On screen:
This video opens with six Black J.P. Morgan colleagues seated at a round table set with coffee cups.
Note:
A bold disclaimer reads:
On screen:
INVESTMENT AND INSURANCE PRODUCTS:
- NOT A DEPOSIT
- NOT FDIC INSURED
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
- NO BANK GUARANTEE
- MAY LOSE VALUE
Itoro-Abasi Udo-Imeh:
Wealth is not just financial, it's your knowledge. It's the things you're passing on to people that aren't materialistic.
Note:
Lo-fi music plays.
On screen:
A logo appears over footage of the colleagues arriving and greeting each other with hugs and handshakes:
On screen:
J.P. MORGAN WEALTH MANAGEMENT logo.
On screen:
BLACK HISTORY MONTH 2024.
Keith Henry:
Today, we will engage you in a conversation about the best about Black culture and highlighting the unique stories of five individuals representing an array of generations.
On screen:
Now, sitting at the round table, a man with short hair and a navy business suit speaks to us.
On screen:
Keith Henry
REGIONAL DIRECTOR,
J.P. MORGAN ADVISORS.
Keith Henry:
One of the most common and traditional phrases in the Black community is: "Each one teach one." An African proverb, which originated in the United States when African-Americans didn't have a chance to get an education. And the basic premise is this: when someone in our community learned how to read and write, it became their responsibility to teach someone else how to read and write, for the betterment of our community. And community consists of two words: common unity. It's a shared experience that we have together. And so that's the backdrop for this round table discussion today.
On screen:
A question appears: In the spirit of Black History Month, can you share a quote from a Black leader that resonates with you? And why?
Keith Henry:
So, in the spirit of Black History Month, can you share a quote from a Black leader that resonates with you and why?
On screen:
A bald man with a short beard and glasses, speaks at the table.
On screen:
Franz Warren
REGIONAL DIRECTOR,
J.P. MORGAN WEALTH MANAGEMENT.
Franz Warren:
If you can't fly, then run. If you can't run, then walk. If you can't walk, then crawl. But whatever you're doing, you have to keep moving forward. I have to always be looking to better myself professionally, but more importantly – you just used the African proverb before – it's always to work on having a positive impact on someone. And really, at the end of the day, reaching down and pulling someone forward.
On screen:
A young man with short hair and a diagonal striped tie speaks to his colleagues at the table.
On screen:
Savoy Drummond
CLIENT ASSOCIATE,
J.P. MORGAN ADVISORS.
Savoy Drummond:
Everything you want is on the other side of hard. And the way that resonates with me is with studying for the CFA and getting up early, knowing the path that you, Franz, and James have created in terms of the success, knowing that it'll pay off in the long run.
On screen:
A young woman with long, braided hair speaks to the group.
On screen:
Itoro-Abasi Udo-Imeh
ANALYST,
WEALTH PLANNING AND ADVICE.
Itoro-Abasi Udo-Imeh:
One of my favorite quotes is "feminism is for everyone" by Bell Hooks. To me, this symbolizes community. It kind of invites you in to learn and explore what feminism is. It is always evolving and it creates a space that authentically and truly welcomes everyone.
On screen:
A young woman with long hair and wearing a black blazer speaks next.
On screen:
Lauralee Bent
VICE PRESIDENT,
AFFLUENT MARKETING MANAGER.
Lauralee Bent:
Magic lies and the challenges that seem impossible. And who said that was actually Carol Moseley Braun, who is the first Black woman to serve on the Senate. And I love that she said that specifically because I think that she probably embodied exactly what that quote is, which is those challenges that at the time might have seemed impossible, but she was able to achieve.
On screen:
A man with short hair, glasses and a dark business suit speaks.
On screen:
James Martin
ASSOCIATE REGIONAL DIRECTOR,
J.P. MORGAN ADVISORS.
James Martin:
Life's most persistent and urgent question of what are you doing for others? And I think it's a guideline for how I live my life. I'm passionate about helping other people succeed and dream big and I wake up every day attempting to add value, impact somebody's life, and show them that I care.
On screen:
Another question appears: What mentors, role models, or historical figures have helped inspire and guide your personal journey?
Keith Henry:
What mentors, role models, or historical figures have helped inspire and guide your personal journey?
Itoro-Abasi Udo-Imeh:
I would say my parents, specifically my mom, is one of my biggest role models from a young age. She just instilled compassion; she just taught me how to be the person I am today.
James Martin:
Everything I do, I do through three tenants: care, candor, and opportunity. And when you think about those three tenets, each one is attributed to my mentors. My mom is my biggest mentor by far, and I attribute my level of care to her. And then when you think about candor, that's my grandma. Being authentic and transparent is what everybody expects from me when they want to know the truth. And if they don't want to know the truth, they usually won't come to me, right? Because they know I won't sugarcoat it. And then my dad, he taught me, when you think about an opportunity, he taught me how to save money very early, taught me my integrity.
On screen:
A question appears: How important has mentorship and community been in your career? Has it played a significant role in your success?
Keith Henry:
So how important has mentorship and community been in your career, and has it played a significant role in your success? I'd like to hear more about that.
Lauralee Bent:
I've had many mentors along the way and I would say guiding light. And that person really provided me with feedback and the candor that you were talking about earlier really just provided honest guidance along the way. And I think that creating a community where we can all feel that, we're giving back to one another, which has already been a theme in today's conversation, but feeling like that mentorship exists in many forms or that sponsorship is really important.
