Growing a Diverse Team and Practice
As the United States becomes more racially and ethnically diverse, success as a financial advisor requires embracing diversity and inclusion and building trust.
In this episode of Around the Table, LPL leaders and advisors discuss some of the ways to make that happen. They point out that each niche market may have its own specific needs and cultural nuances, but all of them share at least one common goal—better lives for themselves and their children.
Understanding that common desire —and employing empathy —can help advisors and clients from diverse backgrounds connect. It can also help establish a level of trust and make personal—and often uncomfortable—discussions about finances more comfortable.
Watch the complete episode to learn more about ways you can embrace diversity and inclusion to reach clients and help them build better lives for themselves and their families.