Sallie Krawcheck Guest Contributor

Column: Advisors should be 'heroically available' during a crisis

Sallie Krawcheck: It feels a lot better during times of turmoil to close your door and work things through. This only adds to an organization’s stress level. 

Merrill Lynch

Sallie Krawcheck

<p>The RIA business is many good things but integrated from a gender standpoint is not one of them. This is not so great. Women are the majority of humanity and they have an asset-building strategy that can't be beat. Women outlive their beer-and-steak mates and end up with big estates. But today's women have too another strategy -- pursuing wealth in the workplace. Yet when they go to find fellow women to talk all this through with, they don't readily find them.</p> 

<p>Companies big and small have for decades fallen over themselves to say that they have women's initiatives but I can't think of one that has amounted to much. But there are stories-- dozens or hundreds -- of them about women exerting their influence on this business and we are starting to collect them. It's a starting place -- documenting the ground being covered by women in the form of engaging tales graphically depicted by the physiognomy of the fairer sex.</p>

Women of Wealth Management

Avoid the temptation to fall into efficient-fixer mode; let'em see you sweat -- but not tremble.

Column: Advisors should be 'heroically available' during a crisis

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September 1, 2022 at 5:11 AM

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