What The Elle - 😵‍💫 It’s not you, it’s them

Plus, what a “fine” financial planner can cost you.
͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     
Ellevest
What the Elle logo

FRESH STARTS

 
 

Our financial advisors hear lots of scary stories from women. Like the one whose advisor was also her trustee. Meaning … he was listed in the trust documents and had full authority/discretion to do what he wanted with the money. Hello, conflict of interest!

Or the one who asked her advisor how much she was paying him and he told her not to worry about it. Turns out he was charging her nearly 2% in advisory fees — nearly double the industry standard — with additional hidden costs.

Or the one who left her former advisor because even when she directly asked him a question, he responded to her husband instead.

Too often, women blame themselves when they’re not meeting their wealth goals. You tell yourself that you’re not working hard enough for that raise, or you’re making too many irresponsible financial decisions, or you don’t have the right investing savvy to put your money to work.

But what if we told you: It’s not you. It’s them.

Them as in a “just fine” financial partner who does the bare minimum.

Them as in a condescending financial partner who doesn’t consult you on the decisions they make with your money.

Them as in a financial partner who just isn’t working that hard for you.

Or, if you don’t have a financial partner in your life yet, them as in ‌the money myths that tell women they’re not good at money.

Them as in the gender pay gap, the gender wealth gap, and the gender retirement gap.

This is exactly the reason we built Ellevest.

Because 0% of women say they think the financial industry was built with them in mind.

Because we believe you deserve a better financial industry. We believe you deserve a better financial partner.

Our all-women team of financial advisors and planners are not just capable. They’re empathetic. They’re understanding. And they work really hard for you, because they know what you deserve.

As spooky season ends and the new year approaches, it’s time to let go of them and embrace a Future You who feels good about her money and her financial partner. That’s what we’re here for — and, as always, your initial consultation is on us.

 
Book a complimentary call
 

“I’ll probably live to be hatefully 95 years old. I have no want to be that old, honestly. I mean, I’ll have an electric scooter, and I will be raging and I will keep dancing.”

Stevie Nicks, who just released an album at 76 years old, showing us what a rebranded retirement era looks like for her.

 
 

IS YOUR ADVISOR JUST “FINE”?

You’re paying for it in more than just advisor fees. Here’s what a mediocre financial advisor can cost you.

What’s the damage? >

 

IS IT TIME TO CALL IT QUITS?

If you’re on the fence about switching over to a new financial advisor or planner, here are four good reasons to consider.

Read Emily Green’s advice >

 

What’s the move?

  • FREE: Estate Planning Overview: In this live, 45-minute workshop, an Ellevest CFP® pro will cover everything you need to know about estate planning (including the importance of doing it, especially for women).
    NOVEMBER 6 @ 3 PM ET: Save your spot
  • FREE: Countdown to Tax Season: We’re bringing this workshop back for a limited time to help you get ahead of your taxes this year with the help of a tax pro.
    NOVEMBER 19 @ 12:30 PM ET: Save your spot

Making plans for November? Check out all workshop dates.

 
Text that reads, “Ellevest workshop. Pick up laundry while listening to Normal Gossip Season 7. Home-cooked dinner with farmer’s market veggies. Skincare routine.”

Unrequired reading

This newsletter was brought to you while watching Saoirse Ronan leave men speechless. Forward it to your friends who love making a good point.

DISCLOSURES
 
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
© 2024 Ellevest, Inc. All Rights Reserved.
All opinions and views expressed by Ellevest are current as of the date of this writing, are for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.
Information was obtained from third-party sources, which we believe to be reliable but are not guaranteed for accuracy or completeness.
The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities, and should not be considered specific legal, investment, or tax advice.
The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.
Investing entails risk, including the possible loss of principal, and past performance is not predictive of future results.
Ellevest, Inc. is a SEC registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Ellevest fees and additional information can be found at www.ellevest.com.
 
 
 

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Plus, a new way to pay for financial planning packages. ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏ ‌  ͏

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