Keypoints:
The gender pay gap is well known, but there is also an investing gap, where women tend to invest less than men. This is detrimental to their finances, and it's not just limited to investing – women are also underrepresented in senior roles in finance, with just 9% of senior positions in venture capital and private equity being held by women, and only 11% at hedge funds.
While the investing gap and lack of representation in finance is a problem, these women are working to close the gap and provide education and opportunities for other women. By following their work and learning from them, we can all take steps towards achieving financial success.
Arian Simone is the General Partner of Fearless Fund, which focuses on investing in women of color. The fund's mission is to bridge the gap in venture capital funding for women of color, and it offers pre-seed, seed, and series A financing. Simone is also the author of "The Fearless Money Mindset: Broke Doesn't Scare Me."
Amanda Holden runs The Dumpster Dog blog and has a course called Invested Development that simplifies investing concepts in an entertaining way. She also has a popular Instagram account.
Cathie Wood is the CEO of ARK Invest, a collection of ETFs. Her flagship ETF, ARK Innovation, is the largest actively managed ETF, and it made 150% last year due in part to bets on companies like Tesla.
Wood's actions are closely watched, and she has been known to move markets – for example, DraftKings' stock rose 8.6% in one day after it was announced that ARK was including it in one of its funds.
Mabel Nuñez is the CEO and founder of Girls on the Money, a stock investing education platform that helps women and underrepresented communities learn about investing. She is the author of "Stock Market Investing Mini Lessons For Beginners: A Starter Guide For Beginner Investors," and she offers free resources for beginners on her website.
Jannese Torres-Rodriguez hosts the Yo Quiero Dinero podcast, which covers topics like pursuing financial independence, navigating finance as an immigrant, and the importance of investing. The podcast is aimed at Latinas, and Torres-Rodriguez also has a blog where she writes about personal finance topics.
Sarah Catherine Gutierrez is the founder of Beyond Your Hammock, a financial planning and wealth management firm for women. She is also the host of the podcast "The Financial Confessionals," where she interviews people about their financial triumphs and struggles.
Sallie Krawcheck is the CEO and co-founder of Ellevest, a digital financial advisor for women. Ellevest was created to close the gender investing gap and help women reach their financial goals. Krawcheck is a veteran of Wall Street, having previously worked at Bank of America and Merrill Lynch, and she has been recognized as one of the most powerful women in finance.
Sirena Bergman is the co-founder of Finimize, a financial education company that aims to help people make better financial decisions. Finimize offers a daily newsletter and a chatbot that provides personalized financial advice. Bergman has a background in finance and was named to the Forbes 30 Under 30 list in the finance category in 2018.
Tara Siegel Bernard is a personal finance columnist for The New York Times, where she writes about issues that affect women and their finances. Her columns cover topics like the gender pay gap, saving for retirement, and negotiating salaries.
Jean Chatzky is the financial editor for NBC's "Today" show and the host of the podcast "HerMoney with Jean Chatzky." She is also the author of several books on personal finance, including "Money Rules: The Simple Path to Lifelong Security." Chatzky provides practical financial advice that is accessible to a wide audience.
The lack of representation of women in finance and the investing gap are important issues that need to be addressed. However, there are many talented and successful women in the field who are working to close the gap and provide education and opportunities for other women. By following their work and learning from them, we can all take steps towards achieving financial success and closing the gender wealth gap. These leading women in investing serve as role models and inspirations for anyone looking to succeed in the world of finance.