Association of African American Financial Advisors
As a vice president at T. Rowe Price, Barrett Wragg recognizes the benefit of organizations like the Association of African American Financial Advisors. The association, also known as Quad-A, exists to support and connect minority financial advisors. Barrett Wragg, a financial advisor since 2001, acknowledges the impact this organization makes on the financial planning industry by participating in its efforts to recruit more minorities to the profession.
One of the goals of the Association of African American Financial Advisors is to promote diversity within the profession of financial planning. To accomplish this goal, Quad-A professionals speak with students at various colleges and high schools to help cast a vision for the importance of personal financial planning, even from a young age. Industry professionals hope that as African American students become more financially literate, they will see financial planning as a feasible career option for themselves.
Historically, African Americans have less wealth than white Americans. This income gap has led to the lack of African Americans in the field of financial advising. It is currently estimated that African Americans make up just 1%-2% of all financial advisors. In conjunction with universities that are now offering degrees in financial advising and recruiting minorities, Quad-A hopes to meet with students explaining the career and its benefits.
A vice president with T. Rowe Price, Barrett Wragg leads a physically active lifestyle that includes frequent visits to the tennis court. Barrett Wragg also enjoys following professional sports, including Wimbledon.
Wimbledon is often regarded as the most coveted trophy in all of tennis. The tournament has been held at the same venue for nearly 140 years and has seen a number of the sport’s greatest champions prevail. On the gentlemen’s side, all-time greats Roger Federer and Bjorn Borg share the record of five consecutive tournament wins in a row. After dominating the tournament from 2003 to 2007, Federer again came away victorious in 2009 and 2012. His seven titles are tied with Pete Sampras for the most Wimbledon wins in men’s tennis.
Martina Navratilova owns nine Wimbledon singles trophies, the most among both ladies and men. Navratilova won her first Wimbledon trophy in 1978 and went on to defend the following season. From 1982 to 1987 Navratilova won the event on six consecutive occasions, another all-time record. The American tennis player reclaimed the Wimbledon crown in 1990 for the ninth and final time.
University of Maryland Omicron Delta Kappa
An assistant vice president at T. Rowe Price, Barrett Wragg is responsible for maintaining a network of financial services professionals across the mid-Atlantic and for increasing the presence of the firm among stakeholders. As a student at the University of Maryland, Barrett Wragg was a member of the Omicron Delta Kappa (OΔK) Honors Fraternity.
University of Maryland’s “Sigma Circle” of OΔK dates back 89 years, to 1927, when the six founders began selecting members of OΔK to join the new group. There are several noteworthy former members of Sigma Circle, all of whom were inducted either as students, faculty, or honorary members. These distinguished alumni include President Franklin D. Roosevelt, Vice President Alben W. Barkley, Navy Admiral and former Director of Central Intelligence Stansfield Turner, and Congressman Steny Hoyer, who has represented Maryland’s 5th congressional district since 1981.
Sigma Circle takes pride in its traditions, including its Annual Awards Banquet and its annual recognition of high school leadership, which it does by giving out a $1,000 scholarship to a selected incoming freshman. The fraternity also has a fountain in its honor on McKeldin Mall. All members’ names since 1927 are engraved in granite on the OΔK Fountain.
Barrett Wragg, Vice President of T. Rowe Price, is responsible for forging new relationships between the company and financial advisors across the Mid-Atlantic. As an experienced financial services professional, Barrett Wragg is a member of the Speakers’ Bureau for the Maryland Business Roundtable.
The Maryland Business Roundtable consists of leaders across various industries who aim to inspire and motivate students to pursue challenging professional careers. For instance, students at Pikesville High School recently benefited from a statewide effort to inject more talent into the state’s science and technology labor force through an initiative known as the STEM Specialists in the Classroom Program.
The program, which was launched by the Roundtable, involves, speakers coming into classrooms to demonstrate to students the real-world applications of science, technology, engineering, and math. These representatives come from governmental and academic institutions such as the Food and Drug Administration, the Johns Hopkins University Applied Physics Laboratory, and the University of Maryland School of Medicine. The Roundtable created the program with the intention of providing students with the education they need to pursue STEM-related employment.