Black Wealth Friday
Join the movement and become owners this Black Friday by investing 10% of your shopping budget to stocks.
Black Wealth Friday is an initiative to mobilize and empower people of color to invest 10% of the money they would normally spend on Black Friday with the guidance of investment advisory firm, Capitalwize.
Start investing in
3 easy steps.
- Complete the Investor Profile
- Open your brokerage account
- We prepare a list of personalized recommendations for you to purchase on Black Friday
About Us
Capitalwize is a Fee-Only Registered Investment Advisory Firm. Unlike most financial educators sharing information online, we have a legal obligation to do what’s in our clients’ best interest. Instead of acting as just another subject matter expert on your financial team, we are the CEO of your finances. Led by George Acheampong, one of North Carolina’s top Financial Planners, Capitalwize is passionately committed to helping clients live the lifestyle they’ve always wanted today, while planning the legacy they will leave tomorrow.
Join us this Black Friday in taking the first step to changing your legacy.
Frequently Asked Questions
Who is investing my money?
Investment advisory services are offered through Capitalwize, LLC. Black Wealth Friday is a marketing campaign that was created to bring awareness to the movement of helping people of color build wealth.
How will my money be invested and how do I know that my money is managed properly?
Capitalwize, LLC has proven strategies that have been around for decades and use technology to make them more efficient. Our goals are aligned: to increase your long-term returns. Our investment philosophy is backed by decades of research. Your money will be invested in a diversified portfolio of low-cost index funds. Which over the long term, is likely to outperform a high-cost, actively managed portfolio. We have several portfolio options, and we can help choose which is right for you. We have partnered with the largest online advisor to offer you world-class investment management. For a deeper understanding, you can learn more here.
What is the minimum amount I can invest to be apart of this movement?
The goal is to have everyone invest $1,000. However, you can invest a minimum of $50.00 per month if that’s all you can or want to do.
Can I invest more than $1,000?
Absolutely. The goal is to build wealth for everyone, regardless of where they are on their journey. We recognize that some people may be further along on their journey, or may simply have the means to do more, and if that applies to you, we certainly welcome the opportunity to help you build as much wealth as possible..
What type of account(s) will my money be invested in?
This will be contingent upon your goal for the money and the time horizon associated with that goal. Whether it’s for a future major purchase, retirement or general wealth building, we have account options that will work best for your goals.
Can you help me with other accounts that I may have such as my current 401(k) or one from a previous employer?
Yes. If you have an account that you would like our firm to manage such as a 401(k) from a previous employer, we can help you roll that over into a new account with our firm. Also, once you have an account with us, you can even add accounts that we don’t manage, such as your current 401(k) so that you can have an organized view of all your accounts to better track and manage your overall wealth.
What if I need to access the money I invested?
You will have full access to your account(s) 24/7. Should you decide you ever want to make additional deposits or withdrawals, you can do that directly from your mobile app or online. You may want to consult with your advisor or a tax professional to understand if any tax implications or withdrawal penalties apply based on the nature of your account type.
How do I open up an account?
Opening up an account is simple, upon deciding to join this campaign, you will receive a video lesson that walks you through step by step how to open up your account in just a few minutes.