Tag: Financial

The Business Value of the ‘E’ in ESG

Once considered a small factor in the overall economic equation, environmental issues now represent a growing financial risk for businesses. Companies that adhere to an environmental, social and governance (ESG) approach quickly discover the business value of the “E” in ESG. It’s become so important that some argue an “F”…

debt, student, gap

Student Debt a Large Contributor to Racial Wealth Gap, Study Finds

A study by the Institute on Assets and Social Policy (IASP) found student debt disproportionately affects Black people, leading to the large wealth gap between Black and white people. The report, authored by Laura Sullivan, Tatjana Meschede, Thomas Shapiro and Fernanda Escobar found that 20 years after starting college, the…

Archived: Prudential Invests in LeapFrog Talent Accelerator to Develop Leadership Skills for Emerging-Markets Companies

(Originally published on News.Prudential.com) It takes more than money to make a difference. It takes smart money. Prudential Financial, Inc. (No. 15 on the DiversityInc Top 50 Companies list) made a $1.5 million cornerstone investment in the LeapFrog Talent Accelerator, a program designed to develop chief executive officers, C-suite executives…

Archived: 2014 Market Outlook Is Hopeful

Steve Schmitt, CFP, MBA, is Senior Vice President Investment Officer with Wells Fargo Advisors, LLC in Short Hills, N.J. Wells Fargo Advisors, LLC, member SIPC, is a registered broker-dealer and separate nonbank affiliate of Wells Fargo & Company, No. 25 in the DiversityInc Top 50. Many may not remember, but…

Archived: Same-Gender Financial Crisis You Must Watch This

From marriage to children to death benefits, what do gay and lesbian couples need to know Wells Fargo has a long history of outreach to the LGBT community, but recently the company has developed an Accredited Domestic Partner Advisor program to specifically help LGBT people with their unique financial situations.Watch…

Archived: Wells Fargo CEO John Stumpf on Leadership, Corporate Citizenship, Sustainable Business & Accountability

John Stumpf, chairman, president and CEO of Wells Fargo, No. 33 on The 2012DiversityInc Top 50 Companies for Diversity list, has faced his share of challenges. The company’s successful merger with Wachovia combined two large diversity leaders and is a model for other large corporate mergers. But the economic crisis…