Rianka Dorsainvil’s grandmother worked until she couldn’t work anymore.
Like so many other African-American women of her generation, Dorsainvil’s grandmother “was the kind of person who took care of everyone else,” says the financial planner and the FPA’s 2015 NexGen President-Elect. That, coupled with a lack of knowledge about financial planning, ensured that “she was working until she was forced to retire, and it was only after she passed away that I knew the extent of her financial situation.”
Her grandmother’s experience – still so common among many African-Americans and minorities, she says – is, in retrospect, one of the main reasons that Dorsainvil is committed to her career as a financial advisor.
Dorsainvil did not set out to be a financial advisor but in college she took a retirement planning and investing class, and the knowledge she gained there captivated her to such an extent that she began sharing it with others, helping her friends and family fill in their tax returns and realize the benefits of not living pay check to pay check.
Today, Dorsainvil is founder and president of Your Greatest Contribution, a fee-only virtual financial planning firm dedicated to serving busy professionals in their 20s, 30s and 40s. The firm allows her to serve the kind of people she wants to serve and help others in a pro bono way (such as volunteering through the IRS to fill out tax returns for low-income earners) in an effort to reduce the wide gaps that still exist between different segments of the population with respect to financial planning.
Dorsainvil believes her greatest forte, though, is that she is part of the all-important millennial generation, which she calls “the most racially and ethnically diverse generation yet. Because ours is such a diverse generation, I am very optimistic that our profession is also going to become much more diverse as we age.”
Dorsainvil believes that one of the most important parts of her role as the FPA’s NexGen president is to show other minorities, women in particular, that they can be a successful financial planner.