New York, N.Y.
When Kimberley Hatchett joined Morgan Stanley’s private wealth management group in 1991, she had to build her business by cold calling potential clients, a process often rife with rejection. Experience as a collegiate athlete helped her weather the difficult road. “It made me a tougher person,” says the All-American hurdler, high jumper and former Olympic hopeful who qualified for the 1984 Olympic trials. “I’m able to pick myself up and just keep going.” Today, Hatchett and her team manage a business with more than $2 billion in assets.
Hatchett, an executive director at Morgan Stanley, has been on Barron’s “Top 100 Women Financial Advisors” list since its inception and “Top 1000 Advisors” list five out of the seven years since its inception. She is the only African-American woman included in the “Top 100 Women Financial Advisors” ranking, which illustrates how isolating and intimidating the industry can be for women who look like her. Yet, Hatchett is confident in her role, in part because she had an impressive role model in her father, William “Bucky” Hatchett. The Rutgers University athlete told his daughter about being turned away from hotels at which his white teammates stayed. He didn’t let discrimination diminish his performance and ultimately became the only man in Rutgers history to be inducted into two sports halls of fame. “I hear stories like that and how could I not try to follow in his footsteps,” says Hatchett.
Hatchett earned a bachelor’s degree from the University of Virginia and an M.B.A. from Harvard University. An iMentor board member for the past 10 years, she is committed to helping underprivileged students obtain the same academic and professional opportunities afforded to her.
A supportive husband and an 11-year-old daughter help keep Hatchett grounded. Her dream is to expand her family by adopting children from Africa. “There are so many kids that need love and family,” she says.