How Ellevest is Helping Women Grow Their Wealth with Sylvia Kwan

09/20/24 • 26 min

Sylvia Kwan, CFA, CAIA, is the Chief Investment Officer for Ellevest, the experts in building and managing women’s wealth. In this episode we discuss Ellevest and the groundbreaking work they have been doing for over a decade to help thousands of women grow their wealth.

A few key takeaways

🔸 The data shows that women are underinvested compared to men - which is one of the many reason Ellevest focuses on women.

🔸 Women are not set up for success unless they investing - this is what we call the gender investing gap.

🔸 The financial industry was built by men for men by default. There was a study that surveyed a number of asset managers and asked who they built products for and 86% said men.

🔸 Investing is often a means to achieve a specific goal (pay for college, retirement, buy a home etc)

🔸 Ellevest is an RIA - they help women build and manage wealth. They offer financial planning and wealth management in addition to investing. They also have a divorce package and planning for inheritance package.

🔸 What is different about Ellevest’s portfolios is their goals based approach.

🔸 The concept of investing can feel overwhelming and intimidating but Ellevest has built a platform that makes it approachable.

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DISCLAIMER: The information on this podcast is made available solely for general information purposes, is not tailored to the individual needs of a specific person or group, contains only disinterested commentary and analysis, and is not promotional material or an offer or solicitation to buy or sell securities. Venture:F does not warrant the accuracy, completeness, or usefulness the information in this podcast. Any reliance you place on such information is strictly at your own risk. Venture:F does not offer any investment advice, we are not a broker-dealer or financial advisor, and this podcast does not constitute any form of legal, tax, or securities advice and may not be relied upon when making any investment decision. Investing entails risk, including the possible loss of principal, and past performance is not predictive of future results.

A few key takeaways

🔸 The data shows that women are underinvested compared to men - which is one of the many reason Ellevest focuses on women.

🔸 Women are not set up for success unless they investing - this is what we call the gender investing gap.

🔸 The financial industry was built by men for men by default. There was a study that surveyed a number of asset managers and asked who they built products for and 86% said men.

🔸 Investing is often a means to achieve a specific goal (pay for college, retirement, buy a home etc)

🔸 What is different about Ellevest’s portfolios is their goals based approach.

🔸 The concept of investing can feel overwhelming and intimidating but Ellevest has built a platform that makes it approachable.

SIGN UP for our newsletter at www.venturef.com/newsletter to get curated news and information about growing your wealth and investing in women delivered to your in-box every week.

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