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Turn off the blinders to systemic racism, engage in more education and events in which you are the minority, and revamp screening processes to remove bias in hiring. Those are the tangible actions planner Lazetta Rainey Braxton told hundreds of wealth management executives and financial advisors they can take to help dismantle systemic racism and increase access for underrepresented groups in the industry.
Rainey Braxton, co-founder of 2050 Wealth Partners, the founder of the recently launched diversity, equity, inclusion and belonging consulting firm Lazetta & Associates, the chair of the Association of African American Financial Advisors and a
contributing writer, discussed those issues during a session at the Financial Services Instituteâs OneVoice conference on July 27. Her comments pierced through the political rhetoric surrounding the countryâs racial reckoning of the past year and touched on concepts such as critical race theory, white privilege and systemic racism.