MS. TURLINGTON BURNS: Sure. So, I have a thirteen-and-a-half-year-old daughter, and that was the baby that you saw in the video. When I delivered her, actually after I delivered her, I experienced a post-partum hemorrhage. I had a perfectly healthy pregnancy, and there was absolutely no indication during my pregnancy that I would have a complication like that. But luckily, I was in a birthing center within a hospital in New York City, and a team of providers that worked seamlessly together to make sure that my complication was managed and I was fine, and my daughter was fine. However, in the weeks after this experience I learned that globally in 2003, the global estimates for a pregnancy and childbirth-related complications and deaths were beyond half-a-million. And that just really struck me, like, "Why do I not know this? I can't believe I went into this experience not knowing this." And I felt like I had to learn more about why this was happening. And I learned that most of these deaths are preventable. Which beg the question, "Well why if we know how to save these lives, are we allowing these lives to be lost?" Which continues to be a goal in uncovering, you know, in many, many countries, including this one, why are we allowing women to die when we know how to make sure that they don't? 

“I listen to 20 hours of customer calls every month,” says Murphy. “Young people call and they’re trying to figure out what to do with their the money.” The answer – she says – is basic asset allocation often accomplished by putting with the help of a target date fund. “When things get more complicated they probably will want a financial advisor. But [at the start] let’s demystify it and if there is a simple investment solution focus on that. Betterment Data Scientist Sam Swift agrees. “We encourage people to be as passive as possible,” he says.

MS. CRONSTEDT: So, a dinner kit or a meal kit company is basically that we deliver groceries with a recipe that you cook at home. So, I wanted to actually improve lives of families, women, to cook quicker, better food for their families, so that's what I was doing. And mentoring opportunities and networks like these, like Global Ambassador's Program, do not exist in Russia. They're just not there. So, having been chosen to participate in this program was a huge confidence booster. It made me, you know, I was part of the team, and secondly, the time that my mentor gave me caring for my business, the insights and some very actionable advice that really worked for my business, that was very forceful. I had never thought that that would be possible. So, coming back from Russia I implemented the changes that Biatta [phonetic], my mentor, suggested, and only now that I can look back two and a half years later, I can really appreciate the amount of impact that made on my business, and actually on my second business which I started six months--


Earlier this year Christine Lagarde (No. 6) was selected to serve her second five-year term as head of the International Monetary Fund , the organization which serves as economic advisor and backstop for 188 countries. When she took over in 2011 the world economy was still recovering from the financial crisis. Lagarde, however, has projected a weak, fragile and still risky recovery. 
MS. TURLINGTON BURNS: Well, the causes of death are the same. Post-partum hemorrhage is the leading cause, but—and you have sepsis, and different infections that might arise. You have hypertensive disorders, which you might see here in a different way than in other countries. We have a rising sort of chronic disease problem here in the United States, and so obesity, diabetes, those are our conditions that certainly impact the health and wellbeing of mom and her birth, and the child's birth as well. I think you would think that in our country where we spend more on healthcare than any other industrialized country per capita that we would have not the same lack of care, that access wouldn't be the problem and yet— 

