32 INVESTMENT ADVISOR MAY 2021 | ThinkAdvisor.comAdvisory, Financial Planning, RIAs & MoreLazetta Rainey Braxton, CFP, andRianka R. Dorsainvil, CFP, arethe co-founders and co-CEOsof 2050 Wealth Partners. RaineyBraxton also serves as chairof the Association of AfricanAmerican Financial Advisors’(AAAA) board of directors. Theystrive to provide access to financial planning beyond the top 1%of investors and focus “on creating a safe place for clients torealize their goals and dreamsthrough the wise use of financialresources in a no-shame zone,”according to Rainey Braxton.
In a recent commen-
tary piece for Morningstar,
Dorsainvil explained that as
part of the industry efforts “to
move the next generation of wealth-builders forward, we must
focus on helping our African American clients better under-
stand how finances work and be supportive in their goals to
blend their old world with a new one. … Financial advisors
have a great opportunity to make real progress with African
American clients and future generations. Luckily, there are
easy ways to make sure this critical mission is a success.”
Michael Kitces, CFP, leads
Kitces.com, writes the
Nerd’s Eye View blog and is
head of Planning Strategy of
Buckingham Wealth Partners.
In addition, he is a co-founder
of AdvicePay, a payment tool
for advisors that he launched
with Alan Moore; the two
also co-founded XY Planning
Network, a group of fee-only advisors specializing in Gen X
and Gen Y clients. He has over 61,300 Twitter followers.
With the shutdown of live events due to COVID- 19, Kitces
and other industry VIPs have played a critical role in advisor
education on a variety of topics — from tax matters to retire-
ment planning. “The disruption of the coronavirus pandemic,
Two more in-demand
experts — who share their in-
depth understanding of the
ins and outs of Social Security
and what short- and long-term
issues plague the program,
as well how advisors need to
direct their clients in invest-
ment aspects of retirement
planning — are Michael Finke
and David Blanchett.
Finke, CFP, is a professorof Wealth Management andFrank M. Engle DistinguishedChair in Economic Securityat The American College ofFinancial Services and an associate professor at Texas TechUniversity.
He holds a doctorate infinance from the University ofMissouri, as well as one in consumer science from Ohio State University.
Blanchett, CFA, CFP, is head of retirement research for
Morningstar’s Investment Management Group. Prior to join-
ing Morningstar he worked for Unified Trust Co. He also is
an adjunct professor of Wealth Management at The American
College of Financial Services. He earned a master’s degree in
business administration from the University of Chicago and a
doctorate in personal financial planning programs from Texas
Another important andenthusiastic supporterof advisors’ retirementplanning work is JamieHopkins, director of retirement research at CarsonGroup, managing director of Carson Coaching,a Creighton Universityfinance professor andauthor of the book “Rewirement: Rewiring the Way You ThinkAbout Retirement.” He characterizes retirement planning as“trying to hit a moving target in the wind.”
Working behind the scenes, often in cooperation withFinke, is Jason Fichtner, the associate director of theMaster of International Economics and Finance Programat the Johns Hopkins School of Advanced InternationalStudies, who served in several key positions at the SocialSecurity Administration.