Steve Garmhausen

Advisor spotlight: Haverford's president hits the Barron's list with the 'most unloved' strategy

Binney Wietlisbach: People here know if they introduce me as the boss’s daughter they will be in big, big trouble, because it really undermines your credibility.

Haverford Trust Co.

Binney Wietlisbach

<p>The RIA business is many good things but integrated from a gender standpoint is not one of them. This is not so great. Women are the majority of humanity and they have an asset-building strategy that can't be beat. Women outlive their beer-and-steak mates and end up with big estates. But today's women have too another strategy -- pursuing wealth in the workplace. Yet when they go to find fellow women to talk all this through with, they don't readily find them.</p> 

<p>Companies big and small have for decades fallen over themselves to say that they have women's initiatives but I can't think of one that has amounted to much. But there are stories-- dozens or hundreds -- of them about women exerting their influence on this business and we are starting to collect them. It's a starting place -- documenting the ground being covered by women in the form of engaging tales graphically depicted by the physiognomy of the fairer sex.</p>

Women of Wealth Management

Binney Wietlisbach wanted to be successful on her merits, not genetics. But the family business sucked her in.

Advisor spotlight: Haverford's president hits the Barron's list with the 'most unloved' strategy

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