What You Need to Know
- The firm aims to boost support and career development for this group of financial professionals.
- Its first group in the six-month program includes 40 mentees and 12 mentors.
- The firm introduced its Women’s Leadership Network for home office staff in 2011 and Summit for Women Advisors in 2019.
Commonwealth Financial Network has introduced a mentorship program for female advisors in response to feedback that these women want more networking and education from their peers. Its first group in the six-month program includes 40 mentees and 12 mentors.
The firm, which has more than 400 female advisors among its 2,000-member independent advisor community, says that rather than one-to-one mentoring, its program groups advisors with “similar goals and affinities.”
“We’re elated that so many of our women advisors have chosen to take this journey with us and with one another,” said Jessica Fougere, vice president of conferences, events and community outreach.
“We’re committed to giving our women advisors everything they need to succeed personally and professionally, and that starts with asking the right questions, listening to feedback, and putting programs together that foster a sense of belonging and fulfillment,” Fougere added.
What Your Peers Are Reading
The themes listed as most important to Commonwealth’s female advisors are work-life balance, diversity and inclusion, career development and stress management.