Sallie Krawcheck, Ellevest: Wall Street has Failed Women

Published: Aug. 27, 2019, 3:10 a.m.

Money isn\u2019t \u201cmale.\u201d But men certainly have more of it. Without enough money to live independently and fund their retirement, it\u2019s women who will suffer. After spending more than 20 years as one of Wall Street\u2019s top executives, Sallie Krawcheck is now on a mission to put more money in the hands \u2014 and retirement accounts \u2014 of women. She\u2019s CEO and co-founder of Ellevest, a digital investing platform for women. Krawcheck joins the podcast for a frank discussion about how the financial industry has failed women, and what she and her diverse team at Ellevest are doing differently to close the gender investment gap and empower \u201cElles\u201d everywhere. \n\nListen to this episode to learn:\n\u2022 Why the retirement savings crisis in America is a women\u2019s crisis\n\n\u2022 What financial companies get wrong about female investors\n\n\u2022 Why it\u2019s not about marketing existing investment products to women, it\u2019s about designing better ones for them \n\n\u2022 That despite concrete economic benefits, gender diversity on Wall Street has regressed since the financial crash\n\n\u2022 The relationship between the gender pay gap and the gender investment gap \u2014 and what we can do to fix it \n\n\u2022 Who is \u201cElle,\u201d and what does she mean for Ellevest?\n\n\u2022 How algorithmic bias hurts women, society, and the economy\n\n\u2022 What is the \u201cPink Tax\u201d?\n\n\u2022 Career advice for entrepreneurs and young women