We’re Committed to Achieving Equality and Diversity in the Financial Planning Profession
By creating an inclusive and equitable environment for all, we can expand access to financial planning services.
We believe we’re better when we’re diverse, which includes diversity in race & ethnicity, gender, background, religious belief, and so much more. XYPN’s commitment to achieving equality starts “at home” with diversity goals in hiring and continues in many innovative ways.
When hiring, we don’t staff based on any specific identity group – like race or gender identity – but we do, however, push ourselves to give candidates within systemically excluded populations access to opportunities they would likely not have without concerted intention.
Our Workforce Goals
Team Members
- 50% of team identifies as female and/or non-binary in 2021 (achieved)
- 20% of team identifies as BIPOC (Black, Indigenous, and people of color) in 2021 (achieved)
- 30% of team identifies as BIPOC in 2022
Leadership Team
- 50% of management team identifies as female and/or nonbinary in 2021 (achieved)
- 10% of management team identifies as BIPOC in 2021 (achieved)
- 30% of management team identifies as BIPOC in 2022
Executive Team
- 50% of executive team identifies as female and/or nonbinary in 2021
- 20% of executive team identifies as BIPOC in 2021 (achieved)
- 50% of executive team identifies as female and/or nonbinary in 2022
- 30% of executive team identifies as BIPOC in 2022
Additional Initiatives Supporting Our Committement to Diversity
While we’re proud of what we have accomplished through intentional recruiting and are excited to achieve – and exceed – future goals, it’s imperative to understand and acknowledge that diversity, alone, is not enough to create impactful change. At XYPN, we are committed to championing a culture where every team member has equitable opportunities, has access to a safe and inclusive workspace, and belongs to a team because of who they are – not in spite of that. As such, we strive to inject DEI into every facet of what we do. A few initiatives you’ll come across as a new team member are:
- Annual DEI Team Training
- XYPN-specific DEI overview during the initial week of onboarding
- Commitment to representation when hosting internal speakers, vendors, and educators
- Team member-driven, leadership-supported IDEA committee (Inclusion, Diversity, Equity, and Allyship) that is open and available to all team members
- Employee Resource Groups (ERG) for specific identity groups like BEAR (Black employees, allies, and resource society), InspirASIAN (Asian American and Pacific Islander ERG), and Family Ties (parent and family-related ERG)
- Lunch & Learns that highlight varied identity groups and are devoted to collective learning and access to new perspectives
- Monthly content-club to review various content celebrating, educating, and championing various identity groups and topics
- Community partnerships and community spotlights for minority-owned businesses
- Collaborate with like-minded organizations within the local communities we serve to align and foster a broader community approach for DEI initiatives
- Industry-leading anti-harassment policy at XYPN conferences with technology to report violations and clear consequences for offenders
- At least 1/3 of keynote presenters will be non-white and 1/3 non-male, with a goal to get to 50% for both segments
- 50% of breakout speakers must be female and 20% must be non-white (Participants on our annual diversity-themed panels do not count towards our goal)
- Free childcare at XYPN conferences for those balancing career & family
- Commitment to featuring diverse guests on our podcast, including at least 50% women
- Monthly diversity-themed webinars for advisors
- Diversity CFP® Exam Scholarship
- Member-led Diversity Committee supported by XYPN staff
- Regularly scheduled diversity-themed blogs
- Outreach program to inspire the next generation of financial planners
