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Industry Spotlight > Women in Wealth

Top Women in WealthTech 2020: Lori Hardwick of Riskalyze, RedRock

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Accomplishment(s): I am very proud of the fact that I was named chairman of Riskalyze this past year. It has always been a passion of mine to enhance how advisors work with their clients, and there are many things we’re working on at Riskalyze to make that a reality for tens of thousands of advisors every day.

We also made major strides in Riskalyze’s enterprise solutions, which include a completely digitized bundle of offerings for firms to comply with Reg BI.

How to get more women into WealthTech: There are so many great women in our industry, and from my vantage point, I can easily see the impact of the work that so many of us have done to move the needle. We still have work to do.

I believe we need to turn our attention toward the many talented women who simply don’t know how to best position their careers for success in wealth tech. This industry is primed for careers centered on creativity and a deep understanding of user experiences. In my opinion, women are extremely well-suited for roles like these.

Advice for those starting out: Always be confident, authentic, and prepared. Research shows that women tend to spend more time preparing for upcoming meetings than their male counterparts, but when they are in the meetings, they frequently do not speak up or share their thoughts.

You must be confident enough in yourself and your talents to share your points publicly so you can not only participate in the meeting more proactively, but start to build credibility as well. And always be yourself — emulating others and their style will not get you very far in the long run.

Sources of insights and inspiration: My number one source of inspiration and wisdom is other female leaders in our industry. I count myself lucky to have an amazing advisory group, which is comprised of women who have made it to the top of their firms or serve on corporate boards as I do. They have been incredibly gracious with their time and energy to help support me when I need it.

I try to pay that forward by helping mentor other young females in our industry as much as I can, as well. There isn’t a week that goes by when I’m not reminded of the struggles some of the younger women in our field continue to deal with, and it fuels my passion to keep pushing forward on their behalf.


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