Viable action plan for financial services industry to make sustainable, generational change to promote racial equality and financial wellbeing. The College to launch new Center for Economic Empowerment and Equality
King of Prussia, PA, Aug. 20, 2020 (GLOBE NEWSWIRE) — The American College of Financial Services announced today Four Steps Forward, a holistic initiative to help combat racial inequality, promote wealth creation in the Black community, and generate upward mobility in communities of color for future generations.
The College created Four Steps Forward around the principle that the financial services industry has a pressing obligation to address the systemic racism that exists today given the industry’s central role in helping people accumulate, retain, and distribute wealth. As such, the industry is best positioned to create real change in Black communities and to dismantle the pervasive racial inequality that it helped build.
“The financial services industry cannot afford to repeat