PLANADVISER - November/December 2021 - 27

Diversity Attracts
A Competitive Edge With Talent ...
77%
of firms active with diversity,
equity and inclusion report
success in hiring professional
talent
56%
of firms not active with DE&I
report success in hiring
professional talent
... and Potential Clients
51%
n Top quartile
n Bottom quartile
Median
50%
43%
of consumer respondents said,
when seeking an advisory
firm, they directly ask about its
commitment to DE&I
Source: FlexShares, " Diversity Is Good Business for Advisory Firms, 2021 "
Diversity Performs
The Case for Ethnic Diversity on Executive Teams
The likelihood of financial outperformance for top-quartile companies, vs. the national median,
for ethnic and cultural diversity in leadership, in 20144
, 20175
58%
50%
44%
and 20196
.
59%
50%
43%
59%
67%
of Asian clients work
with an Asian adviser
The Power of Shared Backgrounds
93%
of white clients work
with a white adviser
75%
of Black clients work
with a Black adviser
Source: " FlexShares Advisor Teams & Diversity Study, 2021 "
2014
2017
41,364 companies in the U.S., U.K. and Latin America; 5
63,533 companies in the U.S., U.K., Brazil, Mexico, Singapore, Nigeria and South Africa.
Source: McKinsey & Co. (data from Data Matters), " Diversity Wins: How inclusion matters, 2020 "
2019
2,589 companies in the U.S., U.K., Brazil, Mexico, Singapore and South Africa;
planadviser.com November-December 2021 | 27
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PLANADVISER - November/December 2021

Table of Contents for the Digital Edition of PLANADVISER - November/December 2021

A Shift in the Tech Landscape
Strength in Diversity
Future Faces
A Workforce in Flux
Fee Models Are Shifting
Nonenforcement Policies
‘Window’ of Opportunity
PLANADVISER - November/December 2021 - Cover1
PLANADVISER - November/December 2021 - Cover2
PLANADVISER - November/December 2021 - 1
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PLANADVISER - November/December 2021 - 15
PLANADVISER - November/December 2021 - 16
PLANADVISER - November/December 2021 - 17
PLANADVISER - November/December 2021 - A Shift in the Tech Landscape
PLANADVISER - November/December 2021 - 19
PLANADVISER - November/December 2021 - 20
PLANADVISER - November/December 2021 - 21
PLANADVISER - November/December 2021 - 22
PLANADVISER - November/December 2021 - 23
PLANADVISER - November/December 2021 - Strength in Diversity
PLANADVISER - November/December 2021 - 25
PLANADVISER - November/December 2021 - 26
PLANADVISER - November/December 2021 - 27
PLANADVISER - November/December 2021 - 28
PLANADVISER - November/December 2021 - 29
PLANADVISER - November/December 2021 - Future Faces
PLANADVISER - November/December 2021 - 31
PLANADVISER - November/December 2021 - 32
PLANADVISER - November/December 2021 - 33
PLANADVISER - November/December 2021 - A Workforce in Flux
PLANADVISER - November/December 2021 - 35
PLANADVISER - November/December 2021 - Fee Models Are Shifting
PLANADVISER - November/December 2021 - 37
PLANADVISER - November/December 2021 - Nonenforcement Policies
PLANADVISER - November/December 2021 - ‘Window’ of Opportunity
PLANADVISER - November/December 2021 - 40
PLANADVISER - November/December 2021 - Cover3
PLANADVISER - November/December 2021 - Cover4
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