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OneDigital DEI Initiatives Highlighted in PLANADVISER Article

Diversity, Equity, and Inclusion (DEI) initiatives have been gaining prominence throughout corporate America in recent years.

OneDigital has been at the forefront of these efforts, and the company’s DEI successes are highlighted in PLANADVISER Magazine, which covers news in the retirement and investment space.

The article, “DE&I Initiatives: Are They Working?”, discusses the widening demographics of American wealth ownership, how this change is beginning to be reflected in the racial and gender makeup of financial advisory firms, and how companies like OneDigital are leading the charge in the transition towards a more representative workforce:

Unlike the other companies cited in this article, OneDigital had a majority of women (67%) in its workforce at year-end 2021… OneDigital also breaks down its workforce by race and level within the organization and provides the change in each category’s percentage from 2020 to 2021. The results reinforce what Fidelity’s John calls the pace of incremental movements, as the changes in non-white employee categories ranged from 0.78% to -0.40% at OneDigital.
OneDigital is also looking to improve diversity through acquisitions. The firm, which has brought on seven retirement and wealth management practices in the past 12 months, says it will look to onboard 10 minority-owned firms by the end of 2023. In January, it acquired minority-owned insurance brokerage Bradley & Bradley Associates Inc.
— Ed McCarthy, PLANADVISER Magazine

You can read the full article here.

For more information about equity in the workplace, check out this article: Engaging a Diverse Workforce - How You Can Help Your Employees Thrive.