 2023. Over 60 professionals participated in the 2023 program, an initiative of The American College Center for Economic Equality & Empowerment.

Photo credits: Chris Jenkins of Charlotte Vibe Photography

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