Across the globe, The Agency celebrated International Women’s Month via live events and panels that fostered discussion and community among all who participated. In New York, The Agency’s Joan Kagan, founder of the top-producing Joan Kagan Team, organized and hosted a Financial Planning Panel on Wednesday, March 8th (International Women’s Day), designed to educate women on making prudent investment decisions.
The night was a huge success. Among the panelists was Sara Gallucci, financial planner and senior associate relationship manager at Geller Advisors; Tammy Fried, a trusts and estates attorney and partner at Raddock Fried PLLC; and May Flam, a professional career coach for women and certified fair pay facilitator.
Sponsored by Manhattan’s historic Congregation Shearith Israel—where the event took place—the panelists discussed where to start when it comes to investing, how to make your money work harder for you and tips for growing wealth. The event also took in donations for Dress for Success, the leading global nonprofit empowering women to achieve economic independence by providing a network of support and professional attire.
Imbuing much of the event’s discussion was the hard truth that the gender gap in financial literacy persists. The Financial Health Network reports that only one in five women (20%) are financially healthy versus 29% of men. When it comes to the wealth gap—a discrepancy worse than the pay gap—women are left with 32 cents for every dollar than men have.
“Financial planning is a crucial skill that allows one to build long-term financial wealth,” says Joan. “Hosting this event was extremely important to me, and I’m passionate about facilitating more education for women around financial literacy. Finances impact so many facets of a person’s life and are essential to an individual’s independence—personally and professionally.”
In order to move the needle, women can fight for better legislation, learn to invest their money strategically, openly discuss salaries and most importantly, continue to connect on the subject. To learn more about building financial wealth through real estate and how to approach a new investment journey, reach out to Joan at firstname.lastname@example.org.