Technology and Beyond: A Synergetic Blend

How Financial Advisors Can Effectively Market to Female Investors

How Financial Advisors Can Effectively Market to Female Investors

That unexpected responsibility, plus her marriage shortly before, had a seismic impact on her financial footing. There is always the potential of losing money when you invest in securities. Asset allocation, rebalancing and diversification do not guarantee against risk in broadly declining markets. All annuity contract and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the claims-paying ability of the issuing insurance company. They are not backed by Merrill or its affiliates, nor does Merrill or its affiliates make any representations or guarantees regarding the claims-paying ability of the issuing insurance company. If your teenager has been receiving an allowance or has picked up her first real job, she now has a regular paycheck coming in.

Then build generational wealth using proven financial advice for women. Establishing effective communication and being responsive is paramount to maintaining female clients’ trust and retaining them as clients.

They can help you set and reach savings goals, plan for retirement, choose investments, devise a tax strategy, and even make insurance decisions. Brookstone Capital Management understands financial advisors’ unique challenges in marketing, maintaining, and growing their businesses.

If you are saving for a home, which is typically the most significant purchase people make in a lifetime, consider the full cost of your housing choice, Singleton advised. Once you’ve identified areas where you can cut back, direct those funds into an investment account and slowly increase the amount over time. In 2020, women made 83 cents for every dollar earned by men, according to the U.S.

But it doesn’t take a finance degree to understand some of the basics about saving and investing. Having been there myself, I thought I’d pass on what I’ve learned over the years. Plan for financial security and flexibility regardless of your relationship status. That way, whether your plans come to fruition or you enjoy remaining single, you will have made responsible steps to achieve a financially prosperous future.

And develop a smart strategy for maximizing your income when you claim Social Security,” recommends Sabbia. The opinions expressed in this newsletter are those of the Financial Advisor Kim Inglis, BCom, CIM, PFP, FCSI, CAFA and not necessarily those of Raymond James Ltd. (“RJL”) or Raymond James (USA) Ltd. (“RJLU”). Statistics, factual data and other information presented are from sources, believed to be reliable but accuracy cannot be guaranteed. It is furnished on the basis and understanding that Raymond James Ltd. and Raymond James (USA) Ltd. is to be under no liability whatsoever in respect thereof. It is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities.

Read more about investing in ETFs for beginners here.

As a child, Jean recalls working with her siblings at a poultry farm every Saturday as an egg checker, working to earn 10 cents to go to the movies. Jean says that her experience growing up during the Depression and being raised by a single mom impacted how she looked at finances. Personal recommendations are a good option for finding a planner who specializes in the LGBTQ community. You can also use XY Planning Network or Garrett Planning Network and filter by a variety of LGBTQ-related financial service providers. “Women relate to women in a way that men can’t,” Maggie Gomez, a certified public accountant and founder of Money With Maggie, said. “It’s always nice to be completely heard and understood. This comes much more naturally for women from what I’ve seen.” Calculate the difference between what you own and what you owe to see where you stand financially.



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