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How We Lose When We Overlook Black Talent

Kiplinger's Personal Finance

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December 2020

Comments from the Wells Fargo CEO reflect a culture that tramples on clients’ trust and limits opportunities for people of color.

- Doug Glanville

How We Lose When We Overlook Black Talent

One of my early memories is when my dad taught me how to interpret the share price tables in the business section of the newspaper. My main task was to look up prices of Oppenheimer Funds and write them down in a ledger. I learned to appreciate the simplicity of how the numbers told a story about value. Yet of deeper importance was learning how to consider patience and timing to match the funds’ performance with a life plan.

So when I was drafted by the Chicago Cubs in 1991, I had a plan for my signing bonus. First and foremost was my parents’ recommendation that I retain a broker. Soon after, I would work with an adviser at Butcher & Singer, which through many mergers became Wells Fargo Advisors. My broker was and still is, outstanding.

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