Author: Paul Allen, Associate Director of M.A. in Financial Planning & Law Depending on who you ask, there are somewhere between 4 and 7 steps in the process of ‘problem solving’... identify, analyze, describe, etc . No matter how many steps you recognize in your problem solving process, the issue is never resolved unless there is implementation of a solution . I am Director of the CFP Board Registered Program at the Regent University School of Law. As I prepare to teach the Capstone Course in Financial Planning in the approaching summer semester, I am reminded there is a problem within the financial planning profession. You probably won’t be surprised by the problem, but you might be surprised to discover we are implementing the solution to it at Regent University. The problem is the financial planning profession does not look like the rest of America. The United States is 76.6% white and 49.2% male. According to 2019 Bureau of Labor Statistics data , financial advisors in t