Speaking on Women and Wealth

I had the good fortune to speak on The Client Connection webinar, hosted by Kathleen Burns Kingsbury and Meridith Elliott Powell.

Aligning values with wealth is an effective tool to build strong client relationships—especially with women. Catalytic Women turns advisors into philanthropic experts by providing tailored content and events for financial advisors and wealth managers, and the clients you serve.

I hope you’ll listen to the recorded presentation. Below are resources I mentioned for you to explore at your convenience. And, if you have other questions about women’s wealth and social impact, just contact me anytime at [email protected] or 415.999.3197.

Giving and social investment at any level, including modest amounts:

  • Making Micro Mighty: Impact Investing with $20-$5,000 is our free publication on a variety of social impact vehicles: charitable giving, giving circles, impact investing, gender lens investing, microfinance and crowdfunding.
  • Kathleen Kingsbury’s story of giving was our blog last week. We invite others – men and women – to share a story of giving on our Community page.
  • For more information on impact investing, check out the ImpactAssets 50 ranking of impact investment funds, as well as their overview of ROI and investment strategy.

Gender differences in financial and other decision making, including what I call “bluster”:

  • Catalyst does fascinating studies on gender differences.
  • Boston Consulting Group’s Leveling the Playing Field: Upgrading the Wealth Management Experience for Women effectively describes the relationship-based (rather than transactional) financial decisions more typical of women.

Philanthropic resources:

  • Donor advised funds from ImpactAssets and RSF Social Finance have competitive ($5000, like Schwab and Fidelity DAFs) minimums but are unique in their use of impact investing strategies for the corpus. (Please tell them I referred you.)
  • Community Foundations are a good resource for local nonprofit needs, both as grantmakers and philanthropic advisors. Use this online locator to find the nearest regional foundation.
  • Women’s foundations exist regionally around the world. Your woman clients may be especially interested in their updates, events and giving circles. Check out this online directory offered by Women’s Funding Network.
  • Stanford Social Innovation Review and Chronicle of Philanthropy are the two leading publications in the field of philanthropy and social impact.

Advisors are absolutely critical to a client’s financial confidence, and philanthropy is a great lever to create longterm relationships with your women clients. I’d love to speak at your next event and work with you in building strong client relationships through philanthropy.

And I’m especially thankful of Kathleen Burns Kingsbury—both for her involvement on our Advisory Board and for the opportunity to speak on The Client Connection.