Philly startup aims to make investing easier for people who don’t come from wealth

WealthMore was created by a first-generation American frustrated by gatekeeping in the world of financial literacy.

The world of financial advice can be misleading and full of hard-to-spot scams. It can seem purposely opaque, founder Mical Jeanlys-White believes, to keep people out.

Organizing and managing financial assets strategically, however, is widely considered a good first step toward building generational wealth. But as Jeanlys-White learned growing up, that’s not always easily accessible.

In 2021, she started Philly-based WealthMore, which offers financial advice and investment support, building on her experience in traditional banking as ​​managing director at JP Morgan Chase. The platform aims to help spread financial literacy in communities of color, Jeanlys-White said on Technical.ly Speaking, a monthly segment on WURD Radio’s “Reality Check,” hosted by Tonya Pendleton.

“Your lived experiences matter, finding people who you can relate to matter, people who can understand your financial journey,” Jeanlys-White said, “so we solve for that.”

Read the full article 

Previous

Next