NEW YORK, Oct. 1, 2018 /PRNewswire/ -- Fortis Lux Financial, a premier financial service organization helping businesses, families and individuals achieve their financial goals, announced the establishment of a dedicated division to focus on the concerns of the African American community.
According to a recent report by Massachusetts Mutual Life Insurance Company (MassMutual), fifty one percent of African Americans believe that investing and financial planning should be a high priority and three-quarters make financial decisions based on what is best for their family. Both categories received more favorable responses compared to the general population.
"This community has a rich history of helping each other in times of need, even if it means making personal sacrifices to do so," explains Reginald Canal, Financial Advisor, Fortis Lux. "Our group was established to help strengthen the financial foundation of our African American community through education, outreach programs and referrals. These initiatives will help create and grow wealth today and in the future."
Fortis Lux's African American financial focus group consists of financial professionals with diverse backgrounds who have combined their expertise to provide more resources and support to minority communities. With expertise in the areas of wealth management, financial planning, investments, philanthropy, estate planning and advice, they provide value to their clients in a differentiated manner.
About Fortis Lux
Fortis Lux is a comprehensive financial planning firm that offers wealth management, protection, risk management, trust and estate planning advice and solutions to address your present and future financial needs. For more information, please contact Karmen Lai at 212.5782.7030 or visit www.FortisLux.com. Named one of Crain's 100 Best Places to Work in NYC in both 2017 and 2018,
Statistic from MassMutual's State of the American Family- African American Families. 2018 summary.
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