By Tony Lawson
Wealth management is a relationship-driven industry in which access to clients, capital, and institutional networks concentrates among firms with established visibility.
Independent advisory practices build outside those structures, developing their own client bases, investment approaches, and service models. Visibility across the environments where capital is allocated and professional relationships are formed remains uneven.
The firms listed here operate as registered investment advisors with active client relationships, credentialed principals, and established advisory platforms.
This is part of an ongoing Shoppe Black series documenting Black-owned professional firms across major sectors.
Zenith Wealth Partners | Philadelphia, PA
Zenith Wealth Partners was founded in 2019 by Jason Ray, who serves as Founder and CEO. Chelsea Ransom-Cooper, who joined in 2020, serves as Chief Financial Planning Officer. Zenith operates as a fee-only, fiduciary RIA serving clients nationally from offices in Philadelphia and New York.
The firm manages approximately $140 million in assets under management and serves high-earning families, nonprofits, and foundations. Institutional work includes endowment management and mission-aligned investment strategy for foundations, including asset manager selection and private investment sourcing. The advisory team is composed entirely of women and people of color.
Re-Envision Wealth | New York, NY / Washington, DC
Re-Envision Wealth is led by Keith Beverly, who serves as Chief Investment Officer. Beverly holds both the CFA and CFP designations. The firm operates as a fee-only, fiduciary registered investment advisor headquartered in Manhattan.
Re-Envision manages approximately $125.8 million in client assets across 75 client relationships, with an average client balance of approximately $1.7 million. The firm serves high net worth households, institutional investors, executives, entrepreneurs, attorneys, and physicians.
The firm offers AUM-based investment management alongside retainer arrangements for clients whose wealth is concentrated in illiquid assets such as restricted stock and privately held businesses. Its investment platform includes the Racial Equity Leaders Strategy, a separately managed account that evaluates publicly traded companies using proprietary racial equity metrics.
JECohen & Co. | New Orleans, LA
JECohen & Co. was founded in 2015 by Jarrett E. Cohen, who serves as Founder, Principal, and Chief Investment Officer. The firm operates as a registered investment advisor serving individuals, families, foundations, and institutional investors from its headquarters in New Orleans, with offices in Philadelphia, Charlotte, and Atlanta.
The firm offers wealth management, public equity investment management, direct real estate, and early-stage venture capital through special purpose vehicles. The flagship public equity offering is the Value Strategy, a concentrated all-cap equity mandate for high net worth and institutional clients. JECohen manages more than $100 million in client assets.
Felton & Peel Wealth Management | Atlanta, GA / New York, NY
Felton & Peel Wealth Management was founded by Malik S. Lee, who serves as Managing Principal. Lee holds the CFP, CAP, and APMA designations and brings nearly two decades of experience in financial planning and investment management.
The firm is registered in Georgia and New York and serves clients nationally from offices in Atlanta and New York. Felton & Peel focuses on business owners, executives, dual-income families, and emerging affluent households through comprehensive financial planning and investment management. The firm manages approximately $33.77 million in client assets on a discretionary basis and operates a subscription-based planning model alongside traditional AUM management.
Collective Wealth Partners | Atlanta, GA
Collective Wealth Partners was founded in 2022 by Kamila Elliott, Brian McKinney, Emma Foulkes, and Shardea Ages, each of whom holds the CFP designation and serves as a principal of the firm. The founders came from institutions including Vanguard, Merrill Lynch, and J.P. Morgan. Elliott serves as CEO and was the 2022 Chair of the CFP Board, the first African American to hold the role.
The firm manages approximately $33 million in client assets across more than 350 accounts. Collective serves individuals, families, and business owners through a single holistic fee that covers investment management, comprehensive financial planning, and tax preparation. The firm operates as a fiduciary and custodies client assets through Charles Schwab and Pershing.
Shoppe Black documents how independent wealth advisory firms structure their practices, approach client relationships, and build platforms in a sector where institutional access and referral infrastructure determine long-term competitive position.
Firms building in this space and looking to position their work through a dedicated editorial feature can submit an inquiry.
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