Nearly 60% of planners who are neither black nor Latino say the low number of minority planners is a result of minorities not being interested in the profession. Meanwhile, only 23% of black planners identified that as a reason. So reports ThinkAdvisor.
The results come from a recent study by the Certified Financial Planning Board of Standards.
At the same time, approximately 70% of all respondents said they see no difference in the skill levels of minority and non-minority planners.