And the winner is …

Mary Waring- City-Wealth-Power-women-awardsAt last week’s Citywealth Powerwomen awards I was delighted to receive the Entrepreneurial Woman of the Year award, having been shortlisted from over 100 other nominees.

It was a total delight to be recognised for the difference I’m making in my client’s life by helping her feel confident and secure about her long term financial future. For most my clients, financial planning is an area she hasn’t had much, if any, involvement with before. So, at this very emotional time, she needs special care and support.

The reason I decided to specialise in financial advice to women was because I didn’t think the financial services industry was particularly female friendly. Only about 10% of advisers are female. The typical adviser is male, middle aged, grey suit and grey hair. There’s absolutely nothing wrong with that and no reason these males can’t do an absolutely fantastic job for you.

But the fact is, if you’re particularly looking for a female adviser, there just isn’t that many of us around.

Many of the women  I work with are going through divorce, or recently bereaved. Often their husband has dealt with the finances during the period of the marriage. Therefore, if things go wrong and they end up getting divorced, or very sadly widowed, they are often very scared about their financial position and anxious about what it means for their future.

They don’t need different advice to men. But they will often need a different approach- a bit more handholding (sometimes literally).

I have worked hard to create a service in Wealth for Woman which is very different to the service from a standard IFA firm. It’s also a lot more superior in my view, but I could be a tad biased! The service is based around what is really required by a female who feels uncomfortable with finances and scared of making the wrong decision.

If you need some help with your finances and you’ve been holding off doing anything, or if you know anyone who needs some help please contact me at mary@wealthforwomen.biz in the first instance with some brief details.

I look forward to hearing from you.

Mary Waring is a Chartered Accountant, Chartered Financial Planner and Money Mindset Coach, helping women transform their relationship with money so that they can become free and powerful. She is also the bestselling author of "The Wealthy Woman: A Man is Not a Financial Plan."

Read More

If you enjoyed this post, we recommend the following as additional reading. 

Help, how do I take control of my finances?

I had a meeting with a potential client last week who’d been following me on Twitter and as a result of my tweets had been motivated to get to grips with her finances. Hooray the message is getting through! The thing that confused her was “where to start?” If I was Julie Andrews I could…

Read More about Help, how do I take control of my finances?

Why a husband should pass all his assets to his wife!

To be strictly correct the proper headline for this article should be: “Why the higher tax paying spouse should pass their assets to the lower paying or non earning spouse”. But I love starting off with something controversial. Why put a sensible headline when you can create havoc with a bit of controversy! Women get…

Read More about Why a husband should pass all his assets to his wife!

The Coronavirus and Market Declines

The world is watching with concern the spread of the new coronavirus. The uncertainty is being felt around the globe, and it is unsettling on a human level as well as from the perspective of how markets respond. At Wealth for Women, it is a fundamental principle that markets are designed to handle uncertainty, processing…

Read More about The Coronavirus and Market Declines