M. Julie McKinley
Firm: Fiduciary Counselling Inc
Title: President and CEO
Main Office: St. Paul, Minn.
Total AUM: $3.7 billion
Website: www.fidcouns.com
Ownership: 50% but less than 75%
Anne Shumadine
Firm: Signature
Title: Chairman
Main Office: Norfolk, Va.
Total AUM: $2.77 billion
Website: www.signatureus.com
Ownership: 50% but less than 75%
Katherine Lintz
Firm: Matter Family Practice (Financial Management Partners)
Title: President
Main Office: Clayton, Mo.
Total AUM: $2.1 billion
Website: www.fmpartners.com
Ownership: 50% but less than 75%
WM: What are the biggest myths advisors have about working with women clients?
Lintz: Many feel that women are more emotional investors. Actually the opposite is true. Women are savvy, thoughtful, and prudent investors; they have a natural and healthy skepticism that makes them in tune with risk versus reward.
Jeanie Wyatt
Firm: South Texas Money Management Ltd.
Title: CEO, CIO
Main Office: San Antonio, Texas
Total AUM: $1.8 billion
Website: www.stmmltd.com
Ownership: 50% but less than 75%
WM: What challenges within the industry keep you up at night?
Wyatt: Investors are very concerned about speed trading and short selling, making them perceive that the playing field is uneven.
Read more on Jeanie Wyatt
here.
Peggy Ruhlin
Firm: Budros, Ruhlin & Roe Inc.
Title: CEO
Main Office: Columbus, Ohio
Total AUM: $1.54 billion
Website: www.b-r-r.com
Ownership: 25% but less than 50%
WM: What are the biggest challenges you face in your day-to-day practice?
Ruhlin: At this stage, my biggest challenges are managing people and managing growth—just keeping all the balls in the air.
Read more on Peggy Ruhlin
here.
Katherine Willis
Firm: Palladium Registered Investment Advisors
Title: Director
Main Office: Norfolk, Va.
Total AUM: $1.44 billion
Website: www.palladiumllc.com
Ownership: 25% but less than 50%
WM: What is the biggest mistake that investment professionals make with women?
Willis: Communication. Women appreciate someone who takes the time to talk to them—not down at them condescendingly or above them trying to look smart.
Jana Shoulders
Firm: Adams Hall Wealth Advisors
Title: CEO, Co-founder
Main Office: Tulsa, Okla.
Total AUM: $1.40 billion
Website: www.adamshall.com
Ownership: 25% but less than 50%
WM-Only 30 percent of financial advisors are women. How can we encourage more women to enter the field?
Shoulders: We need to do a better job of recruiting at the college level. We also need to focus on employers providing flexible work arrangements to retain them as they start families.
Barbara Raasch
Firm: RCL Advisors
Title: Member
Main Office: New York, N.Y.
Total AUM: $1.25 billion
Website: www.rcladvisors.com
Ownership: 25% but less than 50%
Faith Read Xenos
Firm: Singer Xenos Wealth Management
Title: Director
Main Office: Coral Gables, Fla.
Total AUM: $919 million
Website: www.singerxenos.com
Ownership: 25% but less than 50%
Bonnie Grisz
Firm: Paratus Financial Inc.
Title: Managing Director
Main Office: Dallas, Texas
Total AUM: $900 million
Website: www.paratusfinancial.com
Ownership: 75% or more
