African HBD - African Houston Business Directory

10/16/2025

Effective and Communication

Effective and are communicating clearly about the process of advising, speaking the client’s language, actively and passively, and managing their self.

The most and in the industry are ones who can truly , build , interview effectively, make the client feel understood, and manage the delicate issues can evoke. To be most effective, and need to learn a fundamental set of skills.

Some advisers recognize the utility of finding out personal information, but they never ask the client’s to get into these matters so it feels disrespectful, impulsive, or intrusive.

There are two skills that go hand-in-hand in a multitude of situations: explaining the process of and then asking the client if he or she feels okay with proceeding.

10/08/2025

A good / can do any of the following:

- have regular educational discussions during client meetings. This way, the advisor doesn’t point out unique or recent failures, but rather educates regularly and can incorporate concepts that he or she feels are appropriate for the .

- demonstrate the impact decisions have on members, , or the family .

- encourage followers to take a hard look at behavioral tendencies that may cause them to overestimate their risk tolerance. + Challenge followers/clients to be introspective and provide data backed substantiation for recommendations. + Offer in clear, unambiguous ways so we have the chance to “get it” is a good idea. + Take the time to offer a steady, educational approach.

- take the time to interpret behavioral signs provided to them by clients. + Clients need “big picture” , and advisors shouldn’t dwell on details that will lose the client’s attention.

10/01/2025

Happy Fall Holidays & Financial Empowerment 🍊🌬️🍁We're attaining financial empowerment! As a thank you and reward to old/pre-existing newsletter subscribers and recent subscribers & followers, we will be diving into current hot topics + financial empowerment such as:



Catching Subliminals

Say what?

Balancing Scarcity, Abundance, and Gluttony

Health, Costs & Value: Pizza 🍕 2: Exotica

OM Deep Pro-tip: Strategy Game Sequel,

Fruits Can Save/Grow Your Money

Your Money Working Hard or Hardly Working?

Adapting Mistakes, Adversity, and Failures to an Advantage II

Forced to Save vs. The Saving Force

The Power of Eminem, Diversity, and Adversity

Including Equitable Diversification

Invest in Yourself

Health Literacy II Update

and more

Check it out & enjoy on or our !

https://www.linkedin.com/pulse/happy-fall-holidays-financial-empowerment-steve-o--boyxc?lipi=urn%3Ali%3Apage%3Ad_flagship3_series_entity%3BTOawJT40QYGjPsz2DjzTkg%3D%3D

or

https://www.africanhbd.com/blog/financial-empowerment-%F0%9F%8D%8A%F0%9F%8C%AC%EF%B8%8F%F0%9F%8D%81

With Insights on 's The (and more).

Now, please excuse these hashtags because we're covering a lot of ground in this issue. In my New York Hoffman voice, I'm typin' here!

Happy fall holidays & a full slate of special times with loved ones! Whether you're celebrating Hispanic Heritage Month, Autumnal Equinox Day, Family Day, International Week of Happiness at Work, Reconciliation Day, Healthy Aging Month, Self-Improvement Month (is this not why we're here?), Internati

09/24/2025

Our very own, rising star, Steve. Great work! The deep insights and are appreciated.

For Steve Oniya of OM Investments, financial planning is about making resources accessible. He backed that up by volunteering over 100 hours of pro bono advice last year, winning the NAPFA Pro Bono Heroes Tournament for his region. Join us in honoring him as an FP 2025 Rising Star: https://bit.ly/4m2hgS9

09/17/2025

There are many based on existing . A mental mind trap our brain may play on ourselves when new information contradicts old thinking that can affect anyone's decision making. Here are several.

cognitive dissonance

conservatism bias

confirmation bias

representative bias

illusion of control bias

hindsight

09/10/2025

Black Unemployment Rises Again in Jobs Report

"The racial gap in the is widening. The for Black Americans rose to 7.5% in August, the Bureau of Labor Statistics said Friday. That’s up from a seasonally adjusted 7.2% in July and 6.0% in May.

Meanwhile, the white remained unchanged at a seasonally adjusted 3.7% in August and was slightly lower than in May." - The Wall Street Journal

Unemployment or the inability to get a suitable job is often higher for Black than White Americans, even after accounting for higher education. There are issues at play that need to be resolved to help the American and .

Check the research links below.

https://www.tamus.edu/data-science/2021/09/15/unemployment-rates-by-race-ethnicity-gender-educational-attainment/

or

https://www.bls.gov/cps/cpsaat07.htm

or

Also notice how a white person who hasn't graduated college can tend to have a better chance of than a Black person that has graduated college.

https://www.epi.org/publication/black-unemployment-educational-attainment/ #:~:text=Over%20the%20last%2012%20months,on%20life%20in%20this%20country.

https://www.wsj.com/livecoverage/jobs-report-august-stock-market-today-09-05-2025/card/black-unemployment-rises-again-in-jobs-report-lkyTRvIbJDQN5H1KZ5a0?mod=lctimeline_finance

The Wall Street Journal

The racial gap in the labor market is widening. The unemployment rate for Black Americans rose to 7.5% in August, the Bureau of Labor Statistics said Friday. That’s up from a seasonally adjusted 7.2% in July and 6.0% in May. Meanwhile, the white unemployment remained unchanged at a seasonally adju...

09/04/2025

There are many that can hold others back and hold ourselves back, if we let them.

A few are:

Overconfidence - The tendency to overestimate or exaggerate an investor’s ability to successfully perform a given task

Status quo - A person is predisposed – when faced with an array of options – to select the one that keeps conditions the same

Illusion of control - Investors believe they can control or influence investment outcomes that they cannot



Recency bias - When a person looks at recent market returns when making important financial decisions

Confirmation - When people observe, overvalue or actively seek out information that confirms their claim

Which one are you privy and susceptible to?

09/01/2025

Fred Hampton's life story is fascinating. There's no denying that he was a powerful trying to uplift people. He was assassinated by the U.S. government, as plenty of evidence shows, along with Mark Clark.

Everything said in his speeches is not necessarily 100% agreeable, yet his actions helped unite many regardless of race and class. His breakfast for kids program, along with the Black Panther Party, helped the United States realize the importance of free breakfasts for kids so that they can perform better in school, plus more.

His assassination showed that many of the things he was saying were true regarding police brutality, systemic injustices, and more. We have to face reality if we really want to change it for the betterment of all.

This collection of speeches by Chairman Fred Hampton Sr. is from "The Murder of Fred Hampton" (1971, The Film Group). It has been edited and uploaded for edu...

08/21/2025

& Company Stock Opportunities/Threats

Here are some questions to keep in mind when you may or may not have too much stock.

What is your view of your company – why?

How do see your position in your company changing?

What is your primary goal for these (tax minimization, appreciation, risk reduction)?

What will these be used for in your ( , , )?

What is your for these positions?

What is your view on the direction of ?

What would be more disturbing: selling a security that continues to rise, or holding one that continues to fall?

If you were presented with cash equal to the value of your current position, how much would you allocate to your company stock?

08/13/2025

Bringing up The into Wealth

As and become more successful, it's important to cultivate the family into , so it is not commonly lost by the 2nd or 3rd generation.

It's often important to investigate what are the family's goals and values. Map out what the family roles and responsibilites are. Be mindful of family dynamics, history, and conflicts. Create a plan to educate the family with among other important literacies. And often engage in family meetings and shared values. Getting family members on the same page early and often can help create a lasting . Communication, including about estate planning, is key.

08/07/2025

There are many that others can impose on us. And there are many biases we can impose on ourselves. There are the devils we know, and the we don't know without , , and more.