• Financial Management

    Wealth Management Firms Address Systemic Racism

    With over 1,800 attendees, panelists representing the wealth management industry addressed systemic racism and its consequences for Black investors at the inaugural Black Wealth Summit, a three-day virtual event. Participants included speakers from Morgan Stanley, Raymond James, Charles Schwab, JPMorgan Chase and Bank of America, all of which addressed cultural and systemic factors they saw as obstacles to the generation of wealth by Black Americans, particularly intergenerational wealth.  Between sessions on Black wealth creation, event planners layered fireside chats on entrepreneurship, workshops on social media and education around behavioral finance alongside virtual networking opportunities. The event, which concludes on Friday,  

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