BlackFem and On A Wealth Kick
- Wanted to be a snake specialist or a lawyer growing up.
- Speaks German fluently.
- Favorite city is Scottsdale, Ariz.
While Chloe McKenzie worked on Wall Street as a securitized products trader at JPMorgan, helping high-net-worth clients gain more wealth, she spent the weekends volunteering as a financial counselor at a nearby homeless shelter. After that experience, she took her career as a registered investment adviser in an entirely new direction.
“Wealth managers and financial advisers are the most equipped individuals to close the wealth gap,” she said. “We are able to teach people who lack knowledge.”
In 2015, Ms. McKenzie founded the nonprofit BlackFem to introduce financial literacy to some of the most disadvantaged school districts nationwide.
“I want to transform learning with a particular focus on women and girls of color since they are the most disadvantaged group from an economic and wealth perspective,” she said.
Ms. McKenzie subsequently launched the advisory practice On a Wealth Kick, through which she also consults with banks and financial institutions interested in financial inclusion as a way to end wealth inequality and poverty.
“Advisers can be the change agent for the type of systemic shift that we all hopefully want for our country and our world,” she said.
— Juliette Fairley