Financial professionals Courtenay Shipley at Retirement Planology, Kristen Deevy at Pensionmark, Katrina Bell at Zuna, and Deane Mayerhofer at Strategic Retirement Partners reflect on mentors, challenges, and the 401(k) industry.
By Allison Brecher
We’ve all seen the stats about female representation in the financial services industry. Almost half of financial services employees are women, which sounds pretty good. But if you take a closer look, you’ll notice that as we climb the career ladder, women become underrepresented. In 2018, only 33.5% of advisors were female and a mere 15% of executive leaders were women. When we focus on women who specialize in the retirement sector, their confidence in their career trajectories mirrors these results. According to Women in Pensions Network, only half agree their career path looks promising, and one in three don’t believe they have enough education to advance.
The need for change is way overdue. And given that March is Women’s History Month, I wanted to highlight the important role women continue to play in the 401(k) space by honoring some of the incredible female advisors we get to work with every day at Vestwell.
Earlier this month, I had the opportunity to sit down with Courtenay Shipley at Retirement Planology, Kristen Deevy at Pensionmark, Katrina Bell at Zuna, and Deane Mayerhofer at Strategic Retirement Partners to understand what drew them to retirement, who inspires them, and what advice they have for others.