Women's financial influence: the power to effect change through money choices

In 2020, Bank of America’s Claire Costello and Jackie VanderBrug published a paper exploring how women’s financial decisions can have a positive impact on the world. The report found that women—along with making 90% of the financial decisions in American households, including investing and philanthropic choices—are projected to hold $110 trillion in assets by 2025. This creates a significant opportunity for women to use their financial power to support causes they care about.

This report also showed a divide in charitable giving between the sexes with women with up to 93% of women donating money or volunteering, compared to 80% of men, and a particular focus on reinvesting into their families. Women tend to view investing as a way to articulate their values, using their wealth to achieve broader goals for their families, society, and the world.

DOELL OSMAK Wealth Management recognizes the potential for women to make a positive impact through their financial decisions. As wealth managers, Darcie Doelle and Laurianne Osmak are dedicated to helping women find personalized financial strategies that align with their values and goals. By working together, they help women leverage their financial power to create meaningful change in their families, communities, and society.

For women who already invest but haven’t prioritized investing in organizations and causes they believe in, it’s never too late to start. By discussing their interests and values with a financial advisor like those found at DOELL OSMAK Wealth Management, they can create personalized financial strategies that align with their goals. Switching to ESG investing, which prioritizes the environment, social justice, and good governance, is also an option for women who want to make a positive impact on the world while growing their wealth.

Let us help you unlock the potential of your financial power and create a better future for yourself and the world. Reach out to us and experience our personalized wealth management services tailored to your values and goals.