Kate Holmesage 32
Founder, Belmore Financial
- World traveler
- Went to college in Australia
- Global financial planning advocate
The travel bug bit Kate Holmes on a school trip to Europe when she was 14.
Today, that love of being abroad is at the heart of her career as a financial planner.
She is soon moving her practice overseas to Colombia and is also intent on spreading the gospel of financial planning internationally.
When she lands in South America in the next few months, most likely in Cartagena, she will have a completely virtual practice and communicate with her clients electronically. “With the number of expats abroad and technology making it easier to communicate, the world is getting smaller. I want to show what an awesome career a fee-only planner can be.”
“There is good internet and unlimited data and texting,” said Ms. Holmes. “And there’s an opportunity to help getting the (Certified Financial Planning) program up and running there.”
She has experience with planners overseas. She was in South Africa last year and met hundreds of planners. “They have the same issues there as we do here, like getting more women in the industry and increasing diversity. Most planners there are white.”
After graduating from college in Australia, she returned to the United States in January 2006 and worked for a small RIA in Seattle that specialized in 401(k) plans. That’s what sparked her interest in a career as a planner.
“I started sitting down with employees, and there questions were about getting married, divorce, credit card debt, or the loss of a parent,” she said. “They were about what’s going on in life, not what’s going on in the market.”
Seeking answers, she went to Barnes & Noble and bought a basic introduction to financial planning. By 2010, she earned her Certified Financial Planners certification. In 2013, she opened her firm, Belmore Financial.
Now, she’s taking her work overseas. “Everybody needs help,” she said. “People are not getting advice that is speaking to them.”
– Bruce Kelly