Despite their growing influence, Hispanic Americans continue to fall behind in financial health.

According to a new report by The Hispanic Wealth Project, a New York-based non-profit, Hispanic households are lagging white households as a whole in net worth, with the median white household reporting a net worth 10 times that of the median Hispanic household.

In 2013, the year the report focuses on, white households had a median of $141,900 in wealth, compared with $13,700 for the median Hispanic household. In 2011, the median Hispanic household had only $8,438 in wealth, while the average white household had $111,146 in wealth.

Hispanic refers to an ethnic identity centered on the Spanish language, while white refers to a racial identity — thus some Hispanic households also identify as white, and some white households also identify as Hispanic. In 2015, the U.S. Hispanic population reached 57 million individuals, comprising 18 percent of the overall population.

Over the past five years, Hispanics accounted for 56 percent of new household formations in the U.S., and because of a divergence in birth rates, Hispanics are expected to account for 30 percent of the U.S. population by 2060.

Without active intervention, the HWP believes that the wealth gap will continue to widen.

That means that Hispanic households must be encouraged to own more non-cash financial assets, an area where they continue to lag white households as a whole.

According to the HWP, 25 percent of Hispanic households have taxable investment accounts, compared with 36 percent of white households. While more than half of white households, 55 percent, own stocks, only 17 percent of Hispanic households say the same, according to the HWP.

In its recommendations, the HWP says that advisors should focus on Hispanic family and cultural values as influencers to increase participation in non-cash financial instruments.

Yet there are signals of Hispanic households’ economic ascendancy. Hispanics accounted for 66 percent of the U.S. labor force growth and 73 percent of the increase in U.S. workers employed between 2000 and 2015, according to the HWP. While Hispanics have a higher unemployment rate than the U.S. population as a whole, 5.4 percent versus 4.9 percent in February 2016, they also had a higher workforce participation rate, 66.1 percent versus 62.9 percent for the population as a whole.

In 2015, Hispanics accounted for 69 percent of the total net growth in U.S. homeownership with a gain of 245,000 owner households, says the HWP. The current rate of Hispanic homeownership now registers at 45.6 percent.

In 2015, the Hispanic homeownership rate increased while the overall homeownership rate decreased, diverging for the first time. Still, the HWP notes that the median Hispanic household rents its primary living space.

Hispanic Americans also continue to be entrepreneurial, doubling the number of Hispanic-owned businesses in the last 13 years to 4.1 million. Hispanics also had the highest level of new business starts in 2015 by census grouping, more than doubling the next largest grouping.

Though they are starting businesses at a high rate, the average operating history of a Hispanic-owned enterprise lies at 22 months, says the HWP, arguing that capital funding challenges create struggles for businesses transitioning into their third operating years and beyond.

Advisors can access more Hispanic households through digital tools. Hispanic Americans tend to outpace other demographics in the use and adoption of social platforms, according to the HWP.

Advisors might also have to seek out younger clients to tap into the growing Hispanic American segment: According to the HWP, the median age of Hispanic Americans in 2015 was 29 years old, a full 14 years younger than non-Hispanic whites.

The HWP has set goals of achieving a 50 percent or greater rate of U.S. Hispanic homeownership, increasing the success rate of Hispanic-owned businesses, and increasing by 25 percecnt the number of Hispanic households owning non-cash financial assets.

The HWP report, published annually, was initiated as a project of the National Association of Hispanic Real Estate Professionals in 2014 to address the vanishing wealth in the Latino community precipitated by the housing crisis, when Hispanic families reportedly lost two-thirds of their household wealth. The report measures progress towards HWP goals using studies from government, private not-for-profit organizations and academia.

The HWP is supported by partners including Wells Fargo, Bank of America, Citibank, Freddie Mac, Clearpoint Financial Sevices, Base 11, Chase, City View, Quicken Loans and Union Bank.