NAPFA Diversity, Equity and Inclusion Initiative

The National Association of Personal Financial Advisors (NAPFA) is the country’s leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.

Through its long-range planning process, NAPFA identified encouraging and promoting inclusivity in the field as a strategic imperative for the association. This led to the creation of the Diversity & Inclusion Initiative and the formation of a steering committee to steward any associated activities.

This Initiative operates under the following directives.

Mission

Create and innovate a culture of diversity, equity, and inclusion within the financial planning profession.

Vision

Our mission is to be a beacon for DEI within the financial planning profession by building and strengthening relationships between industry professionals and the diverse populations.

Diversity, Equity, and Inclusion Programs

Committee

NAPFA has a committee dedicated to fulfilling the mission and vision of the Diversity, Equity, and Inclusion Initiative. For more information about the Committee, please visit this page. Review the DEI Committee Volunteer Guidelines here.

NAPFA DEI Training and Certificate Program

The NAPFA DEI Training and Certificate program aims to provide NAPFA members and other financial advisors resources and education around four specific DEI topics—culture, hiring practices, people, and inclusion. Learn more about the program here.

Congratulations to those who have completed the program! View a list of individuals here.

Scholarship Program

The DEI initiative now sponsors several merit-based Diversity Scholarships for both NAPFA members and non-members to:

  • Attend a NAPFA National Conference (two are held per year, spring and fall):
  • Take the CFP exam or a CFP review course

For more information on the scholarship program, please visit this page.

NAPFA DEI Initiative Facebook Group

This group is a virtual community dedicated to cultivating DEI within the financial planning profession. If you'd like to become a member and become part of this conversation, please visit the group here.

Webinars

Mentorship

The goal of the DEI Initiative Mentoring Program is to provide underrepresented members in NAPFA a structured opportunity to advance in their careers with the help of a mentor/mentee relationship.

Objectives:

  • To create a welcoming environment for NAPFA members from under-represented populations to foster professional relationships
  • To maintain a supportive space where NAPFA members can share challenges and strategies to address those obstacles within a mentoring framework
  • To help NAPFA members improve the financial planning profession through our community while embracing our differences throughout the process
  • Connecting members based on the differences that ultimately make us stronger, to create a more inclusive and diverse profession
  • To empower and encourage NAPFA members to strive for excellence

Applications will open in March of 2024.


NAPFA DEI Training and Certificate Program


The NAPFA DEI Training and Certificate program aims to provide NAPFA members and other financial advisors resources and education around four specific DEI topics—culture, hiring practices, people, and inclusion.


This program was designed by financial advisors for financial advisors and was created so that participants could have a deeper understanding of how they can contribute to growing diversity, equity, and inclusion in the financial planning profession.


Fall registration will open soon!


Articles

Resources

NAPFA Diversity, Equity and Inclusion Toolkit

The Initiative has compiled a Diversity, Equity & Inclusion Toolkit, a resource meant to help NAPFA members and their firms make meaningful change in the DEI space. While conversations and education around DEI is a crucial step to improving understanding, it's clear that without action, true progress cannot be achieved. This toolkit has both a written guide and a series of videos designed to help NAPFA members take action and access resources. To read more about it and access the written guide and video components, visit this page.

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