A financial services professional from San Francisco, Soji Fanoiki is a managing partner at Boinu Capital. In addition to his role with the firm, Soji Fanoiki is a member of the National Association of Securities Professionals (NASP), an organization dedicated to helping Blacks, women, and ethnic minorities succeed in the financial services industry.
In June 2021, NASP held Economic Empowerment Day in commemoration of the 100th anniversary of the Tulsa Race Massacre in Tulsa, Oklahoma. The 1921 massacre occurred in Greenwood, a town also known as the Black Wall Street.
Described as a cultural and financial hub, Greenwood’s end was the result of a race riot that killed an estimated 36 to 300 people and left an estimated 10,000 people homeless. Historians report that this May 31, 1921 incident was one of the worst instances of racial violence and domestic terrorism that happened in the US.
One hundred years later, the legacy of this tragedy was to build black economic empowerment and entrepreneurship in 2021. The NASP event opened with over 500 people attending sessions and 1,300 people viewing the event online.
The conference was divided into three tracks. The first one allowed attendees to sit in on sessions related to policy and regulation in financial services, asset allocators, and using corporate and educational partnerships to empower minority-owned firms.
The second track featured female venture capital leaders and focused on entrepreneurship and establishing minority-owned businesses. The third track focused on accessing capital and using home ownership, personal investing, and financial literacy to build wealth.