In the News

Title

American College Starts Black Broker Scholarship Program

Document Type

Article

Publication Date

2-28-2017

Abstract

The American College of Financial Services has launched a scholarship program to help boost the number of African-Americans in the financial services industry.

According to the latest data from the U.S. Bureau of Labor Statistics, just 7.6% of financial advisors are African-American, though members of this demographic group account for about 13% of the U.S. population.