This Haitian-American Founder Launched A Wealth Advising App To Make Financial Freedom A Reality For All

Mical Jeanlys-White’s grandmother was the family’s financial planner.

She didn’t have any formal planning education, but she knew enough to understand the importance of saving. The matriarch taught her Haitian-American granddaughter to live below her means and would often tell her adages like, spend money as slowly as you make it.

Sage counsel, but, according to Jeanlys-White, that wasn’t nearly enough of the financial information her grandmother deserved to know, particularly when it came to wealth-building.

That’s exactly what drove Jeanlys-White to pursue a career in finance helping people navigate retirement planning and other forms of investing. After working in financial services for more than 20 years and holding positions at American Express, Nestle Accenture, and JPMorgan Chase, she took what she learned and launched her own company that’d poised to disrupt the cycle of financial inequity for all: WealthMore. And it was mostly inspired by her personal experiences.

“I was a managing director at JPMorgan,” Jeanlys-White tells Forbes. “I led a $22 billion credit card business, had always been in the consumer credit space, but was realizing that, ‘hey, we’ve made so much progress in getting people to understand their credit scores, understand how to manage that, so that they get good sort of when they’re in the need for a lending product, they can sort of have their best foot forward.’ But I felt like we were overly focused there and not focused on this whole other space of investing, doing it early, sticking with it, having access to great advice so that you can navigate things like, ‘hey, do you have a Roth? Are you using an HSA? How are you doing the college planning?’ And I just felt like no one was talking to folks unless they were already wealthy. And that sort of drove the whole interest and focus around wealth and making access to great advice just more accessible to folks who are not walking in the door with half a million dollars.”

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