Bank / Wealth / TrustRIA · CRD 322228SEC-Registered

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MultiGenerational.Black

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...

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MultiGenerational.Black

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. In May 2025, the firm held an event in New York marking its fifth anniversary, drawing 7,000 cumulative participants, which signals a community-engagement model rather than a purely transactional advisory business. 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.

General information

Firm type

Bank / Wealth / Trust

Year founded

2021

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Leslie Lewis

Co-founder

Paul E. Bryant

Co-founder

Sector focus

Financial ServicesEducation

Frequently asked questions

Who runs investment decisions at MultiGenerational.Black?

Leslie Lewis and Paul E. Bryant co-founded the firm in 2021 and remain its principal operators. The firm's public materials do not designate a separate CIO or break out an investment committee beyond the founders.

How does MultiGenerational.Black source its clients?

The firm sources through a community-engagement model centered on its Investing Starter Kit workshop, which teaches basic investing concepts. That education channel funnels Black-owned businesses into the firm's 401(k) program, bypassing the conventional retirement-plan broker channel.

Is MultiGenerational.Black set up as a family office or an RIA?

It is structured as a Registered Investment Adviser, not as a single-family office. The firm provides investment advisory services to individuals, high-net-worth individuals, estates, businesses, and retirement plans, with a mission focus on Black-owned businesses.

Does the firm manage its own funds or select third-party investments for 401(k) plans?

Public disclosures from the firm do not specify whether it constructs proprietary model portfolios or acts as a discretionary manager. The 401(k) program implies a fiduciary advisory role — selecting and monitoring investments — but no fund-family affiliation or proprietary ETF information has been published.

Does MultiGenerational.Black publicly report its assets under management?

No. The firm has not disclosed a regulatory AUM figure in its public filings or on its website, and no external publication has reported a verified number.

What investment stages or vehicles does the firm target?

MultiGenerational.Black focuses on retirement-account implementation through 401(k) plan setup rather than venture capital or private-equity stage investing. The education arm targets individuals at the earliest stage — before they open a brokerage account — making pre-investment literacy part of the firm's operational footprint.

How is MultiGenerational.Black different from a large 401(k) recordkeeper?

The primary difference is distribution and mandate. Large recordkeepers sell plans to any business, typically through broker networks. MultiGenerational.Black targets Black-owned businesses explicitly and uses a proprietary financial-literacy workshop as its lead generation, which positions it as a mission-specific fiduciary rather than a generalist administrator competing on fees and fund menus.

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