Looking back, I’d emphasize to never sell yourself short and believe in the value you can add to a client. I never thought my opinions and judgment as a 22-year-old would be valuable to a client (isn’t that what my bosses are for?), but this role elevates you to positions where you will be asked for your thoughts and asked to represent the firm in various client situations.
Your goal, therefore, is to try to keep your emotions in check. Although there’s little direct data to suggest that women are less susceptible to market euphoria, they do seem a bit calmer during panics. The Vanguard Group looked at whether customers of its retirement plans were moving money out of stocks during 2008, when the U.S. market plunged 37%. Overall, the fund giant found, investors were fairly steadfast, but women were more so, proving to be 10% less likely to sell their stock holdings than men.
11. Statistics Canada, “Occupation - National Occupational Classification (NOC) 2016 (693A), Highest Certificate, Diploma or Degree (15), Labour Force Status (3), Age (13A) and Sex (3) for the Labour Force Aged 15 Years and Over in Private Households of Canada, Provinces and Territories, Census Metropolitan Areas and Census Agglomerations, 2016 Census - 25% Sample Data,” 2016 Census (2017).
Women have different strengths when it comes to investing. Although they may make less money, they tend to save a bigger percentage of their income – 8.3 percent versus 7.9 percent for men, according to research by Fidelity Investments. And although men may take more risks with investments, women can focus on paying lower fees, making socially conscious investments and shoring up for rainy days. Here are a few targeted tips.
PIMCO’s global Inclusion, Diversity & Culture (IDC) initiative seeks to heighten our employees’ appreciation for diverse perspectives and skills, which in turn will facilitate increased collaboration and enhance our ability to attract, retain, develop, and engage top talent – all of which we believe will lead to better outcomes for our clients and PIMCO.
Our New Year’s resolutions can vary across an endless array of categories—from finding love, making new friends, and moving to a new city to acquiring a new hobby or skill set. Among the most popular resolutions that people make involve job- and career-related goals. However, while making a New Year’s resolution for career change and success can be the beginning of a wonderful new chapter in our lives, it’s really just the first step.
MS. OULIMATA SARR: Thank you. You know, once a year the Cherie Blair Foundation reaches out to people who want to donate their time, and you know, that year I agreed to spend a year with a mentee across the globe, and I was assigned a young lady in Malaysia who was manufacturing washable pantyliners out of bamboo fiber, and her biggest market was California. And yes, probably the new-age women who don't want to use disposable pantyliners.
Learn the basics: Sabbia mentions that the easiest first step is to simply expose yourself to trusted financial resources and education. This approach can be crucial to gradually bridging that confidence gap for women. "Whether it be conducting personal research, enrolling in an online class or consulting with an expert, spend some time learning investing fundamentals," Sabbia suggests.
3. Create an investment plan. Once you have set your goals, you need to create a solid investment plan. First, determine how much money you have to invest, and start thinking about how to make your money work for you to achieve your financial goals. Rather than a set of rules, an investment plan provides guidelines that can help you organize and direct your energies. Financial plans should have continuity and a solid foundation, but at the same time be adaptable to changes that invariably happen in life. For more on financial planning, read Developing a Personal Financial Plan.
MS. URZAIZ: That's right. We wanted to be better, and decided that a way to prove that we're doing above and beyond what is in our hands we decided to become Fair Trade Certified, and not only that B Corp, for those of you who know what B Corp is, which means we do above and beyond. We're not only committed with our suppliers, that is the weavers, but also with the environment and with the community as a whole giving back.
MS. NELSON: All right. Katerina, I want to, I want to come back to you and some of what you were talking about about the power of mentoring and partnership, and also bring together a strand that Melanne was talking about earlier, the idea of needing networks, and how valuable networks are. And one of the things that we've found at Vital Voices, because ultimately what we are is a network of 15,000 women leaders around the world, across different sectors, as well as mentors and others, and what we've definitely seen is that there's something about women being part of a non-competitive and non-hierarchical network, that it encourages women leaders to take risks that they wouldn't have normally taken. Can you talk about, I mean did you have that experience? I mean I know you're sort of a risk-taker by design, as an entrepreneur you have to be. But I'm curious, I mean what's next for you and what has, what has been unleashed through gaining more support and mentoring?
Against this backdrop, countless talented female bankers have emerged in positions of power and influence in the last ten years, and contributed to the region's thriving status. Going by the strong network of up and coming female financiers, women will continue their march on high finance in Asia. finews.asia names the region's top twelve most influential female bankers.
MS. CHRISTY TURLINGTON BURNS: Here in Haiti many women have to walk an average of five miles just to receive any kind of maternal healthcare. During my last trip here we were bouncing along the road, and I thought "Hey, why don't we run this? Why don't we run or walk this? Let's see what this really feels like." At Every Mother Counts we run as a way of educating the public about how distance is a barrier for women to access quality maternity care.
The result is an investment gap. Fewer women take part in the financial market, and that hurts women’s total wealth over time, thereby exacerbating the gender wealth gap. It’s a vicious, sexist financial cycle. “If women earn less and don’t invest those earnings, the gap gets bigger and bigger,” Morrison says. But as Morrison proves, it doesn’t have to be this way.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence. You can follow him on google+, facebook, and twitter.
Best Advice: “A lot of young people are told to do what you’re passionate about. I say do something that challenges you. Don’t’ think about it too much. I tend to overthink about whether I really like something. Nothing is going to be this absolutely perfect fit. But as long as you’re learning, you’re going in the right direction. Get on a path and start learning as much as you can. When you’re not learning as much anymore, then it may be time to take a different path. I still have a lot to learn in the finance field. It would not do me justice to shy away right now because I’m just beginning to learn.”

