Ariel Mutual Funds and The Charles Schwab Corporation released today their 10th annual Black Investor Survey at the first-ever Ariel-Schwab Black Investor Summit. The two financial services companies convened the summit in New York City at NASDAQ in response to the survey’s findings, which show that African-Americans save far less money than Whites and are no more likely to be investors today than they were a decade ago. Panels featuring government, business, and community leaders covered such topics as financial literacy, the role of employers in promoting saving and investing, and the need for individuals to take greater responsibility for securing their retirement.