Traditional pathways to wealth—home ownership, higher education, entrepreneurship, and investing in stocks—have been inaccessible to many, often because of systemic discrimination. The tools that exist today to support people on these well-established pathways are often designed with more privileged customers in mind, distributed in ways that don’t reach people living on lower incomes, and built on assumptions about trust and credibility that do not hold for large segments of the population.

Commonwealth’s vision is to make wealth possible for everyone by cultivating a new generation of innovative wealth-building tools and pathways suitable for the 21st century. Last year, Commonwealth published our Wealth Building Blueprint which identified seven areas of opportunity for wealth-building innovation: credit building, shared ownership, stock market investing, employee stock ownership, microbusiness, data, and blockchain technology.

Now, after an additional year of research, experimentation, and engagement with families living on low and moderate incomes (LMI) across the country, the blueprint has evolved into the present version, outlining the progress we’ve made in these focus areas, as well as the future paths for this work.

This report is made possible thanks to the generous support of MetLife Foundation.