When I got my first management position nearly 15 years ago, My global manager said to remember, 'Transparency and honesty are key to managing relationships and gaining trust from people. And it’s harder than you think.' It’s true. It’s incredibly hard sometimes to deliver a message you know someone is not going to like, but in the long run, it really pays off to be as transparent about a situation as you can be.
Once you meet all these requirements, you can open your own investment accounts. If you fit that bill, then check out our Investing 101 guide to get more details on how investing works. Then, head over to our checklist that will give you the steps to opening an investment account. And, if you know you’re ready, there’s no better place to start than our Start Investing Bootcamp. 
Best Advice: “A lot of young people are told to do what you’re passionate about. I say do something that challenges you. Don’t’ think about it too much. I tend to overthink about whether I really like something. Nothing is going to be this absolutely perfect fit. But as long as you’re learning, you’re going in the right direction. Get on a path and start learning as much as you can. When you’re not learning as much anymore, then it may be time to take a different path. I still have a lot to learn in the finance field. It would not do me justice to shy away right now because I’m just beginning to learn.”
You also need to work harder sometimes in order to get recognition or get same bonuses. It might also be harder for you to find a mentor at workplace, but again you could solve those problems by working hard, finding mentors outside of workplace or developing mentorships slowly at work through developing your own brand and consistently proving that you are reliable.
Zachary Cohen is an accomplished finance professional with over 18 years’ experience as an investment banker, project manager and corporate executive with aggregate deal and pitch experience totaling over $2.1 billion USD. Over the course of his career in finance, he has also worked at such firms as Merrill Lynch, ConocoPhillips, CB Richard Ellis, DPFG, InveStellar Corp., and Silver Fern Management. He has advised dozens of companies on a wide range of corporate finance and strategic initiatives.
Break the silence on money. " Our study found that 61% of women would rather discuss details of their own death over money topics ," Sabbia said. "This is impeding women’s financial empowerment and preventing them from taking needed action to build up wealth." Sabbia suggest that women with more advanced knowledge should encourage and lead open discussions with other women about financial and investing goals, concerns and fears.  Discussions could be in and outside of the workplace, by holding "investing 101" events or even more casual and intimate small group coffees or dinners. That sort of venue could help encourage women to share investing success stories, advice and actionable tips for getting started.
FAFSA and taxes. Whether a parent or guardian claims you as a dependent or you file taxes on your own determines whose information is required to fill out the Free Application for Federal Student Aid, or FAFSA, and who can claim tax credits and deductions. Discuss your financial status before each school year and address any changes, like a raise or job loss.

