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Industry Spotlight > Women in Wealth

AIG Advisor Group Brings Women to the Forefront

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On the cusp of AIG Advisor Group’s women’s conference and International Women’s Day, which both fall at the beginning of March, AIG Advisor Group has announced the launch of its newly branded “Women FORWARD” initiative.

Women FORWARD, previously known as Generation i, is a comprehensive program that includes mentoring, training and networking initiatives for female advisors – as well as provide all advisors with tools to better attract, retain and enhance their relationships with female clients.

“By 2020, it’s projected that private wealth will grow by $14 trillion, and women will control about two-thirds of that money,” said Erica McGinnis, President and CEO of AIG Advisor Group, in a statement. “Our Women FORWARD initiative was designed specifically with these investors in mind as well as the female advisors who work with them. We firmly believe that the resources we’ve created will help those advisors involved grow their business.”

The initiative will focus on recruiting existing female advisors, as well as women who choose to be financial advisors as a first or second career and administrative staff who are on a path to becoming advisors. It will also include a mentorship program that pairs top AIG Advisor Group advisors, both men and women, with female advisors who want to grow their practice and expand their knowledge of the business.

Also available to participants will be an extensive curriculum of monthly webinars covering specific practice management topics, such as female client development, client review meetings, technology, marketing and more.

“AIG Advisor Group is dedicated to the growth of our female advisors and the relationships our advisors have with their female clients,” said McGinnis, in a statement.

The Women FORWARD initiative will be a hot topic at AIG Advisor Group’s upcoming W Forum on March 1-3 in San Diego, California where McGinnis will discuss some of the initiatives successes in promoting female advisors, the mentorship program and the Women’s Advisory Board.

Women FORWARD initiatives are driven by its Women’s Advisory Board, which is made up of two top-producing female financial advisors from each of AIG Advisor Group’s broker-dealers and key AIG Advisor Group executives.

“With more than 70 years of combined experience in the industry, the board serves a critical role in the future of the program by providing AIG Advisor Group senior management with practical perspective and ongoing guidance on the organization’s growth strategies related to both female investors and financial advisors,” according to a statement.

In addition to suggesting content for AIG Advisor Group’s annual W Forum conference, the Board provides insight and feedback regarding the efforts of Women FORWARD.

The AIG Advisor Group network of more than 6,000 independent broker-dealer reps comprises four broker-dealers – FSC Securities Corp.; Royal Alliance Associates Inc.; SagePoint Financial Inc.; and Woodbury Financial Services Inc.

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