Accomplishment(s): The greatest accomplishment over the past year has been to launch to our advisors a fully integrated digital solution that delivers value to their clients and increases advisor efficiency.
The vision was to partner with industry leading WealthTech firm’s and then build a fully integrated solution that syncs data for the advisor and client regardless of where they enter the information. This initiative was meant to solve the industry issue of several disjointed but desired WealthTech offerings.
As a financial solutions firm, our responsibility is to create a better experience for our advisors and their clients. Our solution, CLIC Advisor and CLIC Client, will provide a digital solution that is designed to evolve as the WealthTech landscape continues to change.
We have built the infrastructure that will support existing and new technology solutions such as financial planning, CRM solutions, trading, marketing and document storage. The possibility of how it will continue to evolve will keep me and the team motivated to continue to deliver enhancements.
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This initiative took a great amount of collaboration amongst several firms working towards a common goal. In launching a solution of this size and scope, I have learned to respect the various strengths of people and partners, overcome obstacles and stay focused on advisor needs.
Ultimately, we were able to deliver a value to advisors so that they can focus on what they do best, which is to help their clients meet their financial goals.
How to get more women into WealthTech: First, we need to recognize that there are women that are a part of the WealthTech innovation in financial services.
Women will participate when they know there is a safe and innovative environment that values their expertise. I truly believe we have hit a tipping point in the industry, and we will continue to see the number of women in our industry rise in the future.
Second, every woman and man in our industry can invite more diversity into our organization by proactively engaging with women who could have an impact in financial services. There are many women in other professions who are not aware of the benefits of a career in financial services.
I was driven to join our industry after college because I knew I could help others save for their retirement and protect their financial assets. Today, I find a sense of joy that we are able to help clients save for their children’s education, retire when they desire and through innovative technology visualize all of their financial goals.
I believe other women will feel the same so we need to continue to create awareness and again, extend the invitation to make a difference through financial services. Cambridge’s leadership team, including assistant vice presidents and above, reflects over half as female (56% of AVPs are women, 50% of VPs are women), so it is possible to accomplish with the right environment.