George Houston was pressed to sell his land in 1968. Like many Black Americans, it cost him a chance to build generational wealth for his children.

In the Black community, many people would probably mention building generational wealth as a financial goal. Here's how investing can help.

In 2019, the median white household held $188,200 in wealth, nearly eight times more than the median Black household, with $24,100, according to the Survey of Consumer Finances.

"These generational increases in wealth are a very important element for most [white] Americans,” Klawitter said. And when it comes to finding a job, Klawitter said it's very much segregated by ...

And that's where one wealth manager, V. David Russell, is aiming to change things by helping families and affluent people of color build wealth rather than letting it slip through their fingers.

B y Earlene Greene. Baby Boomers control 53% of the U.S. wealth vs. millennials 4.6%; In 2064, the average white family likely will possess $2.7M in wealth vs. $789K for the average Black family ...

Racial wage gaps aren’t the only hurdles to building Black generational wealth. Black people are 50% less likely to have a will planned compared to other groups .

OPINION: Who came up with the concept that, because of affirmative action and civil rights laws in place today the playing field is now level? My guess: Probably some third- ...

How to Achieve Black Generational Wealth Representation and cultural competency are critical to the advisor/investor relationship. Guest Contributor May 11, 2023 ...

When it comes to building wealth, growing your net worth is half the battle. Building lasting wealth involves creating a plan for how it will be transferred and passed down to the next generation ...