Empowering Women: Financial Confidence and Clarity with Laura Pearson

Financial services is an industry where many women do not feel comfortable and find it difficult to fit in. Creating a space where women can openly share their financial stories and learn from each other can help them gain confidence in making money decisions and provide support for any questions or challenges that may arise.

In this episode, Craig talks with Lauren Pearson, Managing Director of Somerset Advisory and Founder of The Wealth Edit. Lauren is a champion for women, advocating for women advisors and women investors. She continues to break barriers to help women find their place in the financial system where they can create what they want without judgment or shame.

Craig talks to Lauren about what drives her to create companies and communities dedicated to women’s financial empowerment, how becoming an independent advisor leads to more creativity, and how her community has been enabling women to find their confidence and clarity in managing their finances.

Key Takeaways

• [03:00] - Why Lauren started her own firm.
• [05:04] - Why going outside wirehouses leads to more creativity.
• [07:03] - How Lauren found her ideal clients.
• [09:18] - The concept behind Somerset Advisory and The Wealth Edit.
• [16:58] - What's next for Somerset Advisory.
• [21:24] - The impact of the pandemic on communities.
• [25:39] - Lauren’s advice to young women who are looking into the investment advisory space.

Quotes

[11:33] - "Instead of having women fit in this financial box that was made for men, let's create an ecosystem where women can get the confidence and clarity that they want and need in order to navigate wealth in ways that are important to them." - Lauren Pearson

[12:33] - "The financial system treats all women as if they're the same, but they're not. Everyone is unique and their journey is unique." - Lauren Pearson

[25:39] - "The best thing you can do if you're considering a career in financial services as a woman is really reach out and connect with people that you respect in the industry." - Lauren Pearson

Links 

• Lauren Pearson on LinkedIn
• Cornerstone Schools of Alabama
• Alabama Ballet
• Planned Giving - The University of Alabama
• United Way
• YMCA
• Somerset Advisory
• The Wealth Edit
• Emily Fleming
• Forbes Magazine
• Working Mother Magazine
• David Curran
• The 12 Week Year
• Nail It Then Scale It

Connect with our hosts

• Craig Stuvland
• Tru Independence

Subscribe and stay in touch

• Apple Podcasts
• Spotify
• Google Podcasts
• TheIndieAdvisor.com

Interested in going independent?

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