💬 Collective Conversations 🔍 CLTV Wealth Directory 📖 Learn With Us
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Hello CLTV Community!
I hope this newsletter finds you all well and enjoying warm temperatures and the anticipation of summer. It fills me with joy to have made so many new connections and strengthened existing ones over the last month! With summer right around the corner, we're looking forward to making space for intentional internal planning and connecting with aligned leaders and organizations. We’ve attended some wonderful events this month, including Amplify Latinx’s Business Summit and our own CLTV Alumni Dinner. In the coming months we look forward to Boston Impact Initiative’s Summer Community Gathering and BECMA’s Mass Black Expo!
With upcoming elections and growing disparities, our mission to address the racial wealth gap has never been more important. The Impact Collective is buzzing with planning, action, and partnerships. Dive into the details below to learn more about how you can get involved, take action, and make an impact!
With gratitude,
Julia Johannsen Founder of the Impact Collective
May Alumni Dinner
Last month, we held a beautiful cross-cohort alumni dinner at Comfort Kitchen in Dorchester! Our amazing dinner conversation kept coming back to how we might bring more people to this transformational and impactful work. We touched on the language we use, the programs we offer, and how we best meet the needs of potential participants in service of our mission. We appreciate all the insights our alumni shared and feel so lucky that we could host this event at Comfort Kitchen—our area's very own James Beard nominated Black-owned restaurant.
Looking Back: Collective Conversation with Re-Envision Wealth in May
Anna N'Jie Konte and Keith Beverly from Re-Envision Wealth held a fantastic Collective Conversation about applying a racial equity lens across asset classes. So many incredible leaders, community members, and organizations engaged in enthusiastic conversation and asked amazing questions of our experts.
CLTV Wealth Directory & Referrals Check out our Wealth Directory, intended to provide our community with an up-to-date list of BIPOC and values-aligned professionals who work in the high-net wealth management sphere. We are constantly updating it.
Additionally, if you know any investment professionals of color who aren’t on our list, please share them with us.
Friday, June 7th, @12pm ET Bringing White Men Into The Work Kevin S. Eppler Jay Coen Gilbert from White Men For Racial Justice (WMRJ) Register here
In order to create a new economy and close the racial wealth gap, we need those with the most power and resources to join our movement. White men can work intentionally and effectively as partners in multiracial and gender-diverse coalitions. However they are often the least present and skillful in 'the work,' even though they continue to hold disproportionate power in all systems. As a result, those leading the work for racial and economic justice have been calling on white men to ‘go get your people'—and White Men for Racial Justice does just that.
Join a powerful conversation with members of the White Men for Racial Justice community to learn what they are doing to answer the call, take action, and become committed partners in the fight for racial justice. We look forward to exploring the challenges and opportunities facing white men who seek to build solidarity for racial justice.
About Collective Conversations Collective Conversationsis our new series of monthly opportunities to learn, take action, and build community. Please join us and bring friends on the first Friday of every month for a one-hour Zoom conversation with experts and activists from within and beyond our community. Upcoming topics include direct giving, investing to close the racial wealth gap, how to find the right investment advisor, Boston’s Black business ecosystem, and more!
Tell us a little bit about your work. BBG Ventures invests in early-stage female or diverse founders building for the polycultural future of America, with a particular focus on overlooked consumers for whom existing systems aren’t working. We look for founders building in the biggest arenas of the American economy that need significant reinvention, such as healthcare, the future of work, financial inclusion, climate, education, and overlooked consumers. We invest in founders whose lived and learned experiences make them uniquely qualified to win. We've backed over 100 female or diverse-led businesses since launching.
How did you get into this work? I've always been focused on supporting women. Early in my career, I launched my own start-up BUILT BY GIRLS, a software platform enabling mentorship for over 20,000 high school girls by top professional technology advisors across the country. My passion for supporting women led me to Susan Lynne, with whom I co-founded BBG Ventures in 2014. It was one of the first funds to put a stake in the ground around backing female led companies building for the dominant consumer: women.
Over the past decade we’ve traversed the passage from a monoculture (white men) as the core consumer target or profile, to women as a group being acknowledged to today, where identity and lived experience matter more than ever. That brought us to the concept of polyculture. This new status quo is driven by the emergence of the first majority minority generation, widening wealth gaps across race and worker type, and an aging population. This polycultural America sets the stage for the rethinking of every fundamental category of the economy—health, work & education, climate, financial security—presenting a huge opportunity for innovation with technology.
What is your favorite part of your job? Working with founders who sit at the intersection of world-changing ambition and humility, desirous of moving the world forward.
What do you do when you aren’t working? I'm singing, crawling, dancing and seeing the world with my 10-month-old daughter, Mira.
What’s your vision for the future of the U.S.? Through investment in those who see the world differently—women and diverse founders—we will rethink every major fundamental system and institution for the well-being and prosperity of polycultural America.
Something about you we might not know? As with our founders, many of our investment theses are borne out of personal experiences—my battles with mental health led me to a thesis around precision matching for therapy, leading to our investment in Spring Health. My multiple sclerosis diagnosis pushes me to find better and more affordable care for the hundreds of millions of Americans suffering from chronic illness. My late immigrant mother's history as an elementary school teacher in rural Australia drives me to back companies delivering education access to minority students. Solving real-world, meaningful problems drives me more than finding revenue opportunities on a spreadsheet ever could.
What's your motto? Make Money. Make Change.
We Need To Talk: A Memoir About Wealth By Jennifer Fisher
We’re so excited to be connected with Jen Risher, author of We Need to Talk: A Memoir About Wealth. In her book, Jen uses her engaging voice and her candid approach to explore her own story of wealth and the grand responsibility that comes with having more than she needs to thrive. She also shares the stories of others who grapple with wealth and the different opportunities and responsibilities it provides. She is also the Co-Creator of #HalfMyDAF, inspiring more conversations around wealth and greater giving as a result. We hope you will add this important and easy-to-read book to your summer reading list!
What Is Owed? WGBH Podcast
We hope you will find the time this summer to join us in listening to WGBH's podcast "What is Owed" It seeks to understand what reparations might look like in Boston, one of the oldest cities in the US by uncovering the lessons for a successful reparations framework through the stories of its architects, past and present.
Monday, June 17th, @5:30–8:30pm ET Boston's Creating Conscious Collisions Road Show Register here
Join Women of Color Connecting (WOCCON) for this year's Creating Conscious Collisions Road Show in Boston. This invitation-only convening will bring together investors, executives, allies, and champions to hear from outstanding women of color entrepreneurs. The aim is to leverage our collective energy and resources to propel women of color entrepreneurs faster and farther on their journeys to entrepreneurial success.
There is no cost to attend. Just come ready to connect! Now in its third year, these events will visit 15 cities nationwide in 2024!
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DISCLAIMER These resources are provided for educational and information purposes only. Inclusion of any investment opportunities does not suggest an endorsement. You should perform your own research before you make any investment decision.
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