Christian Nwasike, principal and executive managing partner at Practice Management Consultants, has been “involuntarily removed” from the Association of African American Financial Advisors (AAAA), a nonprofit organization, InvestmentNews learned Friday.
While the organization said it could not confirm details surrounding his dismissal as chairman and acting CEO, Sheena Gray, interim CEO of AAAA, said its corporate partners were made aware of its decision.
“Unfortunately, we cannot share any details right now,” Gray remarked.
Nwasike started his career in the 2000s at Wachovia Securities, which merged with Wells Fargo Advisors during the financial crisis. A former financial advisor, he started with the AAAA in 2019, serving as treasurer and conference planning committee chair, becoming chairman of the board in January 2022.
Nwasike is a regular speaker at wealth management events and conferences, encouraging wealth management firms in the industry to practice equality under corporate policy for all employees, diverse and non-diverse alike.
InvestmentNews reached out to Nwasike for comment, but he did not respond by time of publishing.
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