In the wake of the COVID-19 pandemic, many families lost loved ones. Aside from the grief that comes with this loss, families are also faced with paying for funerals and other final expenses. Because the nature of death can be so sudden, some may not be financially prepared to make these final preparations. Wealth4Gen founders Quinton McCoy and Viair Myles witnessed and experienced this exact scenario several times over the past year. Their shared experience sparked a newfound passion in ensuring that families are protected from the grueling financial burden that comes with the passing of a loved one.
Wealth4Gen was born out of the desire to help people ensure financial stability for their families upon their death. Founders McCoy and Myles partnered together to start a business offering financial services. They primarily focused on providing affordable life insurance programs for low-income families. Soon, the company expanded to include comprehensive programs for senior citizens who are on fixed or low-income. These programs for seniors focus on cost-effective solutions for burial and final expenses. They have partnered with over 25 carriers to ensure that every senior is covered and that their family is protected.
Since this company was established, McCoy and Myles have grown Wealth4Gen to impressive heights. With just ten agents, they expanded the business in only three months. They have helped numerous couples retire earlier and with more peace of mind regarding their financial security. They have worked with over a hundred seniors and ensured that their families would not feel the financial burden of the funeral and burial costs.
More recently, Wealth4Gen expanded its programs to include financial plans for millennials who want to start saving and investing. Financial literacy is also a mission the company’s founders are passionate about. They have systems in place to help educate families and individuals on the importance of taxes, social security pitfalls, and the intricacies behind finances in retirement. As a team, they have modernized how millennials and gen Z-ers view financial literacy and generational wealth.
Wealth4Gen enables its clients to diversify their financial portfolios and create multiple streams of income. The team shows their clients how to invest in accounts that will help grow their money with each passing year. They have worked with people at different stages in their life, whether they are young professionals, newlyweds, first-time parents, retirees, or senior citizens. This company has a financial plan that can serve any client’s unique needs.
Quinton McCoy and Viair Myles went into this industry for very personal reasons. As death and loss hit close to home several times for them, they knew they wanted to do something that would help ease the circumstances for those left behind. They brought their separate passions into Wealth4Gen and made it the company that it is today. With McCoy, his particular interest is in ensuring that families are protected and prepared for emergency expenses. Myles was more focused on finding programs that help seniors. And as a master budget analyst, she has also helped young professionals and parents with young children save money and invest in their retirement. Together, they champion financial literacy, especially for younger generations and minorities. Their interests and passions have shaped the company they built and the services they provide.
It is never too early to plan for the future. This may mean saving, investing, creating college funds, setting aside money for retirement, as well as providing for families after death. McCoy shared, “We hope that people gain a sense of urgency. Death is not the focal point of life; it is simply a part of life. At Wealth4Gen, we help our clients give themselves and their families financial peace.”
Wealth4Gen provides financial services for various needs. For more information, you may visit their website.