Event Recap: A Guide to Women’s Financial Empowerment

During her financial empowerment presentation at Community Memorial Hospital in Milwaukee, WI, Kathy Klein, CFP® spoke to a group of women who were eager to take charge of their finances. This event was part of the Legacy Planning Series hosted by the Froedtert Community Memorial Foundation.

“Women are an important economic demographic – our financial power is significant and growing,” Klein shared energetically. She recognizes that women are finding themselves to be completely responsible for their financial well-being. “I developed an expertise in assisting suddenly single women who must make financial decisions on their own.”

Women face obstacles such as a lack of formal education and experience that erode their confidence when it comes to finances. Klein provided the group with an affirmative message, “Despite these obstacles, study after study finds that women are excellent investors. I am here to help you find the confidence to be the excellent financial steward that you are!”

Klein taught the group how to make well-informed decisions regarding asset allocation, asset location, taking more/less investment risk, retirement age, and spending.

While not everyone finds investing as thrilling as Klein does, she shared a softer aspect of investing that aligns the portfolio with the investor’s values – a strategy called impact investing. “Are you concerned about the environment, social injustices or corporate governance? More and more women are doing well while their portfolio makes a positive impact in the world.”

Klein ended the discussion of impact investing with a heartfelt sentiment, “To live a fulfilling life, put your money where your heart is.”

Kathy Klein, CFP® is a wealth advisor at Strategic Wealth Partners where she is committed to helping individuals, families, and non-profit organizations create financial security, and build and preserve wealth through prudent portfolio management. She works closely with the Froedtert Community Memorial Foundation’s board of directors, and supports the hospital’s community involvement and planned giving committees.

Strategic Wealth Partners (‘SWP’) is an SEC registered investment advisor with its principal place of business in the State of Illinois. For additional information about SWP, including fees and services, send for our disclosure brochure as set forth on Form ADV from SWP using the contact information herein. Please read the disclosure brochure carefully before you invest or send money (http://www.stratwealth.com/legal).

Financial Planning
Cloudy Crystal Ball
As we start the new year, especially after a challenging 2022, the most frequent question we are asked is: What is your prediction for 2023? Admittedly, our crystal ball is cloudy. It always has been and always will be when it comes to short-term predictions. Still, there is no shortage of “experts” – supported by research, sophisticated models, and persuasive reasoning – that routinely broadcast what’s in store for the next twelve months. The harsh reality: it’s fool’s gold – entertaining but rarely actionable.
Read More
Investments
A Closer Look at Private Markets
As you are likely aware, ongoing volatility and rising interest rates made 2022 a very challenging year in the capital markets. We believe that this past year has highlighted the need for advisors to explore investment opportunities that exist beyond the traditional stock and bond markets. The private markets are one such opportunity set. In this article, we discuss what the private markets are, how these investments may fit into a diversified portfolio, and how we use them.
Read More
Current Events
What We Have Been Reading – Market Commentary & Beyond
Our team regularly reads articles from industry peers and trusted resources to stay up to date on financial markets. We enjoy reading about topics related to economics, investments, current events, and financial planning. In addition to circulating some of the best pieces internally, we thought our clients, partners, and friends might enjoy reading some of the same articles as us. We received great feedback on the articles we circulated in the first two quarters of 2022, so we wanted to follow up with some more! Here are eight recent pieces that our team members have read, along with some commentary on why we found the respective articles interesting.
Read More