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I’m a woman advisor. I own a two office firm. 7 people... 4 woman 3 men. I’m a top advisor. I go to conferences... I post in this group. Way more than 10 of us out here. Look at your advantages as a woman not your obstacles
Hey girl hey!
Most of my client base is women. Even with married couples...nothing gets done without her approval.
I network in women only groups. I only talk about women in my 30 second elevator pitch. I use Sales Navigator to find women in business. I surf the moms Facebook groups in the area and promote women owned businesses.
Once you identify your niche, own it, don’t second guess yourself. It doesn’t mean you don’t serve men; it means your ideal client, your why, your how, is uniquely female. And some men might be attracted to that value prop. If they’re not...keep walking, buddy.
☝🏻 my thoughts exactly. During Covid growing due to attention to detail
This is actually an interesting topic that is unfortunate. Why does finance not attract as much female talent? Broadly not just advising.
@SimplePath - 🥂👏🏻👏🏻👏🏻👏🏻. I was exposed and stayed on -17 years not believing I could make it on my own. I knew I had it in me. I earned everything I could from broker and forever grateful on the lessons learned. Finally got the courage and left to make it on my own. 8 years later and loving what I do.
Got my daughter in this business Women on this business has a huge future ahead them This is the best time for a woman advisor - better than any other time
Go girls go !!!!!
It has been my experience, including an opportunity to purchase an established business by my wife, that women tend to gravitate towards positions with guarantees and salary versus 1099 positions in all walks of life.
If I offer a recent college grad the same position but with 2 different pay opportunities, women always have picked salary with nominal income growth opportunities and males usually picked lower starting salary for unlimited future income potential.
Neither is right or wrong, but our industry tends to attract personalities of the second nature.
Btw, I struggle to get any female applicants for even the salary position and would LOVE to have a woman's perspective on my team.
Is anyone aware of any studies that women prefer stability more due to genetics (hunter-gatherer) or it is learned (societal norms)? Would love to read that one.
I think it is something innate and biological. That is what drives us to try to find a stable financially secure spouse! Now that finding someone to marry is harder than ever before, we as a gender are learning we cannot rely on hopes of marrying a man (or woman or genderless being) to offer us that security we expected as children when we imagined our adult futures. so we are having to provide for our own security. What a rude awakening!
Last year I had a lot of success onboarding female niche clients. But this year has been exceptionally challenging. Referrals have dried up and my pipeline has alarmingly slowed down. Doing my best to not fret and stay the course, I’m proud of the work I do and know it takes time- but can’t help but pray for things to return to normal soon!!
When I was hiring new grads for a few finance and technology roles, applicants were virtually all men. When I reached out to resumes collected at career fairs, the males responded most often and with “gusto”. This could be bias from sheer number of male applicants, but I think it’s a systemic cause beginning very early, at least before college. Something about males and trying to get money and banking and whatnot? Who knows. I do think gender roles are changing a bit.
I agree gender roles are changing. Appreciate the insight. I agree I think it’s an issue with early discrimination. “It’s shameful for men to make less then women” “‘men are in charge of money” wrong statements but I hope we see genuine change. I don’t think these impressions of “good ol Wall Street” help that may be bad.
Was just curious on the thoughts of underlying issues
Eurrrghhh.
Much financial success within our company within the past few months. One on one communication and training has definitely changed