Contributed by: Lauren Adams, CFA®, CFP®
Contributed by: Shatara King
The Center is proud to announce that it will be observing Juneteenth as a new holiday going forward.
What is this new holiday? In 2021, Congress overwhelmingly voted to make Juneteenth – the holiday commemorating the abolition of slavery – the 12th federal holiday. This makes Juneteenth the first new federal holiday since Martin Luther King Jr. Day was signed into law in 1983.
Juneteenth (which stands for “June nineteenth”) commemorates the day in 1865 that federal troops arrived in Galveston, Texas – months after the end of the civil war— to take control of the state and ensure that all enslaved people be freed. This came over two years after the signing of the Emancipation Proclamation. Although emancipation didn’t happen overnight for all the enslaved people in Texas, celebrations broke out among the newly freed, and Juneteenth was born. Slavery was formally abolished with the adoption of the 13th Amendment in December 1865.
This year, Juneteenth will be observed on Monday, June twentieth. The Center, Raymond James, and public trading markets, including the NYSE, NASDAQ, and bond markets, will all be closed in observance of this new holiday.
Lauren Adams, CFA®, CFP®, is a Partner, CERTIFIED FINANCIAL PLANNER™ professional, and Director of Operations at Center for Financial Planning, Inc.® She works with clients and their families to achieve their financial planning goals.
Shatara King is a Client Service Associate at Center for Financial Planning, Inc.® She has a Bachelor of Science in Human Resource Development from Oakland University and also serves as the Chair of The Center’s Diversity & Inclusion Committee.