Share 'Lack of Diversity in the Financial Planning Industry'

In 2002, the Certified Financial Planner Board of Standards (CFP) collected demographic information from 21,911 CFP holders. As cited in the Journal of Financial Planning, about 5% of the respondents were nonwhite, with 0.94% identifying as African American, 2.42% as Asian American, 1.03% as Hispanic, 0.25% as Native American and 0.5% as other. Jina Martingano, a CFP spokeswoman, could not con...