We’re entering our third year of LTTF, and it grows stronger
each year. It’s the kind of innovative program that makes a
Advice for those starting out: Believe in yourself, take enough
time to enjoy life, understand the world is much bigger than
you think and travel!
Sources of insights and inspiration: I try to focus on trends
outside our industry for opportunities and insights. I find
“The Wall Street Journal” and “Harvard Business Journal”
to be valuable sources. I’m also fortunate to belong to a
women’s leadership group at Securities America. We review
various books, articles, TED Talks, podcasts, etc. as a group.
It’s extremely valuable to be able to reflect on the discussion
and hear insight from other female leaders, whether they are
tenured leaders or brand new.
CEO of Wealth Tech, RedRock Strategic
Partners; Chairman, Riskalyze
Accomplishment(s): I am very proud of the fact that I was
named chairman of Riskalyze this past year. It has always been
a passion of mine to enhance how advisors work with their clients, and there are many things we’re working on at Riskalyze
to make that a reality for tens of thousands of advisors every
day. We also made major strides in Riskalyze’s enterprise solutions, which include a completely digitized bundle of offerings
for firms to comply with Reg BI.
How to get more women into Wealth Tech: There are so many
great women in our industry, and from my vantage point, I can
easily see the impact of the work that so many of us have done
to move the needle. We still have work to do.
I believe we need to turn our attention toward the many
talented women who simply don’t know how to best position their careers for success in wealth tech. This industry is
primed for careers centered on creativity and a deep understanding of user experiences. In my opinion, women are
extremely well-suited for roles like these.
Advice for those starting out: Always be confident, authentic,
and prepared. Research shows that women tend to spend more
time preparing for upcoming meetings than their male counterparts, but when they are in the meetings, they frequently do
not speak up or share their thoughts.
You must be confident enough in yourself and your talents
to share your points publicly so you can not only participate
in the meeting more proactively, but start to build credibility
as well. And always be yourself — emulating others and their
style will not get you very far in the long run.
Sources of insights and inspiration: My number one source of
inspiration and wisdom is other female leaders in our industry.
I count myself lucky to have an amazing advisory group, which
is comprised of women who have made it to the top of their
firms or serve on corporate boards as I do. They have been
incredibly gracious with their time and energy to help support
me when I need it.
I try to pay that forward by helping mentor other young
females in our industry as much as I can as well. There isn’t
a week that goes by when I’m not reminded of the struggles
some of the younger women in our field continue to deal
with, and it fuels my passion to keep pushing forward on
Chief Operating Officer, Aladdin Wealth
Accomplishment(s): As wealth managers shift to fee-based
advisory relationships, they are asking for new technologies
to help them scale their business and build better portfolios.
So in November 2018, we announced a strategic partnership
with Envestnet to integrate our digital wealth technologies
into Envestnet’s platform — and extend BlackRock’s reach to
the more than 90,000 U.S. financial advisors Envestnet serves.
This partnership is a continuation of BlackRock’s Digital
Wealth agenda: to empower our wealth management partners
to grow their practices through technology. And in 2019 we
integrated iRetire into Envestnet’s platform. Our partnership
is allowing advisors to understand clients’ objectives, build
and implement better portfolios, and communicate to clients
where they stand.
How to get more women into Wealth Tech: We’re moving into
an exciting and innovative time within the Wealth Tech industry — and women will be an equal part of that. My best advice
to women is to stay curious and continue to get involved. It
is important to ask questions and raise one’s hand in order to
evolve and adapt alongside this ever-changing industry.
Even more important will be women’s ability to rely
on each other as partners and mentors within this space.
At BlackRock we have an internal Women in Tech group
that serves as a forum for open conversations, mentorship
opportunities and networking. I’m also really proud of our
partnerships with groups such as Girls Who Code, an organization that helps high school students pursue their own
tech career dreams.