Selected by an advisory board of distinguished women involved in the wealth management business, the list of the 50 Top Women in Wealth Management for 2010 includes the most influential, powerful, inspiring women in wealth management today.
Members of this impressive list were selected by the Top Women in Wealth Advisory Board. Some key members of this board are:
>> Jennifer Connelly, founder and CEO of JCPR, Inc., a financial services public relations firm.
>> Mindy Diamond, CEO and president, Diamond Consultants, a financial services recruiting firm.
>> Sheryl Garrett, founder of the Garrett Planning Network, Inc.
>> Gail Graham, executive vice president, Fidelity Institutional
>> Deena Katz, associate professor at Texas Tech University, and partner at Evensky & Katz
>> Ranji Nagaswami, former chief investment officer, AllianceBernstein
>> Kim Wright-Violich, president of Schwab Charitable
As selected by the board, the list aims to honor and celebrate women who epitomize the profession of wealth management. Members of the list are being recognized for their integrity, longevity, knowledge, community, energy, enthusiasm, entrepreneurship and encouragement of other women in the industry, rather than for the size of their financial practice or business.
Among the many women of note on the list are Sallie Krawcheck,president of Bank of America Global Wealth & Investment Management, ; Jessica Bebliowicz, chairman, president and CEO of National Financial Partners; and Margaret Starner, senior vice president of financial planning with Raymond James & Associates.
These 50 women are their clients’ advocates and their colleagues’ mentors. They contribute to the common good, excel in academia, have wealth management practices, and run firms, regulatory and legislative bodies.
They come from the broker-dealer, RIA, family office, private banking worlds and also encompass leaders from other parts of the financial-services universe, as well as forward thinkers who inspire by their innovation and excellence.
We hope you will enjoy reading about these illustrious women and learning more as we continue to add profiles of these honorees and articles about our survey findings throughout the year in a special area dedicated to Women in Wealth Management on WealthManagerWeb.com.
A View from the Top: Sallie Krawcheck
Currently president of Bank of America Global Wealth & Investment Management, Krawcheck is upbeat about her role as a leader in financial services:
“Our great opportunity is in our ability to emerge from the financial crisis as a better organization for our clients – be they individuals, companies, or foundations. We’re looking not just at what we do for them, but how we do it. Are we making their lives simpler or more complicated? Are we being clear and transparent? Would they be willing to refer their friends and family to us?
“I believe I benefit from my perspective as a former analyst and competitor. Over the long run, the most successful organizations will be those that can leverage their full global resources for clients – from checking to investment banking and from Mumbai to Manhattan – while making it easy for the client to take advantage of these resources.
“Bank of America’s growth philosophy has been to acquire skills, capabilities and businesses that matter most to clients. No one — and I mean no one — can match us when it comes to meeting client needs on so many levels. With all these capabilities, our job now is to knit the businesses together in such a way that we become indispensable to clients.”
Catherine Ayers-Rigsby Managing Director, CFA Ceros Financial Services, Inc. Rockville MD
Patricia C. Besser Managing Director, Senior Wealth Advisor U.S.Trust, Bank of America Chicago IL
Jessica M. Bibliowicz Chairman, President and CEO National Financial Partners Corp. New York NY
Phyllis C. Borzi Assistant Secretary of Labor Employee Benefits Security Administration Washington DC
Patricia C. Brennan President Key Financial West Chester PA
Mary Erdoes CEO, Asset Management JPMorgan New York NY
Carrie Coghill-Kuntz President D. B. Root & Company Pittsburgh PA
Gail Cohen Vice Chairman and General Trust Counsel; Director Fiduciary Trust Company International New York NY
Denise Voigt Crawford Securities Commissioner Texas State Securities Board Austin TX
Marilyn B. Capelli Dimitroff President Capelli Financial Services, Inc. Bloomfield Hills MI
Sheila Dorman SVP, Chief Operating Officer Northern Trust Securities Inc. Chicago IL
Coventry Edwards-Pitt Managing Director, Sr. Client Advisor Ballentine Finn Waltham MA Wolfeboro NH
Linda J. Fitz Principal, Co-Founder Aspiriant San Francisco CA
Tamar Frankel Professor of Law Boston University School of Law Boston MA
Sara Hamilton Founder and CEO FOX Family Office Exchange Chicago IL
Carla Harris Managing Director Morgan Stanley Investment Management New York NY
Mellody Hobson President Ariel Investment Management Chicago IL
Paula H. Hogan Founder, Financial Advisor Hogan Financial Management Milwaukee WI
Kim Ip Chief Operating Officer Luminous Capital Menlo Park CA
Elizabeth Jetton Partner RTD Financial Advisors, Inc. Atlanta GA
Sallie Krawcheck President, Global Wealth and Investment Management Bank of America New York NY
Barbara Krumsiek President and CEO Calvert Group, Ltd. Bethesda MD
Kristi Kuechler President Institute for Private Investors San Francisco CA
Maria Elena Lagomasino CEO GenSpring Family Offices Palm Beach Gardens FL
Diahann Lassus Co-founder, President Lassus Wherley & Associates New Providence NJ
Dianne F. Lob Chairman, Private Client Investment Policy Group; Head; Wealth Management Group AllianceBernstein New York NY
Deborah D. McWhinney President, Personal Banking and Wealth Management Citi New York NY
Doris Meister President, New York-Tri-State region BNY Mellon New York NY
Olivia S. Mitchell Department Chair and Professor, Dept of Insurance and Risk Management The Wharton School, University of Pennsylvania Philadelphia PA
Kyra Morris Founder Morris Financial Concepts Mt. Pleasant SC
Sharmin Mossavar-Rahmani Chief Investment Officer, Private Wealth Management Group Goldman Sachs New York NY
Susan Mucciarone EVP; Senior Managing Director, Eastern Markets Wells Fargo Family Wealth Philadelphia PA
Kathleen A. Murphy President, Personal Investing Fidelity Investments Boston MA
Nancy Pelosi U.S. Representative; Speaker of the House U.S. House of Representatives Washington DC
Rebecca Pomering CEO Moss Adams Wealth Advisors Seattle WA
Carmen M. Reinhart Professor of Economics; Director of the Center for International Economics University of Maryland College Park MD
Rosanne Rog? Managing Director, Client Services. R. W. Rog? & Co., Inc. Bohemia NY
Mary Schapiro Chairman Securities and Exchange Commission Washington DC
Eileen Sharkey President Sharkey, Howes & Javer, Inc., Denver, CO
Muriel Siebert CEO Muriel Siebert & Co., Inc. New York, NY
Cathy Simmons Director, Client Services; Chief Compliance Officer Legacy Wealth Management Memphis, TN
Michelle Smith Co-founder; Managing Director Alexandra and James Co., LLC New York, NY
Liz Ann Sonders SVP; Chief Investment Strategist Charles Schwab San Francisco, CA
Margaret Starner Senior Vice President, Financial Planning Raymond James & Associates Coral Gables, FL
Elizabeth Warren Leo Gottlieb Professor of Law Harvard Law School; Chair Congressional Oversight Panel, TARP Cambridge, MA
Amy Webber President & CEO Cambridge Investment Research, Inc. Fairfield, IA
Debra Wetherby Principal, Asset Manager and CEO Wetherby Asset Management San Francisco, CA
Jane Williams CEO Sand Hill Global Advisors Palo Alto, CA
Mary Zimmer Head, Primary Advisor Services RBC Wealth Management Minneapolis, MN