13:15 PM

Wealthmanagement.com recognizes Nationwide’s Financial Alliance for Racial Equity

The Financial Alliance for Racial Equity (FARE) was honored at the prestigious WealthManagment.com industry Awards on Sept. 9. FARE took top honors in the Asset Manager: Diversity, Equity and Inclusion category.

FARE was formed in late 2020 when a group of leading financial services organizations, associations and historically Black colleges and universities (HBCUs) came together to focus on increasing the number of Black professionals entering the financial services industry and supporting and investing in them once there. FARE’s efforts include providing resources, scholarships training and connections to diverse students and professionals, which are important components to career success.

“FARE was formed because we recognized we can do more together,” said Kristi Martin Rodriquez, leader of the Nationwide Retirement Institute. “We invited a powerful group of partners from the financial services industry and higher education to come together to make a difference. Beyond driving greater inclusion in our industry, FARE members are committed to improving research, education and awareness of retirement and financial wellness in diverse communities to enable better financial outcomes.”

Congratulations to the entire FARE coalition, which includes: Morgan StanleyM Financial GroupNFPEmployee Benefit Research InstituteHuntington BankFranklin TempletonMiami Life, National Brokerage Atlantic and Nationwide, in partnership with six HBCUs, including Hampton UniversityHoward UniversityLincoln UniversityVirginia State UniversityVirginia Union University and Winston-Salem State University.