Seeing women break through barriers in politics is encouraging to those in other male-dominated fields
A record number of women ran for Congress in the midterm elections, a breakthrough that could inspire female financial advisers to make similar progress in their own male-dominated profession.
Although the women on the ballot were waging political campaigns rather than formulating financial plans or prospecting for new clients, they fundamentally changed perceptions about female leadership.
"Women are saying we have a voice and it needs to be heard," said Angie Ribuffo, financial adviser at First Command Financial Services. "That speaks to the financial services world. Hopefully this will encourage women to think about all career fields where men dominate and say they can have a voice and they can make a difference."
The high profile of women in politics helps project a can-do attitude that transcends professions.
"The visibility is good for everybody — and trickles down to male-dominated fields all over," said Margo Sweany, vice president and wealth adviser at RMB Capital.
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