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

Cheyney University of Pennsylvania Placed on Accreditation Probation

The Middle States Commission on Higher Education stated that the university fell short in meeting requirements in financial planning and budget processes and compliance with laws, regulations, and commission policies.

Two Black Women Scholars Who Are Taking on New Assignments in Higher Education

Penelope Andrews was appointed the John Marshall Harlan II Professor of Law at New York Law School and Angela D. Dillard, the Richard A. Meisler Collegiate Professor of Afroamerican and African Studies at the University of Michigan, was given the added duties of the inaugural vice provost for undergraduate education.

Tuskegee University Partners With Intel to Boost Black Presence in the Semiconductor Industry

Participating Tuskegee students will have a chance to gain hands-on skills in engineering design, semiconductor processing, and device fabrication technologies and an overall valuable experience working in the microelectronics cleanroom fabrication facility at Tuskegee University.

K.C. Mmeje Honored by the National Association of Student Personnel Administrators (NASPA) Foundation

K.C. Mmeje is vice president for student affairs at Southern Methodist University in Dallas. The NASPA Pillars of the Profession Award acknowledges remarkable individuals within the student affairs and higher education community who demonstrate exceptional contributions to both the profession and the organization.

Featured Jobs