Join The Movement.
Black Wealth Financial is creating a movement to empower and improve the financial lives of young professionals struggling with debt and financial anxieties; through financial planning, education, and guidance.
If you feel overwhelmed and want to eliminate your financial anxieties, or you want to proactively plan for your financial future, our holistic financial planning approach is for you and will address all areas of your financial life.
As a Black Wealth Financial client, you will experience what it feels like to have your very own trusted financial coach; available and ready to help whenever there’s a need. With our focus on building long-term client relationships, we employ a complete, in-depth financial planning process to guide and assist you every step of the way as your life continues to grow and unfold.
How risky are your investments?
Money Management
It’s never about how much money you make, it’s always about how much money you keep. You can’t out earn poor financial habits but you can get the keys to creating the proper cash flow and spending routines for the things you want. Knowing where your money goes and how it flows is a key component to our financial planning process. We provide money management options exclusively to our clients in the areas of creating and/or implementing:
- Saving
- Bill Review
- Budget System
- Expense Reduction
- Money Management
- Monitoring/Accountability
Debt Management
Excessive debt can be extremely detrimental to your financial growth and security. Attacking your debt head on and creating a plan to eliminate it quickly and effectively will allow your dollars to work smarter and harder for you, and not your lenders. Our average pay off time is 50-70% faster than your estimated pay off date. Think “snowball method” on steroids as we manage and rapidly eliminate your debt in record time through:
- Credit Card Management
- Student Loan (pay off in 3-7 years)*
- Mortgage Review/Planning (pay off in 5-9 years)*
- Consumer Debt Management (car loans, doctor bills, etc.)
* results my vary
Financial Planning
The financial decisions you make today might not only impact your life today, but some decisions can have ripple effects for many years to come. Having a plan in place for future financial events that you know are sure to come, can ensure you are financially prepared to maximize and take full advantage of today’s dollar when you need them most.
- Annuities
- College Planning
- Holistic Planning
- 401k/IRA Rollover
- Social Security Planning
- Retirement Plan Review
- Personal Pension Planning
- Retirement Income Planning
Wealth Management
Utilizing tactical portfolio management to protect and build wealth is key in our wealth management approach. Proactively managing portfolio downside investment risk, in order to mitigate large potential declines in portfolio values, is our key to long-term investment success. Our core principles involve:
- Risk Awareness
- Portfolio Review
- Proprietary Tactical Overlay
- Manager screening, selection, and due diligence
- Prudent portfolio construction and management
Credit Restoration
When used properly, your credit score can be a very powerful wealth building tool and provide you with an opportunity to pay little to no interest on financed items. Mismanaged credit and low scores can be embarrassing and provide many financial challenges. Without repair, you’ll always pay more than you should when financing, and homeownership may never be an option. Fortunately, the story doesn’t have to end there!
- 3 bureau repair/restoration
- Improvements in 30 to 45 days*
- Removal and deletion of negative items
*improvements and results may vary
Insurance Protection
It’s better to have it and not need it, than to need it and not have it when it comes to pretty much anything in life, and insurance is no exception to that rule. While planning in advance is important, where and how you plan is perhaps of greater importance. You may not know exactly what coverage you need, but we do. We will explore your various insurance options in order to implement the best plan, so that you are in a position to receive the maximum benefits. We assist in insurance protection through the following:
- Life insurance
- Disability Insurance
- Long Term Care Insurance
Money Management
It’s never about how much money you make, it’s always about how much money you keep. You can’t out earn poor financial habits but you can get the keys to creating the proper cash flow and spending routines for the things you want. Knowing where your money goes and how it flows is a key component to our financial planning process. We provide money management options exclusively to our clients in the areas of creating and/or implementing:
- Saving
- Bill Review
- Budget System
- Expense Reduction
- Money Management
- Monitoring/Accountability
Debt Management
Excessive debt can be extremely detrimental to your financial growth and security. Attacking your debt head on and creating a plan to eliminate it quickly and effectively will allow your dollars to work smarter and harder for you, and not your lenders. Our average pay off time is 50-70% faster than your estimated pay off date. Think “snowball method” on steroids as we manage and rapidly eliminate your debt in record time through:
- Credit Card Management
- Student Loan (pay off in 3-7 years)*
- Mortgage Review/Planning (pay off in 5-9 years)*
- Consumer Debt Management (car loans, doctor bills, etc.)
* results may vary
Financial Planning
The financial decisions you make today might not only impact your life today, but some decisions can have ripple effects for many years to come. Having a plan in place for future financial events that you know are sure to come, can ensure you are financially prepared to maximize and take full advantage of today’s dollar when you need them most.
- Annuities
- College Planning
- 401k/IRA Rollover
- Holistic Planning
- Retirement Plan Review
- Social Security Planning
- Personal Pension Planning
- Retirement Income Planning
Wealth Management
Utilizing tactical portfolio management to protect and build wealth is key in our wealth management approach. Proactively managing portfolio downside investment risk, in order to mitigate large potential declines in portfolio values, is our key to long-term investment success. Our core principles involve:
- Risk Awareness
- Portfolio Review
- Proprietary Tactical Overlay
- Manager screening, selection, and due diligence
- Prudent portfolio construction and management
Credit Restoration
When used properly, your credit score can be a very powerful wealth building tool and provide you with an opportunity to pay little to no interest on financed items. Mismanaged credit and low scores can be embarrassing and provide many financial challenges. Without repair, you’ll always pay more than you should when financing, and homeownership may never be an option. Fortunately, the story doesn’t have to end there!
- 3 bureau repair/restoration
- Improvements in 30 to 45 days*
- Removal and deletion of negative items
*improvements and results may vary
Insurance Protection
It’s better to have it and not need it, than to need it and not have it when it comes to pretty much anything in life, and insurance is no exception to that rule. While planning in advance is important, where and how you plan is perhaps of greater importance. You may not know exactly what coverage you need, but we do. We will explore your various insurance options in order to implement the best plan, so that you are in a position to receive the maximum benefits. We assist in insurance protection through the following:
- Life insurance
- Disability Insurance
- Long Term Care Insurance
“Services offered à la carte”
Although we recommend experiencing our services within a complete package, we understand individual needs may vary. Following an in-depth review of your current financial situation, individual services may be available on an as need basis in the following areas: Budget System, W4 review, Tax Planning, Home Purchase/Refinance, and any of the services listed under our Financial Planning package.
Jamilah N. McCluney
Financial Coach & Strategist
For as long as I can remember, I’ve always wanted to be a doctor.
I went to college and followed the pre-med track and along the way realized I’d be 35 before I was finished my schooling and definitely didn’t want to be that old and just be starting my career.
I was like, I want to be married and have a family and how in the world am I gonna do that if I’m still in school (I wanted to be a cardiothoracic surgeon). Fast forward many years later and 35 has come and gone and I’m not married and have no kids. The irony! LOL
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