Deb Seaward's blog
The holiday season is upon us, which means gift shopping, visiting family members and planning for end of the year events. It’s easy to get caught up in the holiday mayhem year after year, and before you know it too many years could pass while you put off planning for your financial future.
We live in a fast-paced, high-energy society that is constantly on the move and always looking for shortcuts. As a result, certain aspects of our lives are often put on hold until a more convenient time when life isn't so hectic. The fact of the matter is that life is always busy and sometimes we have to force ourselves to pay attention and take care of the important things now, so that we won't pay the price down the road.
Supposedly, Freud once posed the question: What do Women Want?
It seems to me the Financial Industry is still trying to figure that out. (But then again, aren’t most men?)
Smart Money reports that over 70% of women feel underserved and dissatisfied with the financial-planning services they receive.
This crazy economy has handed advisors a golden opportunity to reach out to women…who know they need help and, according to the question I get most often, are desperately looking for advisors they can trust.
Here’s where I believe the financial industry has missed the boat. Advisors are talking to women just like they do men…because the financial world is based on the male model of communication. Big mistake.
Women are not men!
Women More Likely To Consult A Professional Advisor
Women investors are more likely to consult a professional financial advisor than men, according to a new study of wealthy women investors released by the Spectrem Group on Tuesday.
According to the Lake Forest, Ill.-based consulting firm, around 46 percent of those with a net worth of between $100,000 and $1 million rely primarily on a financial advisor for their information. Women's use of financial advice increases with wealth levels, according to the survey. Roughly 64 percent of female millionaire investors and 82 percent of female ultra-high-net-worth investors -- with assets of $5 million and up -- seek financial information from a professional advisor.
This weeks Weekly Clarity Coaching is also this months "Town & Gown coaching article that we create here at Financial Abundance. For those not local, T&G is a prestigious local magazine, a State College and Penn State tradition since 1966. This month article featured Deb Seward here in the office and she explains why most american's end up with a lot of stuff in their portfolio. A short and informative read...