In recent years, significant progress has been made in attracting more women, people of color, and young individuals into the field. The number of CFP® professionals under age 30 has increased by 83% since 2016; 6,032 new women have joined the ranks of CFP® professionals, bringing the total to 20,632; and the number of Black and Latino CFP® professionals , including those who self-identified as biracial Black and Latino, grew to 3,688 in 2020.

Recruiting, however, is just one piece of the puzzle.

Creating a more diverse and sustainable workforce also requires cultivating an environment in which financial planners want to build a career.

"As awareness of the financial planning profession continues to spread and we attract more ethically and racially diverse talent, the challenge continues to be retaining and supporting these thriving professionals," explains Rianka Dorsainvil, CFP®, Co-CEO of 2050 Wealth Partners.

In part, such support means helping financial planners feel comfortable in the field and recognize the unique skills and perspectives they bring.

"Even though I didn't necessarily look like most everyone else in the profession, I wish I realized then the power of being able to connect with someone who shares my background," says Marguerita Cheng, CFP®, CEO of Blue Ocean Global Wealth.

"There are many people from different walks of life who could benefit from the services provided by a financial planner. And the personality traits that might appeal to one person or demographic, may not resonate quite as well with women or people of color," Cheng says.

Jeanne Fisher, CFP®, CPFA, with Strategic Retirement Partners, notes that this is why financial planners need to harness their differences.

"Being a woman can be an advantage -- not a disadvantage. Embrace it. Don't try to 'fit in with the guys.' Our different approach, and the fact that we are naturally more empathetic, works in our favor," she says.

Early in her career, Dorsainvil says she felt that "in order to fit in I needed to code-switch. I could not be my authentic self." Not only was it exhausting to constantly change mannerisms or appearance to feel like she belonged with a specific audience, Dorsainvil says doing so also ignored the fact that no matter where you come from, what you look like, how you grew up or your circumstances, you can be successful in this profession for who you are and what you bring to the table.

Dorsainvil adds that overcoming that mindset and the barriers that keep women and people of color from entering or staying in the profession requires allies in the financial advisory space to act in solidarity with marginalized groups and unlearn what they think they know about race and ethnicity.

Phuong Luong, CFP®, a financial planner with Just Wealth, LLC, explains that this means having difficult conversations.

The profession "cannot truly be inclusive until we see why we've been exclusive for so long," she says, adding that financial planning as a whole is in a unique and privileged position to facilitate the reckoning that will ultimately help people become the most honest and realized versions of themselves

"If we get comfortable talking about race, imagine what we could do."

To learn more from diversity, equity and inclusion thought leaders and best practices visit www.CFP.net and plan to attend the 4th Annual Diversity Summit, taking place virtually November 17-18.

Farmhouse-style interiors have been popular for the last few years and the look remains as sought after as ever. There are enough iterations of the style (modern, industrial, French, rustic, and more) to suit most tastes. Signature elements include open shelving, shiplap, apron sinks, and a preference for natural, honest materials-stone, metal, and above all wood, new and reclaimed. "When it comes to farm-style decor, most of us think of the kitchen first," says Linda Jovanovich, of the American Hardwood Information Center. "But it can work equally well in bedrooms, living areas, even bathrooms. Incorporating natural hardwood into the design is a great way to achieve the look without going overboard into kitsch." Here are six inspiring uses of the perennial style.

1. A warm contemporary farmhouse kitchen

Photograph by Caitlin Murray

A large apron sink in cream-color cast concrete sets up a warm and sophisticated country tone in this Portland, Oregon kitchen by Emerick Architects. The island's black-walnut-slab top is complemented by open shelving and undercounter cabinetry in honey-stained maple, gray quartz counters, stainless-steel appliances, and a handmade ceramic-tile backsplash.

2. Corral-inspired stair railings and balustrades

Photograph by Spacecrafting

Rift-sawn white oak with a custom whitewash stain forms the handrails and posts of the main staircase in a Stillwater, Minnesota house by Home Design by Annie. An elegant reinterpretation of the traditional wooden-rail fences found throughout rural America, the stair gets a high-tech twist in the form of stainless-steel guard wires.

3. A characterful rustic kitchen

Photograph by Scott DW Smith

Charming rusticity is the name of the game in this Hesperus, Colorado kitchen remodel by Veritas Fine Homes. Existing beams and columns and a new oak floor-all in a dark finish-are joined by knotty-alder cabinetry and floating shelves stained a similar color to the island's honey-tone maple butcher-block top.

