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Attacking racial barriers to financial success in the black and minority community will take a concerted effort that should include financial advisors, according to the Rev. DeForest B. Soaries Jr., founder and CEO of the dfree Financial Freedom Movement, an organization that focuses on racial equality. If progress is to be made in advancing equality for minorities, financial advisors and advisory firms have to help lead the effort from both a top-down and bottom-up perspective, Soaries said during a panel discussion recently at the 2020 Conference of African American Financial Professionals, which was held via teleconference.
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