Native American Issues

What Expanding Native American Representation in the Legal Field Can Teach Us About Building a More Diverse Financial Services Industry

July 15, 2024  • Financial Security Program

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This case study explores how the efforts to expand Native American representation in the legal field offer valuable insights for diversifying the financial services industry. The legal field’s success has shown the importance of intentional and resource-backed efforts to build diversity in professional sectors. As a result, the number of Native American attorneys has grown significantly over the past fifty years, enabling tribes to better advocate for their rights and interests.

How might the financial services industry do the same? The key is to take intentional approaches to reach Native youth, beginning in high school and extending through higher education and early career stages. This involves creating awareness of career options in finance among Native youth, offering scholarships and internships, and establishing mentorship programs to support Native students and professionals.

Learn more about the opportunities to promote inclusivity and ensure that financial services better serve diverse communities across the United States.

Acknowledgments

The Aspen Institute Financial Security Program is grateful to the Native attorneys and banker who shared their experience, expertise, and insights with us to develop this brief. Aspen FSP also thanks Wells Fargo for their generous support.