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Transparency with Diana B.: Overcoming the Racial Wealth Gap

Advisor Denika Tokunaga’s family was impacted directly by the racial wealth gap in inner city Baltimore. She opens up about fighting to overcome her circumstances and change her life’s path.

 

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Growing up in inner city Baltimore, Denika Tokunaga and her family struggled financially and couldn’t afford many of the luxuries that others had. That racial wealth gap affected many in the Black community, but she was determined to work hard and get educated so she could get out of the inner city and overcome that wealth gap. 

At the age of 18, with the help of her grandmother, Denika was able to enter school to become a nursing assistant. She eventually found financial services and a passion for closing the racial wealth gap.

In this episode, Diana Britton, managing editor at WealthManagement.com, speaks with Denika Tokunaga, president of Maven Wealth Management in Fulton, Md., who opens up about how she fought to overcome her circumstances and change her life’s path.

Photo provided by Denika Tokunagadenika-young.jpg

Denika as a child.

You will learn:

  • What Denika’s life was like growing up;
  • How she experienced the racial wealth gap firsthand;
  • How she got out of the inner city;
  • How she overcame the challenges of being an African American woman in the wealth management industry;
  • What advisors can do to help close the racial wealth gap; and
  • How her experiences shaped her work as an advisor.

Photo provided by Denika Tokunagadenika-2.jpg

Denika in her 20s.

denika-full.jpeg

Denika today.

Listen now to hear Denika’s journey to get to where she is today.

If you have a struggle and wish to share your experiences and help others in similar situations, please reach out to Diana at [email protected].

The Transparency with Diana B. podcast is available on Apple PodcastsAndroidStitcher, Spotify and wherever podcasts are found. 

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