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A promise in progress
In 2020, our executive committee, operating committee and board of directors, along with thousands of Raymond James associates, signed a pledge to the Black community. Both within the firm and across the communities we call home, we’re finding ways to not simply make good on that promise, but to expand its scope and its impact. Below, is a snapshot of the steps we’ve taken so far – the first in our pursuit of a better firm and a brighter, more equitable, more just future.
OUR ONGOING COMMITMENT TO THE BLACK COMMUNITY
Since the leadership team of Raymond James made its pledge to the Black community, we have been working diligently to fulfill it. Here is a summary of the progress made so far on the pledge’s five key tenets.
1. EXPAND BLACK REPRESENTATION AMONG ASSOCIATES, ADVISORS AND LEADERSHIP
20 department-specific Diversity & Inclusion committees established
2. ESTABLISH EXPLICIT GOALS AND IMPLEMENT TRANSPARENT REPORTING
Inaugural workforce representation baseline developed
Diversity & Inclusion Dashboard created
Firmwide Inclusion Index (new and ongoing tracking) launched
3. LAUNCH A MENTORING INITIATIVE
Partnered with Columbia Business School, participating in their Developing Black Leaders in Financial Services program
2021 Mentoring for Black Associates initiative launched
Hosted inaugural Finance Discovery Program for underrepresented students
4. DEVELOP AND DELIVER A TRAINING CURRICULUM AND RESOURCE PORTAL
900 associates
participated in Exploring
Everyday Bias training
400 associates
participated in Café
Conversations workshop
39-page guide
to inclusive leadership
released
5. PLEDGE AN INITIAL $1.5 MILLION TO SUPPORT ADVANCEMENT OF BLACK COMMUNITIES
Funds distributed to 12 high-impact community organizations in 10 cities
