Do you know about the “The Great Wealth Transfer” that is currently happening?
Most women I talk to have never heard of it…I myself only learned about it under 5 years ago and I’ve still got so much to learn.
To put it simply, right now in the United States (as well as many other nations across the globe) we are making an enormous collective transition where women are estimated to hold an additional $30 trillion of wealth.
Yes, you read that correctly:
30 Trillion Dollars!
I think for many of us, it can be hard to wrap our minds around this amount of money–it can be easy to feel disconnected, separate or even not a part of this transition, particularly if we are really struggling financially or just trying to figure out how to pay the bills month to month.
Regardless of where you are at in your individual money life, however, I believe it is critical that we all are educated and informed about “The Great Wealth Transfer” because the potential for what this could mean for us as women, the planet and for generations to come is MAJOR.
And that is why I am honored to introduce the brilliant Robin Catlin to you all. Robin is a Certified Financial Planner, human-centered asset manager, and all around thoughtful woman.
In this week’s episode Robin and I cover:
-Some of Robin’s personal story about how she first became interested in financial services, including what it was like for her to watch her mother’s journey with money after her parents’ divorce.
-What she experienced and observed as a young woman working in the male majority industry of wealth management.
-How Robin initially lost connection with what she describes as her feminine energy and how she has gradually been recovering her wholeness as she ages.
-What “The Great Wealth Transfer” is exactly and what we need to be aware of as women who are alive during this massive and exciting transition.
-How women at any socio-economic status can get more involved, educated and informed when it comes to their money lives, and why it is so important that we do.
-The concept of human capital, what it is, and why it is critical to include in any money conversation.
-The opportunity that is currently on the table for women and why our involvement is essential.
-How issues of maternity leave, child rearing and care taking need to be factored in as we discuss women and money.
-Why more money does not necessarily equal fewer problems, more happiness or more fulfillment.
-The value of integrating relationships, communication and trust into any decision about money in partnership or family.
This conversation was EXTREMELY powerful for me to have and I’m left feeling even more inspired to continue educating myself so that I (and the women I work with) can be as well prepared and positioned to take part in this “Great Wealth Transfer” as effectively as possible.
**And as a reminder, we’ve just got one week left in the month of March so if you want to receive a gift bundle of my favorite women and money books in the mail, simply follow the instructions below. Once we enter April this will no longer be available, so don’t delay!**
Instructions to win my favorite women + money books:
1) Leave a rating and a review of Women Today on Apple Podcasts.
2) Snap a picture or screen shot of your review.
3) Email: firstname.lastname@example.org the photo proof of your podcast review with your name and mailing address.
4) Sit back and wait for a special package from me that will include a collection of my favorite women + money books!
Robin is a Managing Director at Matter Family Office. She runs the Denver office and leads the Culture and Legacy Division for the firm and client teams. She is passionate about supporting the growth and development of human capital – both for employees and for clients. Robin is a true life-long learner who advocates for the importance of building trust, communication, and financial literacy skills in her work with clients. Prior to Matter, she gained experience across a spectrum of career experiences in financial services. She started her career in asset management at Janus Capital in institutional sales and then spent time gaining financial planning experience at two Colorado investment management firms while earning her CFP®. She also built expertise serving complex families at Independent Means, where she served as a consultant to clients – family meetings and rising generation preparation were two of her areas of focus. Most recently prior to Matter, she was a Vice President at JP Morgan’s Private Bank where she provided strategic advice to high net worth individuals and families on lending and capital structure, investments, deposits, and wealth transfer.
Robin is originally from the East Coast where she graduated from Colgate University with a BA in Environmental Geography. After college, she was drawn to life in the West and moved to Boulder, Colorado. She earned an MBA at the University of Denver. She is currently pursuing a certification as an executive coach through the Newfield Network. She is passionate about giving back and is a member of Social Venture Partners and a trustee on her family’s foundation. She enjoys skiing, running, and spending time with her husband, Dan, and their three children.