S2EP93: Invest in Women: How Sallie Krawcheck is Walking the Talk at Ellevest

Sallie Krawcheck is the CEO and co-founder of Ellevest, an investing and wealth management company built by women for women. In a sea of financial services sameness, Ellevest stands apart with its mission to get more money in the hands of women. Prior to Ellevest, Krawcheck was one of the only financial executives of her generation to have held C-suite roles at the largest global banks — as CEO of Merrill Lynch, Smith Barney, US Trust, and Sanford Bernstein and as CFO of Citi. Today, as a venture-funded entrepreneur, she’s beat impossibly long odds to raise $144 million in venture-capital funding (women CEOs raise $1 out of every $10,000 Series B fintech dollars). Fortune Magazine has called Krawcheck “The Last Honest Analyst,” Barron’s considers her one of the “Most Influential Women in US Finance,” and Vanity Fair has named her to their “New Establishment List.” In this episode of Takin’ Care of Lady Business®, Jennifer Justice speaks with Sallie Krawcheck, the CEO and founder of Ellevest, an investment and wealth management company for women. They discuss the importance of financially empowering women and debunking societal myths discouraging them from prioritizing money and investing. Krawcheck highlights the difference between saving and investing, emphasizing the higher chances of positive returns with investing. They address the gender wealth gap and the impact of investing on women's financial independence, including the ability to leave toxic relationships and pursue dreams. Here is what to expect on this week’s show: Unveil the secrets of how compounding can amplify your investments over time.  Learn why one size doesn't fit all in investing and why women might need to approach investing differently.  Get a sneak peek into a platform aiming to revolutionize how women invest.  How to dive deep into investments that align with your values and secure your financial future while supporting causes you're passionate about. Quotes: “We've got to change culture to recognize that money wanting money is not being unattractive or unfeminine or greedy or shrewish or ugly or any of those things.” – Sallie Krawcheck “The smart way to do it is not invest on your emotions but to invest steadily and through a sense of panic.” – Sallie Krawcheck “The past is the past. Starting today [is a] good time to start.” – Sallie Krawcheck This episode is sponsored by Medjet. Medjet is the top-rated air medical transport and crisis response membership for travelers. If you’re hospitalized while traveling or your safety is threatened abroad, they get you home. Join Medjet before your next trip at Medjet.com. Learn more about your ad choices. Visit megaphone.fm/adchoices