Kedra Newsom is a core member of the Financial Institutions and Social Impact practices at Boston Consulting Group. She also serves as the Chicago office lead for the firm’s Diversity Cadre.

Since joining BCG in 2009, Kedra has focused her work on the financial services sector and on K-12 public education. She has acquired deep experience working in operations strategy for asset management and asset-servicing firms. In the education space, she has spearheaded the development of a statewide report card for Illinois schools and a strategy development project for the University of Chicago Charter School network.

Prior to joining BCG, Kedra was a software development and IT strategy analyst at Merrill Lynch.

AREAS OF EXPERTISE

EDUCATION

  • MBA, Harvard Business School
  • BSc, computer science and engineering, Massachusetts Institute of Technology

Publications and Videos

What Governments Can Do to Curb Inequality

What Governments Can Do to Curb Inequality

Inequality is a complex challenge. To tackle it, governments should not only provide safety nets for citizens but also create trampolines that help them advance.
Global Asset Management 2021

Global Asset Management 2021: The $100 Trillion Machine

In a uniquely tumultuous year, assets under management worldwide showed strong overall growth, passing a major milestone along the way.
Racial Equity in Banking Starts with Busting the Myths

Racial Equity in Banking Starts with Busting the Myths

Misconceptions about Black and Latinx un/underbanked households make it hard for the financial sector to address the problem effectively.

How to Reduce the Wealth Gap between Black and White Americans

White families in the United States have a median wealth nearly 10 times greater than that of Black families. BCG Managing Director & Partner Kedra Newsom Reeves explores this racial wealth inequality, and outlines how financial institutions can support Black Americans.

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Bridging COVID-19’s Racial Divide

BCG’s analysis uncovers the reasons for the large disparity in the number of deaths for white people and for people of color in the US.
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Financial Institutions Can Help Break the Cycle of Racial Inequality

Closing the wealth gap demands radical disruption in the way financial organizations and investors prioritize, target, and invest in Black consumers.
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Managing the Next Decade of Women’s Wealth

For too long, wealth managers have looked at the women’s segment through a marketing lens. But women don’t want pink products. They want individualized service. Advisors that fail to adapt will miss out on a $93 trillion opportunity.
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