The spotlight continues to shine on how to attract and retain more women advisors in the investment industry in recognition of International Women’s Day earlier this month.
Ms. Tozser spoke with Globe Advisor about how the industry has progressed, the myths that still surround it, and her top tips for women starting out in the field.For women who are new to the industry, what’s changed is that there are now many women who’ve had long careers. For some women, they need to see other women doing this, so they know that they can do it themselves.
What’s also happened is very few women work in isolation. When you come into this business, you generally come into a team and instead of just sitting there at a desk trying to learn how to do everything, you’re working with somebody who knows what they’re doing. Jameson Berkow looks at how including home equity as an asset in a portfolio as a source of retirement income can help limit volatility risks that come from drawing down other securities.Seniors who have a severe debt situation or are facing bankruptcy often want to liquidate all assets to pay off creditors, but there are some assets that are creditor-proof such as registered retirement savings plans that are more than a year old.