As an extension of our commitment to educating women, each month First Union is featuring interviews with top female executives who share their insights and perspectives on issues surrounding Women and Money. This month's featured executive is Debra Nichols, Senior Vice President of the Women's Financial Advisory Service. We want to make sure women understand First Union takes their business seriously, values them as clients, and wants to connect on their terms. What often is different are the economic realities.
Women live longer.
Women, particularly those who are raising children, move in and out of the workforce more often. The financial ramifications of these economic realities mean that a woman might consider investing more aggressively than a man of the same age because of her longer life expectancy, or it could mean that she makes different assumptions in estate planning. A key factor to consider when addressing women's needs is that we aren't all alike. Every woman brings to the table a unique set of needs and concerns, as well as her own level of comfort with financial matters. First Union specializes in giving advice truly tailored to individual needs.