Prudential on the African American Financial Experience

Prudential has a new study out looking at the "African American Financial Experience." The whole study is worth a look.

Some things that jumped out:

• African American ownership of IRAs is significantly lower than the general population 35 percent to 52 percent.
• 58 percent don't know or can't find an advisory they trust.
• Yet almost half admit they need help.

The survey is the latest in a long line of research that supports efforts to expand the population of qualified financial experts throughout all communities.