We are Woman-owned
100%
of the team = women
diversity, equity, and inclusion is at the core of what we do.
Xena FP is committed to promoting diversity and inclusion with our clients, within our firm, and in the financial services industry.
We take the broadest possible view of diversity. Our community is comprised of individuals from a variety of backgrounds including, but not limited to, the following protected classes:
Race, Gender, Sexual Orientation, Nationality, Religion, Disability, Age, Parental Status, and Socio-Economic Status.
Our clients
We treat every person with respect and dignity. We honor each individual and the full expression of their humanity which makes our work together more successful and meaningful. We are cognizant of how unjust systems have created racial and gender earnings/wealth gaps. While we acknowledge the reality, we employ a variety of strategies to help our clients counter these systems. These include:
- Coaching clients in salary negotiations to maximize their income and start to close the income/wealth gaps.
- Adjusting financial plans as necessary to factor in time for caregiving and support provided to extended family members, as well as other unique situations which our clients are navigating.
- Educating clients about their finances and helping them foster a greater sense of agency and control around their financial lives.
Our firm
Diversity
We benefit tremendously from having a team with unique backgrounds and experiences. We’re committed to hiring team members who represent diverse backgrounds.
Inclusion
We strive to create a culture of belonging and look to elevate the careers of individuals from groups that the financial services industry has historically excluded.
Advancement
The firm leadership is committed to supporting and encouraging each team member on their own career path, to be their best self.
The financial services industry
We are committed to advocating for the representation of people from a variety of backgrounds in financial services, more accurately reflecting the population of the US.
We regularly engage in initiatives (i.e. BLX Internship for Black/LatinX financial professionals) within our industry to create opportunities, increase access and center the voices of women/non-binary folks and people of color, and specifically women of color.
Danika is a member of the Association of African American Financial Advisors (AAAA).
Mariana and Danika have both signed the Choir Pledge, which sets higher standards for conference diversity and representation.
In 2023, we conducted a thorough review of all vendors we do business with. We also set targets for improving on this front. We strive to work with businesses that are owned by a woman or person of color, where possible.
Vendor Review:
34%
of vendors are owned by a person of color.
40%
Target for 2023.
16%
of vendors are woman-owned.
25%
Target for 2023.
Current Initiatives
Some programs we are currently undertaking to advance our work in this area include:
Participating in the BLX internship in Summer 2023.
Committing to a firm-wide day of service in our local communities on Martin Luther King, Jr. Day.
Choosing to work with businesses owned by women, people of color and/or LGBTQ folks wherever possible.
Adding sexual harassment and anti-racist training for every employee.
Organizations we have volunteered with in 2023
46 Hours
of volunteer time YTD through May 2023.