Abacus Welcomes New Co-CEOs, Mary Beth Storjohann and Neela Hummel Mary Beth and Neela, each accomplished CFPs® and partners at the firm, have previously served as Chief Marketing Officer and Chief Advisory Officer of Abacus, respectively. They will now lead the $4.4B company on its mission of expanding what’s possible with money and leaving the…
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This Week in Women
The future of socially responsible investing is in female hands Women — overall — are richer now than ever before. And they’re soon to get even richer. Meghan, the Duchess of Sussex, says paid family leave ‘is not just about the mom.’ “This is one of those issues that is not red or blue,” Meghan…
This Week in Women
Michelle Wu is Boston’s first woman and first person of color elected mayor Wu, whose parents immigrated to the U.S. from Taiwan, broke a 199-year streak of white, male elected city leaders. She moved to the city from Chicago, and attended Harvard University and Harvard Law School. Will paid family leave make it into…
This Week in Women
‘Moms Are Cool’ program offers free financial counseling for mothers impacted by the pandemic The Senior Investment Role That’s Dominated by Women “I came from a mainstream background. At large conferences, there would only be one or two women in the room,” said Sarah Bratton Hughes, global head of sustainability solutions at Schroders. “As soon…
This Week in Women
Spanx founder Sara Blakely says business will expand into denim and more after Blackstone deal Blakely launched Spanx in 1998 with just $5,000 in her pocket, which she had earned from selling fax machines. Her vision at the time was to create a product for women to wear under clothing, that helped them feel more comfortable….
This Week in Women
The 60/40 Portfolio is Dead. Again. (Podcast) On this week’s episode of The Compound & Friends, Michael Batnick, Blair duQuesnay, Eddy Elfenbein, and Downtown Josh Brown discuss how Blackrock got so big, the death of the 60/40 portfolio, Project Thunder, red flags that no one cares about, the 5.9% increase in Social Security benefits, college…
This Week in Women
Male Investors More Likely To ‘Freak Out,’ MIT Study Finds The worst culprits when it comes to panicky selloffs? “Investors who are male or above the age of 45 or married, or have more dependents, or who self-identify as having excellent investment experience or knowledge tend to freak out with greater frequency,” the authors said….
This Week in Women
Women Still Do More of the Housework. Here’s How to Share the Load The women are burned out, stressed and full of rage about unequal distribution of domestic labor, she says. The men are finally starting to wake up to the problem. “There’s no denying it anymore,” Ms. Rodsky says. Many male partners have spent…
This Week in Women
Tech Women #ChoosePossibility I reached out to about 100 women tech entrepreneurs across the country and asked for their help in shaping this perspective. Through a simple survey, coupled with public data collection, a picture starts to emerge of some of the women who are and have been building tech companies successfully in the Valley…
This Week in Women
Alpha Female 2021: Just 11.8% of portfolio managers are women… and that’s an improvement It is based on Citywire’s database of 16,353 portfolio managers who run active mutual funds, or their equivalents, around the world. It found that globally 1,932, or 11.8%, of these managers are women, up from 11% in 2020. For the US…