Minority Asset Managers Are Still Waiting for a Social Justice Bump

Rachel Robasciotti says months after financial institutions vowed more diversity, running money is still a White guy’s game.

Minority Asset Managers Are Still Waiting for a Social Justice Bump

After growing up Black and poor, Robasciotti graduated from the University of California at Berkeley and worked at large financial-services companies. In 2004 she started her own firm, which focused on investing that incorporates social justice. This month her firm, Robasciotti & Philipson, agreed to merge with impact asset manager Abacus Wealth Partners.

Did having your own company change the way you were treated?