Akron University to host financial planning symposium

AKRON, Ohio – Event organizers at the University of Akron’s College of Business are seeking not just to attract workers to the financial industry, but they are specifically targeting women and people of all backgrounds.

Carina Diamond is the Chief Experience Officer at Dakota Wealth Management. She is among the 25% of women in financial planning jobs, but the shortage doesn’t stop there.

“There are even fewer colored people or gays or something from different backgrounds,” said Diamond.

Because for years, financial advice with a demographically lacking diversity was the rule.

“I think we are currently seeing a lack of diversity in the industry because it has traditionally been a white male role to manage household finances,” said Dr. Barry Mulholland, director of the financial planning program at the University of Akron.

The industry is currently at a turning point.

“We can clearly see that this financial literacy is lacking,” said Mulholland.

Due to the fact that more and more people need financial advice but don’t have the hands to meet that need. The University of Akron is hosting a Diversitas Financial Planning Symposium, virtual and in person.

“We’re going to do some live sessions on site. In particular, we will have a really fun session where we will talk about financial literacy and bring our students together with the professionals in the room, ”said Mulholland.

Anyone interested in financial wealth management shouldn’t forget that you don’t have to be good at math, sales, or even a college degree in finance.

“We promote career influencers. And these in turn are teachers, career counselors, school principals. It could be career outplacement professionals who need to understand that there is still a great opportunity for career changers to get into this industry, ”said Mulholland.

Specifically, encourage women and people from all backgrounds to provide financial aid to various communities.

“I think in general; you know, certain races may prefer a counselor with their ethnicity who really understands their value system and how they make decisions, things like that, ”Diamond said.

The Financial Planning Symposium is free and will take place virtually and in person on the Akron University campus on Wednesday, November 3, from 12:00 p.m. to 3:00 p.m. However, you have to register online in advance. Click here to register.

Download the News 5 Cleveland app now for more stories from us, as well as important news alerts, the latest weather forecast, traffic information and more. Download now here on your Apple device and here on your Android device.

You can also watch News 5 Cleveland on Roku, Apple TV, Amazon Fire TV, YouTube TV, DIRECTV NOW, Hulu Live, and more. We’re also on Amazon Alexa devices. Find out more about our streaming options here.

Comments are closed.