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.
