Building an inclusive practice: Unlocking diversity capital
Growth is no longer just about acquiring assets. In fact, as the population in need of financial advice grows and diversifies, so, too, must the advisory teams that serve them. To grow into the future, you need a clear plan to meet the challenges of shifting wealth demographics—your future clients. And it’s not just about client acquisition. Diverse perspectives and an inclusive culture can lead to greater innovation, more effective decision-making, and better results for your business.
Inclusive teams make business decisions 2x more quickly and with better results 87% of the time1
Source: 1 Forbes, “Diversity + Inclusion = Better Decision Making At Work”. 2017
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Podcast 33: Diverse Thought, Endless Possibilities
When a society embraces cognitive diversity, powerful outcomes can result. In this episode of The Active Share, Hugo sits down with Matthew Syed, a best-selling author, highly acclaimed speaker, and award-winning journalist, to discuss what it means to think in complex ways; the implications of moving away from group think; and how investors can benefit from diverse cultures and voices.
Dimensions & Insights: Your growth story includes DEI
Today’s competitive and disruptive environment requires diverse thinking and problem solving. Diversity, equity and inclusion (DEI) practices create a platform for differentiation, competitive advantages for firm performance and resiliency, and add to an asset manager’s bottom line and growth.
Six Keys to Extraordinary Teamwork
Whether you are building, joining or looking to improve your financial advisory team, the goal should be to create something that adds up to more than the sum of its parts. Michael Futterman, Head of Knowledge Labs® Professional Development, outlines six considerations that are critical to establishing a healthy team dynamic.