MultiGenerational.Black

Overview

MultiGenerational.Black launched in 2021 in New York, established by co-founders Leslie Lewis and Paul E. Bryant. The firm enters the market not as a generalist wealth manager but as a response to a specific structural deficit: the lack of employer-sponsored retirement plans within Black-owned businesses, which contributes to the broader racial wealth disparity in the United States. MultiGenerational.Black's core strategy rests on two products that reveal a deliberate, community-centered deployment model. The "MGB 401K Program for Black-owned Businesses" is designed to install retirement infrastructure where it has historically been absent, focusing on small and mid-sized enterprises. Alongside it, "The MGB Investing Starter Kit Workshop" delivers financial education directly to individuals, lowering the barrier to investment literacy rather than simply gathering assets. This dual track — plan setup plus education — creates a pipeline that many registered investment advisors do not replicate, because the education component typically produces a near-term cost without immediate assets under management. The firm's geographic footprint begins in its New York headquarters but aims to reach Black-owned businesses nationally. The website and public materials do not disclose total assets under management, total deployment, or a team headcount. No adjacent vehicles — such as philanthropic foundations, real-asset arms, or club memberships — are publicly identified. MultiGenerational.Black's structural differentiator is its regulatory posture as a mission-driven Registered Investment Adviser that pairs 401(k) implementation with an introductory investing curriculum. Unlike large recordkeepers or robo-advisors, the firm treats financial education not as a marketing funnel but as a stand-alone intervention. Its long-term impact will depend on scaling the 401(k) program beyond early adopters without diluting the workshop model that gave it a distinct identity.