Women &
Investing
Today, women are taking more control of their investments, both for themselves and for their families.
It’s estimated that in the U.S. more than 50% of personal wealth is held by women, and women are expected to control a sizable share of the anticipated $30 trillion in assets Baby Boomers will possess by 2030*.
As the wealth balance transforms, we recognize that women investors have different challenges than men such as risk tolerance, longevity issues, and healthcare costs. We work with women to accommodate their unique needs as individuals, mothers, and spouses to ensure they are well-informed and active investors.
Our investment and planning team works with you to design a customized, comprehensive investment and financial plan, which has the flexibility to pivot and adapt to the female investor’s changing lifestyles and needs over time.
*McKinsey & Company, Women as the Next Wave of Growth in Wealth Management (2020)
Colleen MacPherson, a featured speaker on Yahoo! Finance, leads Penobscot’s financial planning services for women investors. With a hands-on and personalized approach, Colleen works closely with women to ensure that their financial planning and investment management aligns with their unique goals and aspirations. Colleen welcomes a conversation with you.