Growing Wealth for Women
Women make up a significant percentage of our clients for a reason. We understand their financial challenges and provide them with solutions. We enjoy working with a wide variety of women; in particular we have found that women divorcees and widowed women appreciate the work we do for them.
We often find that after a divorce or widowhood, women seek out a new financial advisor for various reasons. Their previous advisor may not have included them in the investment discussion or they may have been ignored altogether.
Whatever your reason for seeking a new advisor, we are here to help you and we understand your needs.
We recognize that women are making significant gains in the ranks of corporate leadership and are starting to close the gap on income as well. We have come to appreciate the fact they have their own attitudes toward investing.
Women and Wealth
We understand women represent nearly 52% of the population, and American women are one of the world’s most powerful economic forces. In fact, forty-five percent of American millionaires are women, and by 2030 it is projected that women will control roughly two-thirds of the nation’s wealth, according to research done by the American College State Farm Center for Women and Financial Services.
Even though the gap is closing on leadership and income, we have learned by experience that men and women approach investing differently. While men are more hands-on, many women still prefer to have a financial advisor do the research and provide them with advice on long-term goals.
Recent research indicates many women look at their investments as a means to fulfill long-term goals, like buying a house or sending a child to college. They are more disciplined in terms of long-term planning.
Many women are more willing to learn about investing and take a more active role in their family’s investing decisions. But, they would rather learn in-person than to just read about it.
Researchers don’t describe these women as risk-averse, just more thoughtful about their investment choices. They are more willing to buy an investment and hold onto it. While men tend to be more competitive when investing, women are willing to take risks once they understand them.
What is your situation? Have you recently received an inheritance, been divorced or widowed? Are you in or near retirement and want to pursue long-awaited dreams after working hard and saving for many years?
Whatever your situation, we want to help you. We will listen to you, make you aware of your options, and implement the very best plan to manage your wealth in order to secure your future.
The information contained herein has been obtained from sources considered reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and investors may incur a profit or loss.