Since the early 2000s RobecoSAM, a sustainable-investment specialist that assesses thousands of public companies on environmental and social criteria, has included measures of gender equality, such as equitable pay and talent management. After realising that in the decade to 2014 firms that scored well on these measures had better returns than those scoring poorly, it launched a gender-equality fund in 2015. Since then it has outperformed the global large-cap benchmark.
Men were also significantly more likely to take more risk than the platform’s algorithms advises for them. Interestingly, the moves didn’t come as a reaction to one particular headline but the markets themselves. “We see people in general move toward stocks when stocks have been up the last 7 days – and toward bonds when stocks have been down the past 7 days,” Swift says, acknowledging that this is the antithesis of what investors should be doing. The key is to try to understand who you are and how you’ll react to market moves. Making an appointment to check your portfolio once a month rather than when the spirit strikes may be the better idea. “The more active you are, the more inclined you are to participate.”
Thankfully, there’s already been a shift in the market. Over the past three years, Fidelity has seen the number of women investing their money with the firm grow by 19 percent, to more than 12 million. And it seems women know they need to save more — when Fidelity looked at workplace retirement accounts, it saw that women consistently saving a higher percentage of their paychecks than men at every salary level. Women saved an annual average of 9 percent percent of their paychecks, compared to 8.6 percent for men. But there’s still a ways to go to bridge the divide. Here are a few ways to do it.
This is a very valid concern. Yes, we are expected to stay as late as the males. I work in SF, and we are told to take taxis home, which can still be dangerous late at night. The world is a much more threatening place for women than men. All I can tell you is to be aware of what is going on during the ride. Also, I usually text the cab's license number to my parents and boyfriend and talk to someone over the phone for however long I am in the cab.
As we say in my country "you weren't crying when you were eating the meatballs". Why is she bringing it up now and not when it actually happened? Because it's a convenient time to come out of the woodwork and get some publicity and possibly financial rewards. Welcome to the pussification of the Western world. Being a professional victim is becoming more and more widespread.
Invest In Women 2019 is the leading forum nationwide to explore, discuss and learn about issues that are meaningful for women financial advisors and female clients. Both male and female advisors are invited to this event that promises insight and networking to help practices grow. The 2019 conference will offer expanded programming that reflects input from prior attendees as well as other industry leaders. Take the opportunity to be inspired — and have fun — at a conference you won’t want to miss. Plan to be there and register now.
My boss once told me to always have the strength to admit when I’m wrong. There’s nothing more intimidating than realizing you’ve made a mistake, and it takes a lot of confidence and courage to admit it. Just remember that we’re all human, and it’s better to own up to mistakes rather than hide them. (Plus they rarely stay hidden). It really builds respect and trust among a team.
Health Maintenance Organization (HMO): A type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO. It generally won’t cover out-of-network care except in an emergency. An HMO may require you to live or work in its service area to be eligible for coverage. HMOs often provide integrated care and focus on prevention and wellness.
The 11th year for Women in Investing Network of Philadelphia (WIN) is off to an amazing start.  Our first two programs – an interactive session on Rules of Negotiation and a panel discussion on Financial Planning for Women by Women – had record attendance.  The Program Committee has finalized the program line-up for the remainder of 2018 and topics cover industry and professional topics as well as networking opportunities at our annual summer social and our holiday party.
MS. CALABRESE BAIN: So, I can talk about a few of the ways that Bank of America has made some progress on this front because I think that there's always more that we can do around education. So, you know, we have a partnership with the National Association of Women Business Owners in 60 cities across the U.S. where we partner Bank of America/Merrill Lynch women chapter leaders in these local cities to really bring thought leadership, to bring education, sometimes to bring financing. But it is our way of understanding what is it that makes women business owners tick? So that how can we be more supportive? So, you saw a couple of things earlier on the screen. We've got a partnership with the Tory Burch Foundation Capital Program, which we started in 2014. We've been able to finance over 1,100 women, small business owners, and commit $25 million worth of capital, and we hope to see that program grow. We also work with our Community Development Financial Institutions. It's always a mouthful, but for those who are not familiar they really provide technical assistance and affordable loans across the U.S., and Bank of America is the largest investor of CDFIs. So, we're really thrilled with our participation with 240 lenders across the United States. So, thank you for all of the support and the partnership. Lastly speaking about one more program, through Andrea's support in supplier diversity and development, again this is another program where we can work directly with women and diverse owned businesses, and in 2016 actually invested over $2.6 billion in procurement spending.
Because women are more inclined to do research and more likely to exhibit patience than men, they’re well equipped to take the same disciplined approach to selling as they do to buying and are less prone to unloading their stocks during a market panic. Ketterer suggests establishing triggers that prompt the reevaluation of each holding. A trigger could be a set date (say, at the end of a quarter or the end of a year), or it could be a specific rise or fall in the share price. Ketterer sets a target price for each stock she buys and reevaluates it when the price approaches that level. A falling stock price is not a reason to sell, she says. But it may indicate that your initial analysis was flawed and requires review. “The greater the frequency of review of a company, its industry and the economic environment, the better,” she adds.
Learn the basics: Sabbia mentions that the easiest first step is to simply expose yourself to trusted financial resources and education. This approach can be crucial to gradually bridging that confidence gap for women. "Whether it be conducting personal research, enrolling in an online class or consulting with an expert, spend some time learning investing fundamentals," Sabbia suggests.
Shelly Bell has lived many lives. She’s a computer scientist, a former high school teacher, a performance poet, a community organizer, a founder, and a CEO. She has two successful apparel printing businesses: MsPrint USA—through which she creates swag for clients like Amazon and Google with a team of women designers and printers—and Made By A Black Woman, which celebrates products made by Black women.

The reluctance to invest outside of company plans may be related to women’s lack of confidence in their investing abilities, which can make them prone to procrastination. “Women hold back because they think they need to know everything before they invest,” says Alexandra Lebenthal, chief executive of Lebenthal & Co., a New York City money-management company. Krawcheck agrees, saying that wanting to know more before getting started can be a trap. “There’s always a desire to know more. But if you wait, it just gets harder,” she says.


Women need to master the art of investing, in order to stay financially independent and also to ensure that their goals are always in line with the family’s goals. So, is there an age where women should start looking at investments? Actually, there is no particular age to start saving and investing. The earlier you start the better it is. This holds true whether or not you’re a woman.

3. Create an investment plan. Once you have set your goals, you need to create a solid investment plan. First, determine how much money you have to invest, and start thinking about how to make your money work for you to achieve your financial goals. Rather than a set of rules, an investment plan provides guidelines that can help you organize and direct your energies. Financial plans should have continuity and a solid foundation, but at the same time be adaptable to changes that invariably happen in life. For more on financial planning, read Developing a Personal Financial Plan.
Simply put, women don’t invest as much as men do. And they don’t invest as early as men do, either. Of all the assets women control—both inside and outside their portfolios—they keep a full 71% in cash, according to a survey by BlackRock, whereas men hold 60%. Cash may feel like zero risk, but it also has zero potential to grow as stocks do over time. And even with low inflation, the purchasing power of that cash will decline over time. So the price of certainty you get with cash is high.

Consider a male slugger who puts $1,000 each into two speculative stocks versus a female lead-off hitter who invests the same amount in two dividend-paying blue-chip stocks. The high-quality stocks each return 10% over the course of the year, leaving the female investor with $2,200. Meanwhile, the male investor hits a home run with one of his picks, which doubles, but strikes out with the other, which loses 90% of its value. His total after a year is $2,100.

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