In 2020, nextgen advisor Rianka Dorsainvil merged her monetary planning observe with that of economic planner Lazetta Braxton to create the registered investment advisor firm 2050 Wealth Partners. This week, the 2 have break up off from one another, launching their very own RIAs.
Dorsainvil mentioned when she returned from maternity depart in December 2023, the ladies determined to dissolve the RIA on the finish of this month.
“When Lazetta and I merged our respective practices to type 2050 Wealth Companions in 2019 it was a groundbreaking transfer within the realm of Black RIAs,” she mentioned. “Our mission was to encourage and information motivated people to design the lives and legacies they deserve; now we have fulfilled that promise and now look to proceed on that promise in our separate ventures.”
Dorsainvil, a outstanding licensed monetary planner and advocate for variety within the trade, has launched YGC Wealth, an “inclusive, culturally competent and technology-forward monetary planning agency,” she mentioned in a press release.
Previous to merging with Braxton, Dorsainvil ran Your Best Contribution (YGC Planning), which she based in 2015. Braxton ran Monetary Fountains.
Dorsainvil’s new agency, which is able to function just about, will use Charles Schwab and Altruist for custody, in line with a submitting. She’s introduced over 35 households with about $10 million in AUM. She makes use of a mixture of an annual retainer and an asset-based charge.
It’s an homage to Your Best Contribution, and represents its complete wealth administration capabilities, she mentioned.
“This new enterprise additionally permits me to discover rising areas and alternatives which might be near my coronary heart, together with supporting mother entrepreneurs who’re juggling advanced enterprise constructions, first-generation wealth builders and thriving professionals who’re blossoming of their profession however discovering that they wrestle to scale back monetary stress and profit from their wealth,” she mentioned.
Dorsainvil is a well known trade speaker, podcast host and advocate for ladies and minorities within the area of economic planning. She’s additionally a CFP Professional spokeswoman within the CFP Board Heart for Monetary Planning’s marketing campaign to coach girls and minorities concerning the occupation. She has energetic roles in CNBC’s Digital Monetary Advisor Council and the CFP Board’s Range Advisory Group. She was named one in all WealthManagement.com’s Ten to Watch in 2018.
In the meantime, Braxton has created The Actual Wealth Coterie, an RIA in New Haven, Conn. She’s joined by Madisen Karlson, a lead monetary planner at 2050 Wealth Companions. The RIA can even use Schwab and Altruist for custody, in line with a regulatory submitting.
The agency will present monetary planning to people, in addition to strategic enterprise monetary planning providers to sole proprietors and small companies. It’ll additionally present consulting providers to charitable organizations.
Braxton can be a sought-after speaker and advocate for variety within the monetary providers group. She runs her personal consulting and training agency, Lazetta & Associates. She’s a frequent contributor to WealthManagement.com.
In 2020, nextgen advisor Rianka Dorsainvil merged her monetary planning observe with that of economic planner Lazetta Braxton to create the registered investment advisor firm 2050 Wealth Partners. This week, the 2 have break up off from one another, launching their very own RIAs.
Dorsainvil mentioned when she returned from maternity depart in December 2023, the ladies determined to dissolve the RIA on the finish of this month.
“When Lazetta and I merged our respective practices to type 2050 Wealth Companions in 2019 it was a groundbreaking transfer within the realm of Black RIAs,” she mentioned. “Our mission was to encourage and information motivated people to design the lives and legacies they deserve; now we have fulfilled that promise and now look to proceed on that promise in our separate ventures.”
Dorsainvil, a outstanding licensed monetary planner and advocate for variety within the trade, has launched YGC Wealth, an “inclusive, culturally competent and technology-forward monetary planning agency,” she mentioned in a press release.
Previous to merging with Braxton, Dorsainvil ran Your Best Contribution (YGC Planning), which she based in 2015. Braxton ran Monetary Fountains.
Dorsainvil’s new agency, which is able to function just about, will use Charles Schwab and Altruist for custody, in line with a submitting. She’s introduced over 35 households with about $10 million in AUM. She makes use of a mixture of an annual retainer and an asset-based charge.
It’s an homage to Your Best Contribution, and represents its complete wealth administration capabilities, she mentioned.
“This new enterprise additionally permits me to discover rising areas and alternatives which might be near my coronary heart, together with supporting mother entrepreneurs who’re juggling advanced enterprise constructions, first-generation wealth builders and thriving professionals who’re blossoming of their profession however discovering that they wrestle to scale back monetary stress and profit from their wealth,” she mentioned.
Dorsainvil is a well known trade speaker, podcast host and advocate for ladies and minorities within the area of economic planning. She’s additionally a CFP Professional spokeswoman within the CFP Board Heart for Monetary Planning’s marketing campaign to coach girls and minorities concerning the occupation. She has energetic roles in CNBC’s Digital Monetary Advisor Council and the CFP Board’s Range Advisory Group. She was named one in all WealthManagement.com’s Ten to Watch in 2018.
In the meantime, Braxton has created The Actual Wealth Coterie, an RIA in New Haven, Conn. She’s joined by Madisen Karlson, a lead monetary planner at 2050 Wealth Companions. The RIA can even use Schwab and Altruist for custody, in line with a regulatory submitting.
The agency will present monetary planning to people, in addition to strategic enterprise monetary planning providers to sole proprietors and small companies. It’ll additionally present consulting providers to charitable organizations.
Braxton can be a sought-after speaker and advocate for variety within the monetary providers group. She runs her personal consulting and training agency, Lazetta & Associates. She’s a frequent contributor to WealthManagement.com.