Capital Allocators – Inside the Institutional Investment Industry Diversity, Equity & Inclusion 1: Jacob Walthour – A Blueprint for Diversity (Capital Allocators, EP.151)
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Aug 10, 2020 
Jacob Walthour, Co-founder and CEO of Blueprint Capital Advisors, shares his transformative journey from Wall Street to advocating for diversity in finance. He addresses the troubling racial biases on Wall Street that hinder Black professionals and discusses his firm's ongoing lawsuit for racial discrimination. Jake highlights the importance of mentorship and intellectual curiosity in his career, and emphasizes the need for genuine commitment to systemic change in corporate America. Personal anecdotes about yoga also reveal how he maintains balance in his hectic life.
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Unconventional Start
- Jake Walthour's Wall Street career began unconventionally in 1990 at Lehman Brothers.
- He persistently contacted a Lehman employee until granted an opportunity.
Culture Shock
- Walthour's Lehman experience contrasted sharply with his upbringing, exposing him to a privileged world.
- He observed differences in background, connections, and lifestyles among colleagues.
Early Encounters with Racism
- Walthour early on witnessed subtle and overt racism.
- He and other Black colleagues acknowledged the trade-off between wealth creation and racial bias.