Barriers to Building Wealth Among Black High-Income Earners

Terri Adams-Fuller et al.

The Review of Black Political Economy2025https://doi.org/10.1177/00346446251331616article
ABDC C
Weight
0.37

What the paper says

This study uses mixed methods to investigate the factors influencing engagement with financial advisors among high-income Black individuals. Results suggest that income and educational background are pivotal determinants of seeking financial advice, while personal knowledge of finances, risk tolerance, and owning stock and brokerage accounts show no significant impact. We also find that issues of trust and conflict of interest hinder this demographic's engagement with financial advisory services. These findings highlight the need for policies addressing racial income disparities and enhancing trust and transparency in financial institutions among Black high-income earners.

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https://doi.org/https://doi.org/10.1177/00346446251331616

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@article{terri2025,
  title        = {{Barriers to Building Wealth Among Black High-Income Earners}},
  author       = {Terri Adams-Fuller et al.},
  journal      = {The Review of Black Political Economy},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/00346446251331616},
}

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.