Morgan Stanley’s Equity Collective is a group of 27 leading wealth and asset management firms committed to empowering the next generation of diverse leaders in the finance industry. The program, launched in February 2022, has already impacted more than 3,900 students across the United States through partnerships with Boys & Girls Clubs of America, hellohive, and Team IMPACT. The Equity Collective is dedicated to educating, empowering, and developing the skills of students from underrepresented communities, with a focus on demystifying the financial services industry.
The Equity Collective’s Mission
The Equity Collective’s primary goal is to create a more inclusive and diverse finance industry. The program aims to create pathways for students from underrepresented communities to enter the industry, and to provide them with the skills and knowledge needed to succeed. The Equity Collective is focused on fostering the next generation of diverse leaders in the finance industry by breaking down barriers and providing students with the tools they need to succeed.
Partnerships with Boys & Girls Clubs of America, hellohive, and Team IMPACT
The Equity Collective has partnered with Boys & Girls Clubs of America to support the CareerLaunch program, which provides job-readiness and career preparation to teenagers aged 13-18. The Equity Collective helped to revamp the program’s curriculum, allowing students to focus on their passions and develop necessary skills and strengths for their chosen career fields. The Equity Collective’s partnership with hellohive included a virtual program exploring careers in financial services through storytelling by professionals in the industry. Over 500 students from more than 150 colleges enrolled in the program, and now have access to internships and job openings from participating firms. The Equity Collective also partnered with Team IMPACT, a program that pairs children facing serious illness and disability with college sports teams. Through this partnership, the Equity Collective is working to create personalized game plans for students, giving them the skills they need to succeed in their careers.
Successes of the Equity Collective
Since its launch in 2022, the Equity Collective has led over 100 events, engaging with students across the country. The program has impacted more than 3,900 students, providing them with the skills and knowledge needed to succeed in the finance industry. The Equity Collective’s partnerships with Boys & Girls Clubs of America, hellohive, and Team IMPACT have helped to break down barriers and create opportunities for students from underrepresented communities.
Collaboration as the Key to Success
The Equity Collective’s success can be attributed to its collaborative approach. The program brings together 27 leading firms in the finance industry, all of whom are committed to empowering the next generation of diverse leaders. The program’s success demonstrates the power of collaboration in driving meaningful change in the finance industry. The Equity Collective’s commitment to diversity, inclusion, and equity is setting an example for the industry, inspiring others to take action.
Conclusion
The Equity Collective is a groundbreaking program that is empowering the next generation of diverse leaders in the finance industry. Through partnerships with Boys & Girls Clubs of America, hellohive, and Team IMPACT, the program is breaking down barriers and creating opportunities for students from underrepresented communities. The Equity Collective’s collaborative approach is driving meaningful change in the finance industry, setting an example for other firms to follow. By investing in the next generation of diverse leaders, the finance industry can create a more inclusive and equitable future.
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