In honor of Mother’s Day, LPL Financial shared a story of a successful mother-daughter duo.
Sally Ng, a longtime LPL Financial advisor based in Walnut Creek, Calif., works with her daughter, Jeanette Ng, as independent financial planners affiliated with The Wealth Consulting Group, supported by LPL Financial. They focus on developing individualized financial plans, with the majority of their clients preparing for retirement.
“My family is everything,” Sally Ng said. “It’s so rewarding and fun to work with my daughter.”
According to Jeanette Ng, her mother “planted the seed about joining her business” as early as high school.
And, as they say, mother knows best. Jeanette Ng officially joined her mother’s practice in 2013 and was made partner last year. Because they work so closely together, Jeanette Ng said she absorbed a tremendous amount of experience and knowledge in both financial planning and business management.
Sally Ng also learned her work ethic from her mother, who was a Chinese immigrant. She says she developed her entrepreneurial spirit while working for her family-owned grocery store.
“My mother didn’t speak English, but she ran the family store and worked hard to give us a better life,” Sally Ng said.
She added that her parents couldn’t afford employees, so she and her siblings stocked the shelves during the day and went to paying jobs at night.
After college, Sally Ng worked in the banking industry for 10 years before shifting to financial services in 1990, coming in through the insurance arm. Wanting more independence and to gain control of her career, she joined LPL Financial in 2002.