4. A cool western ranch-style bedroom

Photograph by Rikki Snyder

As this bedroom in Sag Harbor, New York designed by Timothy Godbold shows, the classic look of Southwestern ranches-pared down and sun scorched-adapts well to a modern interior. The aesthetic is evoked with minimalist means: simple bone-white accessories set against an expanse of white-oak boards that clad the walls like barn siding. 

5. The industrial-farmhouse look in a loft

Photograph by Manolo Langis

Reclaimed hardwood is a beautiful, sustainable material that can be used in a farmhouse-style kitchen to create a sense of warmth, age, and texture. In this Santa Monica, California loft conversion, SUBU Design Architecture juxtaposes recycled wood with plumbing pipes and similar machine-age elements that nod to the building's industrial heritage.

6. Open-shelf wet bar with a rural-art vibe

Photograph by Rikki Snyder

Timothy Godbold conjures another variant of that farmhouse staple, open shelving, with this wet bar cunningly tucked under the open stairs in a North Haven, New York residence. Stocked neatly with interesting glassware and bottles, the floating slabs of white oak and the gray honed-granite countertop become an art installation in their own right. Visit www.hardwoodinfo.com for more about farmhouse style with American hardwoods.

If you own your home and have a mortgage, a cash-out refinancing option may be an easy way to have the money to tackle your home improvement project. Since interest rates are still quite low now may be a good time to tap into your home's equity. Many homeowners may not realize that cash-out refinancing can help fund these projects. A cash-out refinance is not a second mortgage. It is borrowing against the equity in your home or money you have already paid towards your mortgage. A cash-out refinance will require that you refinance your home most likely at a lower rate. The new loan amount will be slightly more than the remaining balance of your home because it will include the amount of cash you take out for you or your family.

Cash-out refinancing is beneficial because it can increase monthly cash flow and allow you to make good use of the funds you take out, according to Freedom Mortgage, one of the nation's full-service mortgage lending company and a leader in FHA and VA loans according to Inside Mortgage Finance, 2020.

The benefits of cash-out refinancing aren't limited to home improvements. Funds from a cash-out refinancing also can be used to pay for a college education or to consolidate high-interest debts at a lower interest rate. Homeowners can typically borrow up to 80% of the value of their homes without paying the private mortgage insurance (PMI) required by some lending situations. That means if you have more than 20% equity in your home, you can use that equity to get cash now.

To help homeowners explore their options and determine how much cash they can obtain, Freedom Mortgage offers a free cash-out refinancing calculator that enables the user to determine what makes sense and the amount of their new monthly payment.

For more information, visit https://www.freedommortgage.com/cash-out-refinance.

 "November 400CP Is Missing"
by Anderson Harp

The PT Chevron Pacific Gulfstream banks toward the north after lifting off from the international airport at Kuala Lumpur. The oil-exploration team has reason to celebrate: The new oil field outside of Minas will be the biggest reserve in the history of Indonesia. But suddenly the jet drops abruptly, then turns sharply west on a path similar to that of a well-known commercial airliner from the recent past, descends through radar coverage . . . and disappears.

 Marine lieutenant colonel and D.A. Will Parker hears from the wife of a former Marine buddy. Her husband is gone. The FBI and CIA are of little help, but it's an assignment Will can't refuse. Purchase at https://amzn.to/3tBRYj5.

 "Held in Slumber"
by Angela Parish

Will rest find you tonight? Gary, a high school art teacher, suffers from insomnia. For ten years he's been keeping the struggle alive for his missing sister Kelly, who disappeared without a trace. With the help of an experimental pill, he finds a dangerous connection between the living and dead -- caught in the clutches of his drug-induced dreams and corrupting him with visions of what really happened. Will the clues be enough?

Meanwhile, an FBI agent follows the tracks of a serial killer, and the closer he gets, the more intense Gary's dreams become. What he uncovers about Kelly disappearance and the person responsible for it is more than anyone could have imagined. Purchase at https://bit.ly/2Ppn2Uw.

"Three Groundbreaking Jewish Feminists"
by Sharon Leder

Three groundbreaking secular Jews -- women's historian Gerda Lerner, feminist Surrealist artist Susana Wald, and global ambassador Ruth W. Messinger -- respond with Jewish universal values to conflicts worldwide, from the Nazi Holocaust to 21st century genocides. Their lives raise the question: Is simultaneous commitment possible both to Jewish continuity and to helping non-Jewish strangers in need? Their lives illustrate how Jewish particularism exists to teach universalism.

