Allison Schmidt Interviewed by InvestmentNews
Today, women control a third of total U.S. household financial assets. That’s more than $10 trillion. But over the next decade, large sums of money are expected to change hands, driven mainly by demographics as women inherit assets from parents and spouses, through divorce settlements, and by investing their own hard-earned savings. These changes represent a critical inflection point for the financial services industry. When affluent women take over financial decision-making for a household, they typically seek out new wealth management relationships to suit their needs. With Mary Beth to discuss how to work with women investors, particularly when the female is the primary decision-maker in a couple, is Allison Schmidt of Higgins & Schmidt Wealth Strategies in Denver.
