The women finance forgot: Ellevest CEO Sylvia Kwan on closing the gender wealth gap

Ellevest CEO Sylvia Kwan has a striking statistic she uses to explain why the company was founded: in a survey of asset managers by BNY Mellon Investment Management, 86% said their default customer is a man.In this episode, the first of a two-part conversation, Sylvia Kwan shares why Ellevest is on a mission to close the gender investing gap and why it may be just as important as the gender pay gap.We discuss:Why the gender investing gap exists and how it contributes to the wealth gapWhat Ellevest discovered about women’s attitudes towards riskSylvia's surprising route to becoming chief investment officer and then CEOHow Ellevest is breaking down the barriers that keep women from investing---About Sylvia KwanSylvia Kwan is the CEO and Chief Investment Officer of Ellevest, a women-founded and women-led financial services firm dedicated to closing the gender wealth gap. Prior to Ellevest, she founded SimplySmart Asset Management and held senior portfolio management positions at Financial Engines and Charles Schwab. A Chartered Financial Analyst with more than 30 years of industry experience, Sylvia serves on the Board of Exit 182, the investment committee that oversees the endowment of Grinnell College.Learn more about Ellevest: https://www.ellevest.com/Follow Ellevest on LinkedIn: https://www.linkedin.com/company/ellevest/Follow Ellevest on Instagram: https://www.instagram.com/ellevest---If you enjoyed this episode, don’t forget to leave a rating or review on Apple Podcasts or Spotify. Send questions for our guests or any feedback to: [email protected] episodes you might like:Where is the female crash test dummy?AI vs the feedback gap---Connect with Made for UsShow notes and transcripts: https://made-for-us.captivate.fm/LinkedIn: https://www.linkedin.com/company/madeforuspodcastInstagram: https://www.instagram.com/madeforuspodcast/Newsletter: https://madeforuspodcast.beehiiv.com/