A passion for working with widows

Sep 4, 2011 @ 12:01 am

By Jeff Benjamin

Landing in Houston for a scheduled layover on a business trip in California on the morning of 9/11, Kathleen Rehl never imagined she wouldn't get there.

After the airport was evacuated, the owner of Rehl Financial Advisors spent the night in a Houston hotel, where she experienced a “major anxiety attack.” The next day, she drove back home to Tampa, Fla., leaving her checked-in luggage behind.

For Ms. Rehl, the tragedy of that day was a significant springboard to the transition that has her now almost exclusively committed to providing financial advice and guidance to widows.

“I started working with widows before 9/11, but now it's my whole passion,” she said. “It was after the events of 9/11 that I really started thinking about this.”

Inspired by her pastor husband, Tom, who died in 2007, Ms. Rehl had been specializing in serving members of the clergy prior to 9/11.

These days, with widows and single women now making up a growing portion of her client base, she is spending more time on speaking tours and writing about the unique financial needs of single women.

Last year, Ms. Rehl wrote the independently published book “Moving Forward on Your Own: A Financial Guidebook for Widows.”

“Most financial advisers don't realize or think about the fact that 70% of widows fire their adviser within the first year after their husband dies,” she said.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Retirement: it's no longer about feeding pigeons from a park bench.

Today's retiree's expect so much from retirement than previous generations and advisers are in prime position to help their clients what's important and what's not.

Latest news & opinion

CFA Institute adding crypto, blockchain to curriculum

Subjects will be added to its Level I and II coursework for the first time next year.

Trump tax plan making dividend ETFs hot

Funds that are seeing inflows largely steer clear of sectors like utilities.

Wells Fargo Advisors continues to see a decline in brokers

Company also set aside $114 million over fees for rich clients.

Morningstar to replace funds in its managed portfolios with nine of its own

New sub-advised funds, offered exclusively through financial advisers, are intended to lower costs and provide 'greater flexibility.'

Average client assets top $2 million for first time

Charles Schwab's latest RIA Benchmarking Study reports organic growth is driving increased AUM and revenues.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print