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I'm Stephanie Sammons, a CERTIFIED FINANCIAL PLANNER™ and the Founder of Sammons Wealth Management. I help successful women professionals who are in midlife plan for their ideal retirement. Learn more about planning, saving, and investing for your ideal retirement at Sammons Wealth Management.
what women aged 50+ need from financial advisors

Show Notes for this Episode:

Women in midlife are different when it comes to what’s important in working with a financial advisor. According to a recent survey from Hearts & Wallets, a Financial Research Organization, women 50 and older are more demanding than women under age 45 with their financial advisors, and also more than men.

Although I don’t care for the word ‘demanding’, I do believe that when we enter midlife as women, we become more clear about what we want our money to do for us to and through our retirement years. I have definitely experienced this myself and with the women clients of my financial practice where I specialize in retirement planning for women professionals in midlife.

In this episode of the podcast, I share the findings of the survey, including the categories with the biggest percentage point difference in what women want vs what men want from their financial advisor. I also share the top 9 categories that matter most to women when working with a financial advisor.

The biggest differences between women and men include women wanting a financial advisor with long-term experience and specialized expertise.

One of the most important wants for women 50+ is working with a financial advisor who charges reasonable fees that are easy to understand.

Tune in to this episode of the podcast to hear more of the survey findings, and see how they compare to your own personal experience with a financial advisor.

Resources Mentioned in this Podcast:

Next Avenue – What Women 50+ Want From Financial Advisers: Much More Than Men

How to Choose the Right Financial Advisor


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