Access and Opportunity

The barriers to entering and staying in the workforce are complex for disabled people, and magnified for disabled people with additional marginalized identities. This results in long term impacts to their household wealth: in the United States, the median net worth among households with adult members with a disability is $33,318 less than the national median, according to a report from Prosperity Now.

On this episode, we learn how unemployment drives the disability wealth gap and how advocates and entrepreneurs are working to drive change for the betterment of the disabled community. First we hear from disability scholar and advocate D’Arcee Charington Neal, who draws on his lived experience as a disabled Black person in order to advise companies to reduce ableism and racis in the workplace. Then, host Carla Harris speaks with Inclusively co-founder and CEO, Charlotte Dales, about how their technology is making it easier for companies to hire disabled people.

https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity

Disclaimer text

The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.

This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.

© 2022 Morgan Stanley & Co. LLC, Members SIPC.

Money circulates nearly an unlimited number of times in white neighborhoods, but only once in African-American communities, according to the Selig Center for Economic Growth. On this episode, we ask: how can we keep the Black dollar circulating in Black communities for longer?

First, we hear from Bernard Bronner, President and CEO of Bronner Bros., the Black, family-owned beauty company behind the annual Bronner Bros. Hair Show. After losing their best-selling hair care product because they didn’t manufacture it themselves, the Bronners recognized the importance of ownership for sustaining not only the company, but the broader Black community.

Then, host Carla Harris sits down with Maggie Anderson, author of “Our Black Year: One Family’s Quest to Buy Black in America’s Racially Divided Economy” to discuss her year-long journey to only buy Black. Through her lived experience and supporting data, Maggie unpacks the historical and ongoing factors that prevent Black dollars from circulating through the Black community. And she highlights opportunities that exist for Black entrepreneurs and consumers to reclaim the power of their dollar.

https://www.morganstanley.com/what-we-do/inclusive-innovation-and-opportunity

Disclaimer text

The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.

This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.

© 2022 Morgan Stanley & Co. LLC, Members SIPC.

The path of a multicultural entrepreneur can be winding and frustrating, filled with challenges and barriers. How do you break away from the pack, distinguish your company, and get noticed by investors? From potions in Liberia and Sierra Leone, to soaps on the corner of 125th Street in Harlem, to beauty products in every name-brand store, Sundial Brands may have the answer.

In the inaugural episode of Access & Opportunity, Carla Harris talks with Richelieu Dennis, the co-founder and CEO of Sundial, about how he turned his grandmother’s traditional health and beauty recipes into a small community that grew into a multimillion-dollar beauty brand. Richelieu shares crucial advice for young entrepreneurs and discusses how he and Sundial are committed to giving back to communities by creating funding opportunities for, and partnerships with, women and multiculturally owned businesses that need it most.

The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.

This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.

© 2018 Morgan Stanley & Co. LLC, Members SIPC.

“I want everybody to have an opportunity to sit at the economic table,” says Marc Morial, President and Chief Executive Officer of the National Urban League, the largest and oldest civil rights organization in the country. Morial, who previously served as Mayor of New Orleans, notes that while entrepreneurs from underrepresented groups have boundless talent and drive, they don’t always have access to the right connections to open doors.

Studies by the Department of Commerce show that women- and minority-owned businesses in the U.S. have growth rates that beat the Standard & Poor’s 500, the general benchmark of the American market. So why are investors so tentative to finance them?

In this episode of Access & Opportunity, Carla Harris talks with Morial about common misconceptions around the risks of investing in women and multiculturally-owned businesses, and some of the hurdles they face as a result. In discussing how the National Urban League — together with partners like the National Development Council and Morgan Stanley — is breaking down the barriers of access to capital and helping fund incredible entrepreneurs, Morial sheds light on some of the easy fixes that governments, investors and nonprofits can make to open up access to all.

The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast.

This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.

© 2018 Morgan Stanley & Co. LLC, Members SIPC