For Jews and non-Jews, this book illuminates how universal values drive three women to become public about Jewish identity because they view the purpose of Jewish life to be alleviating inequity and suffering of all people. Purchase at https://amzn.to/3lYj4OU.

"The X Factor of Employee Engagement"
by Demi Gray

Demi Gray has dedicated much of her career to studying what makes employees tick and motivates them to optimum performance. This book takes readers through six key principles that serve as a frame of reference for attaining employee motivation: leadership influence, management support, applicable resources, flexibility and autonomy, recognition and proper compensation. The book is written for leaders who care about healthy workplace cultures, collaborative work environments, and committed team members."

 Says one reader, "The author is raising lots of valid points and important views on employee engagement and why it's beneficial in the workplace. I look forward to using this book as a team-building tool." Purchase at https://amzn.to/39dSsnU.

NOTE: BookTrib's Bites is presented by BookTrib.com 

Talend's recently published 2021 Data Health Survey1 demonstrates clearly that business leaders understand the importance of data -- two-thirds report that they work with data every day. Yet, 78% of executives say they face challenges using their data, and 36% say most of their decisions are not based on data. Companies know that the path to the future depends on using data, but despite years of investments in modern data infrastructure, they struggle to put that data to use.

To survive in today's economy, every organization must become a data company. This is easier said than done. Only half of executives highly rate their company's ability to deliver even the basics: timely, accessible, complete, and accurate data.

Data management companies have been offering to solve these problems for years, but their solutions are focused only on the mechanics of data. Focusing on simply moving and storing more data means some of the basic components of data management are lost -- where is data coming from? Who has access to it? How accurate is it? To become data-driven, leaders need to know more about their data.

"Our relationship with data is unhealthy. Only 40% of executives always trust the data they work with, and more than a third of executives are still making decisions based on gut instincts," says Christal Bemont, CEO, Talend. "The reality of data is falling well short of the industry's vision. Data management, which largely focuses on moving and storing data, doesn't consider the overall health of data. Therefore, in trying to manage data, companies are in fact creating digital landfills of corporate information. This must change. Our vision of data health is the future because it recognizes fundamental standards for quality and reliability are critical for corporate survival."

Talend envisions data health as a holistic system of preventative measures, effective treatments, and a supportive culture to manage the well-being of corporate information actively. Data health will include monitoring and reporting capabilities to help organizations understand and communicate -- in a quantifiable way -- the reliability, risk, and return of this highly critical business asset.

The data integrity and integration company's customers report that focusing on data health delivers positive business results. "Without access to quality data on time, we could have never achieved the scale of analytics we are currently in," says Ranadip Dutta, solution architect manager at Lenovo. "We now have flexibility along with scalability."

For more information on the Talend Data Health Survey and data health, click here.

From March 24th to April 8th, 2021, Talend led a survey via Qualtrics of 529 global executives -- with titles ranging from director to the C-suite -- from medium and large companies making more than $10 million in annual revenue to assess their ability to make data-driven decisions.

To help overcome barriers to placing more books into children's hands, the Toys for Tots Literacy Program, part of the Toys for Tots charitable foundation, has partnered with The UPS Store to deliver more than 44 million books since 2008. The UPS Store locations across the United States serve as partners for the Toys for Tots Literacy Program, and both organizations are committed to promoting literacy for all children.

"The pandemic has presented new barriers between children and the foundational life skill of literacy, hitting economically disadvantaged families the hardest," says Tim Davis, President of The UPS Store, Inc.

"The Toys for Tots Literacy Program is one impactful way we continue to support the communities we operate in, especially during challenging times. Our network of franchisees and customers are proud to help foster a love of books and learning through our continued commitment to this in-store donation program," he emphasizes.

Most people know Toys for Tots as the organization that brings holiday cheer to children in need through the gift of a new toy. Toys for Tots remains committed to its holiday toy program, but the organization is extending its outreach through the Toys for Tots Literacy Program.

The goal of the Toys for Tots Literacy Program is to provide economically disadvantaged children with direct access to resources that will enhance their reading and communication skills. The program works with various agencies to identify local schools and organizations to receive books purchased through the program's donations.

"We are incredibly thankful for all of the support this program has garnered over the years," says Lieutenant General Jim Laster, USMC (Retired), President and CEO of the Marine Toys for Tots Foundation.

"The UPS Store continues to make it possible to support children nationwide in their literacy journey, especially amid the pandemic and for years to come," he adds.

Visit theupsstore.com/literacy or www.toysfortots.org/literacy for more information about the Toys for Tots Literacy Program.