Coppin State University Teams Up With Charles Schwab to Boost Diversity in Financial Services

Historically Black Coppin State University in Baltimore has entered into a partnership with the investment firm Charles Schwab Advisors and the Charles Schwab Foundation that aims to increase diversity in the financial services industry. Currently, 76.3 percent of finance professionals are White, and 68.8 percent are men.

The initiative will establish registered financial programs for certified financial analysts or certified financial planners. The programs will provide faculty development and curriculum that will produce education pathways for students to explore careers in wealth management, establish a community-focused center, as well as create a minority registered investment advisor mentorship program.

“We are excited to develop this partnership with the Charles Schwab Foundation, and deeply appreciate their belief in our mission and vision to become a major player in the financial education and services landscape. As two, well-respected institutions, we look forward to a long-term partnership with Charles Schwab as we collaborate to diversify and improve the wealth gap in underrepresented communities,” said Anthony L. Jenkins, president of Coppin State University.

“The future of financial services is wholly dependent on young professionals entering the space and reflecting the diversity of tomorrow’s investors. We are grateful to join Coppin State University in its mission to help students explore careers in financial services, particularly the registered investment advisor industry, which is all about people serving people and their local communities,” said Bernie Clark, head of Schwab Advisor Services.

 

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Recent Books of Interest to African American Scholars

The Journal of Blacks in Higher Education regularly publishes a list of new books that may be of interest to our readers. The books included are on a wide variety of subjects and present many different points of view.

North Carolina A&T State University Mounts Effort to Educate Heirs Property Owners

Heirs property is land passed down through a family, often over multiple generations and to numerous descendants, without the use of wills or probate courts. In North Carolina, the value of land owned as heirs property is estimated at nearly $1.9 billion. Heirs property is disproportionately held by Black landowners.

Higher Education Grants or Gifts of Interest to African Americans

Here is this week’s news of grants or gifts to historically Black colleges and universities or for programs of particular interest to African Americans in higher education.

New Legislation Aims to Boost Entrepreneurial Efforts of HBCU Students

Congresswoman Nikema Williams (GA-05) has introduced the Minority Entrepreneurship Grant Program Act, bipartisan legislation that creates a grant program with the Small Business Administration for entrepreneurs at minority-serving institutions like historically Black colleges and universities.

Featured Jobs