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"The Devil Ties My Tongue" by Amy Seiwert performed for the SKETCH Series, 2013. Photo by David DeSilva. Courtesy of Amy Seiwert's Imagery
Inspired by DDP Founder’s #AskB4UGive, Ellevest Publishes “How to Know if Your Investing Firm Supports Women”
BY SALLIE KRAWCHECK
31 July 2019
A woman I know once said something to me that I think about every day: “I’m tired of supporting businesses and institutions that haven’t supported me. I no longer want to have my money managed at a company at which I wouldn’t want my daughter to work.”
That hit me, hard. And I couldn’t agree more.
So what does that look like — in an industry in which 86% of financial advisors are men? What are the questions we should be asking so that we can dig deeper, find out if our values align, see whether an advisor will truly support us?
Here are six of them.
What does your team look like?
First things first: What’s the gender breakdown of your team of financial advisors? What about the senior leadership team? And how has that changed over the past 5 years?
Most will lead with their “commitment to diversity.” But the proof is in the executive team, so to speak. If they say they’re all about diversity, but the people who lead the firm or look out for their clients’ best interests all look the same, then their “commitment” doesn’t hold much water, does it?
Read the full article on Ellevest.
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