Stock /stäk/ (noun): Ownership of a corporation indicated by shares, which represent a piece of the corporation’s assets and earnings.
We believe a single stock combined with curriculum on financial literacy will positively impact a child’s trajectory in life. Like the logo, a child’s path in life will have its ups and downs similar to the stock market. This initiative will be the catalyst that propels them toward a future that they did not believe was possible, helping them to break outside the confines of their neighborhood, like the arrow shooting out of the “O” in the logo. Students will be exposed to basic concepts related to ownership, money management, and investing. We will help children think like owners by first turning them into owners. We will turn One Million children into public company shareholders!!
One Stock One Future is specifically looking for children ages 8-18 for the program. We will teach a basic class about company stock, help them setup investment accounts with their parents or guardians, and then donate one share of stock to immediately turn them into shareholders. After launching in Chicago, we will execute the same program in cities across the country like Milwaukee, St. Louis, Detroit, Cleveland, Indianapolis, Baltimore, Atlanta, Oakland, LA, until we turn one million children into shareholders!
Rendel L. Solomon is a Principal with Muller & Monroe Asset Management (M²), a Chicago-based private equity firm. Prior to joining M², Rendel worked as an entrepreneur in the media and entertainment industry in New York. He began his professional career in the consumer packaged goods industry as a project engineer for The Procter & Gamble Company (P&G) in Cincinnati, OH. Rendel obtained his BS in Electrical Engineering from Tulane University in New Orleans and his MBA from Columbia Business School.
Rendel is actively involved with the National Association of Securities Professionals (NASP), National Association of Investment Companies (NAIC), and Sponsors for Educational Opportunity (SEO). From 2011 to 2014, he served as the President of the Associate Board for LINK Unlimited Scholars, a non-profit mentoring and scholarship organization. In October 2014, Rendel was recognized as a Rising Star in private equity by the NAIC. He has been asked to host a number of youth-focused financial literacy programs with organizations like the Chicago Urban League and Magnetar Youth Investment Academy.
Rendel is the oldest of three children raised on the Westside of Chicago in a rough neighborhood affectionately known as “K-Town.” The neighborhood has been challenged for decades with crime, drug activity, limited educational options, and poor housing. Throughout his educational and professional career, he has carried the attitude learned from his late Mother that education would be the key for him and his two sisters to rise above their surroundings. He has a vision for his community whereby every child has access to a high quality education and every family has the financial resources and financial education needed to take care of their families and build generational wealth. In the little spare time that he has, he enjoys playing poker, playing golf, and spending time with friends and family, especially talking to Granny and eating her delicious home cooking.