Itoro-Abasi Udo-Imeh:
I was going to emphasize the importance of building that community like you said. It's also important to have people in different places, mentors you can turn to in different stages of your life. I have a group of other analysts on the same level as I am, we'll be able to bounce ideas off each other and help each other out. So, having that community within people and my peers and then moving up generationally like we're doing right now.
Franz Warren:
When you think about a mentor, a sponsor, you also have to be ready because I call them also truth tellers. And really tell you in terms of, you know, the good, and the bad. And it really just keeps us on that path in terms of where we want to go.
On screen:
The next question appears: Can you share your story and how you navigated your career within the financial industry?
Keith Henry:
Anyone can chime in here. Share a story of how you've navigated your career in this business. You know, we talked about the number of African Americans in this business, in the financial advisors rank for example, has less than 3% in the entire industry. Those are just statistics. How do you navigate this industry?
Franz Warren:
You know, I tell you, if I could start out, first of all, you'd mentioned it before, right? 30 years in the industry, I've shared when I started as a financial advisor, certainly being the only in the room. Fortunate to be promoted to a manager and then starting out being the only. And I would tell you, you touched on it before, and I love the quote and the other side is hard. There's just absolutely no substitute. I just had to make sure to put my head down, be focused, and quite frankly outwork the person that was next to me. And make sure, and then to use the word Lauralee you said before, is that at the end of the day, everyone understood if Franz was at the table or if Franz was in the room, he belonged based on his work ethic, the effort, and quite frankly what he brought to the table.
Savoy Drummond:
So, one thing that's big in the community that we all know is church, school, and work. It was right between fall and spring semester, and I wasn't in school at the time. So, my dad's like, "All right, work and, what are you going to do after school?" And I said, "I'm not sure yet." So, he fortunately threw me the Securities Industry Essentials book, and it was like, "All right, Merry Christmas." And so, he was preparing me knowing that I was going to go into an industry that wasn't predominantly looking like me. So, I was able to pass in January and then I sent my resume out to every firm on Wall Street. Fortunately, I'm landed up to be here and it's just been like a privilege just to be here and keep the ball moving so to speak.
On screen:
The next question appears: Can you share a defining moment in your career?
Keith Henry:
Are there any defining moments? And when you think about defining moments, it really is not just one thing; it's really about life and life and career moment by moment. We all have defining moments. So, what defining moments stand out for you right now at this point in your life career?
Savoy Drummond:
I would say one of the most defining moments was this year when I won the Chairman Recipient award.
Note:
The other panelists applaud.
Keith Henry:
Chairman's award! At J.P. Morgan Advisors.
Savoy Drummond:
My parents were also immigrants and they worked extremely hard to send me to the best schools to prepare me to be where I am today.
James Martin:
I sit here now in the middle of Black History Month at a round table with five esteemed peers. And it's true, it's a moment of time where we're not just checking a box; this thing is for real. The importance of diversity, equity, and inclusion here at J.P. Morgan is helping my career. Sos I think that's the most defining moment in the most recent years.
On screen:
A question appears: What is something you've been taught over the years that you would want the next generationto know?
Keith Henry:
What is something you've been taught over the years that you would want the next generation to know?
Lauralee Bent:
If you look back physically, we should be seeing a hand holding a hand, holding a hand, holding a hand. And so that's something that I would share with the next generation is that these relationships that you've developed, how you look at Franz and see him and Keith and James and everyone at this table, Itoro and myself, as people who have potentially opened the space for you at the table and continue to do the same. And then that table gets larger and larger and larger, which is incredible.
On screen:
The last question appears: What legacy do you hope to leave behind?
Keith Henry:
What legacy do you hope to leave behind?
Franz Warren:
When I think about legacy, it's really a couple of things. Thinking about Franz and the way he treated people, the way he ultimately developed and helped people, and then the greater cause if you will is really just thinking about this industry. In it for 30 years, what does the next 30 years look like in terms of being more diverse?
Itoro-Abasi Udo-Imeh:
The legacy I'd like to leave behind is what we're doing right now, with paying it forward, paying it backwards, and just be the embodiment of "Each one teach one."
Lauralee Bent:
I hope that on a daily basis we're all making these impactful moments of micro legacies. Today is one, this moment, we may have another moment later today with another individual. And I think that the impact that's left behind in helping others is what I hope for in my own legacy.
James Martin:
I think as a Black leader, we have to be tenacious, right, to meet those people at the door and create opportunities for others, right? So, Savoy gets to look at us ahead of him. You didn't have anybody; you were the first in the room. 10, 20 years from now, our legacy will be how many Black employees are in this firm?
Savoy Drummond:
The first day I met James, 20-year-old kid, didn't really know anything, and he sat me down. I had my notebook, and he said, "The three things to be successful in this business is..." Do you remember what you said?
James Martin:
I'm sure, but I'm going to let you tell it.
Savoy Drummond:
Meet people, earn their trust, and build relationships.
James Martin:
Sounds like me.
Savoy Drummond:
So that's exactly what he's told me. And again, when he was probably coming up, he didn't have someone to tell him that, or there were very few people. I have three people I can hear it from, and now I can pass it on to three more people who could pass it on to three more people.
On screen:
Keith looks around the table.
Keith Henry:
Let's continue this legacy of this thing called "Each one teach one." And remember: things that you do for yourself are gone when you're gone. But things that you do for others remain as your legacy. And that's what Black History Month really is all about.
On screen:
The video closes with a logo: J.P. MORGAN WEALTH MANAGEMENT.
Note:
A disclaimer:
On screen:
J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through (in bold) J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB), JPMS, CIA, and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
