Mentoring, leadership the buzz at Women's Forum

Mentoring, leadership the buzz at Women's Forum
Importance of work-related relationships a feature at InvestmentNews-IPA event.
JUL 23, 2014
Mentoring and leadership were all the buzz at the second annual Women's Forum on Wednesday, hosted by InvestmentNews and the Investment Program Association. Successful businesswomen from a number of big named companies boasted about the importance of their work-related relationships, especially in regards to mentorship. But the real spotlight was on how these relationships and leadership skills must come from women and benefit women. “Most boards are looking for people, CFOs, CEOS — that's where the gender discussion falls short,” Jyoti Chopra, managing director and Global Head of Diversity and Inclusion at BNY Mellon, said. Ms. Chopra focused on the skills needed to become a leader, including problem solving, the power of persuasion, executive presence and negotiating skills and stressed the need to develop an elevator pitch, a few seconds-summary of yourself if you're ever caught in an elevator with someone you want to impress, as well as becoming a part of the 21st century with online professional profiles. “Building relationships is a lifelong journey but it's never too late to start,” Ms. Chopra said. “Think of your career as a portfolio.” Some women have taken those steps in order to climb up the ladder, including the women on the panel about mentoring. They, paired with those they mentor, talked about the balance in their relationship and how they work with each other to succeed. “As much as I'm mentoring him, he's mentoring me,” Kayla Flaten, prime services account manager at Pershing, said about her mentoring relationship with Mark Tibergien, chief executive of Pershing Advisor Solutions and the only man on any of the panels. The women on the panel “A Journey to Success” talked about the ways they made it to the top and gave advice to the younger generation. “Things that made me annoying early in my career have become an advantage today,” Rebecca Pomering, CEO of Moss Adams Wealth Advisors, said. She told of how she was an eager young woman who always took on whatever job her company may have needed from her. And, unlike her fellow panelists who said starting out as a woman a few decades ago proved difficult, she said “it's worked to my advantage over and over.” “Maybe my gender got me the opportunity, but that's not how I'm going to demonstrate my performance,” she said. The conference provided fertile ground for tweets.

Latest News

Is Wall Street's AI risk analysis right for RIA portfolios?
Is Wall Street's AI risk analysis right for RIA portfolios?

Anthropic's Millennium partnership moves AI from reactive tool to proactive risk monitor — but other wealth tech leaders question its fit for RIA practices.

AI is resetting trust in wealth services, says Advisor360's new CEO
AI is resetting trust in wealth services, says Advisor360's new CEO

Milind Mehere offers perspective on why ambient AI, not smarter models, will define the next decade of wealth tech.

Ex-indy rep turned phony finfluencer gets two years in prison
Ex-indy rep turned phony finfluencer gets two years in prison

Kenneth Thom, 42, reinvented himself as a finfluencer known as “K Money.”

Trump sued over Truth Social's paid early-access data feed
Trump sued over Truth Social's paid early-access data feed

A press-freedom lawsuit filed in Manhattan challenges the president's $100,000-a-month Truth API service used by trading firms.

Zero-fee IRAs quietly cost savers up to $1,400 a year, PensionBee study finds
Zero-fee IRAs quietly cost savers up to $1,400 a year, PensionBee study finds

Research reveals six hidden costs inside "zero-fee" IRAs, with one investment mistake potentially amounting to $170,000 over a 30-year period.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income