Black Lives Matter.

Please note the publish date of this blog. Financial information, market conditions, and other data mentioned in this post may no longer be accurate or relevant.

We are heartbroken and maddened by the events taking place across the country. The recent deaths of George Floyd, Ahmaud Arbery, and Breonna Taylor are tragic events in a long series of injustices that have yet again exposed the layers of historical prejudice and systemic racism that Black people endure in our country.

White silence has been a privilege and it has to stop. As a predominantly white firm in a predominately white profession, we recognize that more action on our part is needed. And the action needed most from us in this moment is to not center the narrative on ourselves. Instead, we must stand with the Black community and listen deeply to their stories, to their struggles, and to their solutions. Only through listening to lived experiences can we do the difficult work of learning about and changing our role in perpetuating the status quo.

While Abacus has long been committed to diversity and inclusion, it is clearer today than ever our efforts have been inadequate. As a firm we commit to taking a deep look internally, investing time and resources to implement new, intentional, long-term strategies.

We are evaluating our behavior, both as individuals and a company, to make actionable change. We are asking ourselves questions like:

  • What does it mean to truly be an ally?
  • What does it mean to be privileged?
  • How does my silence about racial identity in my personal and professional life contribute to systemic racism?
  • How are we facilitating safe conversations about structural racism within our company?
  • What practices do we have in place to create an inclusive environment for our team members and clients who are Black and People of Color?

We acknowledge our responsibility to be part of the solution. As a firm, we commit to doing the ongoing work of deeply understanding the connections between a legacy of inequitable systems in the US, and how these structural legacies intersect with our work as professionals inside the financial services sector. As we deepen our commitment, we will be humble, purposeful, and focused on how we expand what is possible for wealth creation and equity.

Please expect to hear from us again as our efforts evolve.

Disclosure

Abacus Wealth Partners, LLC is an SEC registered investment adviser. SEC registration does not constitute an endorsement of Abacus Wealth Partners, LLC by the SEC nor does it indicate that Abacus Wealth Partners, LLC has attained a particular level of skill or ability. This material prepared by Abacus Wealth Partners, LLC is for informational purposes only and is accurate as of the date it was prepared. It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Advisory services are only offered to clients or prospective clients where Abacus Wealth Partners, LLC and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Abacus Wealth Partners, LLC unless a client service agreement is in place. This material is not intended to serve as personalized tax, legal, and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Abacus Wealth Partners, LLC is not an accounting or legal firm. Please consult with your tax and/or legal professional regarding your specific tax and/or legal situation when determining if any of the mentioned strategies are right for you.

Please Note: Abacus does not make any representations or warranties as to the accuracy, timeliness, suitability, and completeness, or relevance of any information prepared by an unaffiliated third party, whether linked to Abacus’ website or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

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