Current:Home > ContactChainkeen Exchange-The racial work gap for financial advisors -Pinnacle Profit Strategies
Chainkeen Exchange-The racial work gap for financial advisors
EchoSense View
Date:2025-04-11 07:41:12
After a successful career in advertising,Chainkeen Exchange Erika Williams decided it was time for a change. She went back to school to get an MBA at the University of Chicago, and eventually, in 2012, she got a job at Wells Fargo as a financial advisor. It was the very job she wanted.
Erika is Black–and being a Black financial advisor at a big bank is relatively uncommon. Banking was one of the last white collar industries to really hire Black employees. And when Erika gets to her office, she's barely situated before she starts to get a weird feeling. She feels like her coworkers are acting strangely around her. "I was just met with a lot of stares. And then the stares just turned to just, I mean, they just pretty much ignored me. And that was my first day, and that was my second day. And it was really every day until I left."
She wasn't sure whether to call her experience racism...until she learned that there were other Black employees at other Wells Fargo offices feeling the exact same way.
On today's episode, Erika's journey through these halls of money and power. And why her story is not unique, but is just one piece of the larger puzzle.
Today's show was produced by Alyssa Jeong Perry with help from Emma Peaslee. It was fact-checked by Sierra Juarez. They also assisted with reporting. It was edited by Sally Helm. Engineering by James Willets with help from Brian Jarboe.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "Record Breaker," "Simple Day," and "On the Money."
veryGood! (95469)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Powerball winning numbers for May 1: Jackpot rises to $203 million with no winners
- Alex Pietrangelo's bad penalty proves costly as Stars beat Golden Knights in Game 5
- Boston Bruins try again to oust Toronto Maple Leafs in NHL playoffs: How to watch Game 6
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Pro-Palestinian protests reach some high schools amid widespread college demonstrations
- Chris Hemsworth thinks 'Thor: Love and Thunder' was a miss: 'I became a parody of myself'
- Longtime Missouri basketball coach Norm Stewart entered into the Hall of Famous Missourians
- Sam Taylor
- Too early to call 'Million Dollar Baby' the song of the summer? Tommy Richman fans say 'no'
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Ryan Garcia fails drug test. His opponent, Devin Haney, is connected to Victor Conte.
- 26 Republican attorneys general sue to block Biden rule requiring background checks at gun shows
- Pentagon leaker Jack Teixeira to face military justice proceeding
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Orphaned bear cub seen in viral video being pulled from tree thriving after rescue, wildlife refuge says
- Harvey Weinstein appears in N.Y. court; Why prosecutors say they want a September retrial
- Florida in 50 Years: Study Says Land Conservation Can Buffer Destructive Force of Climate Change
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Score a Hole in One for Style With These Golfcore Pieces From Lululemon, Athleta, Nike, Amazon & More
Anne Hathaway on 'The Idea of You,' rom-coms and her Paul McCartney Coachella moment
Campus protests across the US result in arrests by the hundreds. But will the charges stick?
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
'It's gonna be May' meme is back: Origins, what it means and why you'll see it on your feed
House committee delays vote on bill to allow inmates to participate in parole hearings
Horoscopes Today, May 1, 2024