Outstanding Practice Finalist

Momentum Advisors

Registered investment adviser Year founded:2012 Employees:10

At Momentum Advisors, where half of the leadership committee is black women, diversity of thought, background, age and religion are important, as are gender and ethnicity. Advisers come from fields beyond finance, such as engineering, operation strategy and international relations.

The firm believes entrepreneurship is a creative aspect of wealth management. It owns and manages several businesses, including gyms and dry cleaners, with its clients.

“Our clients can build wealth through owning businesses, that we help them manage — just as we do marketable securities in their traditional portfolio,” said Tiffany Hawkins, managing director.

Momentum Advisors supports various organizations focused on workplace diversity. Two key recipients are the Toigo Foundation, which provides MBA fellowships, and the National Urban League, which advocates against racial discrimination.

Ms. Hawkins and chief investment officer Allan Boomer also present a radio show on Sirius XM, providing financial literacy advice to the black community. Mr. Boomer, who launched the firm in 2012, believes diversity challenges are solvable when there is a will to do so.

Contact Ms. Hawkins, at TH@momentum-advisors.com, to learn more about the firm's diversity and inclusion initiatives.

— Vanessa Drucker

Lifetime Achievement

Rising Stars

See it, Be it Role Models

Outstanding Practices

Diversity Champions


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