Throughout Black History Month and Women’s History Month, Future Proof’s Changing Faces of Wealth initiative bridges the diversity and equity gap in financial services experienced by underrepresented groups .
The Onyx Advisor Network (Onyx), a comprehensive entrepreneurial support platform for minority-led financial advisory firms, and Advisor Circle, a product and content studio for the financial services industry, announced the launch of the #RiseTogether campaign, as part of Future Proof Festival’s Changing Faces of Wealth initiative – a movement centered around leveling the playing field for historically underrepresented financial professionals in wealth management.
Latest Fintech Insights: Global Finance Names ICD Portal Best Investment Management Solution
“We’re excited to partner with and support Dasarte and Emlen, what they are building at Onyx and what they stand for in breaking down the walls for underrepresented financial advisors to grow in the profession. We couldn’t be prouder to have them onboard.”
“Many people say they want to see increased diversity and inclusion at industry events but then they don’t know what to do about it,” said Joshua Brown, CEO of Ritholtz Wealth Management and co-creator of the Future Proof Festival. “The Onyx Advisor Network and Advisor Circle have come up with a concrete solution that can actually make a difference.”
Future Proof, the world’s largest wealth festival, taking place on September 11-14, 2022, in Huntington Beach, CA, will play host to Onyx Advisor Network’s first in-person community gathering, providing access, resources and a platform for underrepresented financial professionals to grow alongside other like-minded individuals and industry influencers. Onyx Co-Founders Emlen Miles-Mattingly, Founder and CEO of Gen Next Wealth, and Dasarte Yarnway, Founder of Berknell Financial Group, partnered with Advisor Circle as a first step towards raising awareness about the lack of diversity and inclusiveness in wealth management and to set about implementing immediate change in the industry.
Browse The Complete News About Fintech : German Firm Hellwig Bank Selects Aqmetrics For Its MiFID II Reporting
“The financial services industry has historically signaled to diverse and marginalized individuals that this place wasn’t made for you,” said Miles-Mattingly. “Advisor Circle supports our vision to change the face of wealth and transform our industry to better reflect the demographics of our country. Our objective in launching the #RiseTogether campaign is lowering the barrier to entry for diverse financial professionals with an opportunity to collaborate and grow, while learning from established industry leaders.”
The #RiseTogether campaign will run from Tuesday, February 1st, through Thursday, March 31st, alongside Black History Month and Women’s History Month. During this time, any attendee who registers for the 2022 Future Proof Festival will have the ability to offer an underrepresented industry colleague (financial advisor or institutional investor) a complimentary ticket to the event on their behalf.
“Onyx provides a welcome place for financial professionals from every walk of life, racial background, sexual orientation, and origin to look out across the room and see that their community is represented,” said Yarnway. “Advisor Circle hosts some of the best and most innovative events in the industry. After its launch in October 2021, we knew the Future Proof Festival would be the best platform to bring our Onyx community together for the first time. Our partnership will be a transformational step toward our goal of creating and building equity in the wealth management industry.”
Each paying attendee to Future Proof 2022 who offers an underrepresented colleague a pass will be added into a raffle to win a complimentary, 3-night stay at Hyatt Huntington Beach during the span of the event.
“Future Proof isn’t just another event, it’s a platform built to support the creation of a new wealth management industry that is more exciting, diverse, inclusive, tech-enabled, and forward-thinking. If our goal is to disrupt and challenge the status quo of the wealth management conferences of today, diversity needs to be more than just a panel discussion, it has to be a theme that is central to the experience of the event,” said Matt Middleton, CEO of Advisor Circle. “We’re excited to partner with and support Dasarte and Emlen, what they are building at Onyx and what they stand for in breaking down the walls for underrepresented financial advisors to grow in the profession. We couldn’t be prouder to have them onboard.”
Read More About Fintech News : Earthstone Energy Announces Midland Basin Asset Acquisition For ~$860 Million
[To share your insights with us, please write to sghosh@martechseries.com]
