Relying on men but 'losing sleep' Sallie Krawcheck seeks to robo-reap women investors with Ellevest
Industry luminaries Joe Mansueto, Mohamed El-Erian, Ajay Banga and Robert Druskin -- never mind co-founder Charlie Kroll -- make up a stellar roster of male executives backing this play for women's wealth
Zoe
Thank you Brooke for stating exactly what I was thinking when I saw the press release on MorningStars commitment two days ago. Sallie Krawcheck is beginning to walk like a man, talk like a man, act like a man …. and with all these publicly run companies run by men how can she possibly be trusted to communicate to women? Shouldn’t a woman advocating women be working with women, partnering with women rather than just trying to capitalize on women?
And you are right: Look at all the men on her team. And it really looks like some of these previously tried and failed attempts at getting women to fork over their savings is likely because they continue to fail to have the most basic understanding of what women want and are interested in. Is this sociological? I am really not sure. But what I do know is that there isn’t anything on any of these sites that draws women to all the sites they like to visit regularly. Perhaps that is a clue? Tina’s SheCapital site offers very little information to the investor or potential investor….I like the name though. It’s a skeleton with nothing to assuage the familiar fears about investing.
Someone should go back and read the book or see the movie “What Women Want”
Folks, the internet is for giving people access to what they want. A basic algorithm can tell you what women are interested in and how long they spend on a site…. I suggest Sally take her own advice and “Go All In” when it comes to understanding helping and calming women.
Maria Marsala
MMMMM — a supporter —- Andrea Jung, former CEO of Avon Products Inc. Guess Sally didn’t do a Google search.
Related Moves
Morningstar's sale of TAMP's $12-billion book-of-business to AssetMark ends two-year run that fell short on growth; whether RIAs stick or flee will determine fate of deal
Morningstar nets a cash windfall, a better distribution deal, and it reduces conflicts with its clients, but SMArtX is the likely loser, which will no longer administer Morningstar's TAMP assets.
June 24, 2024 at 11:48 PM
Jeff Mello is latest to join eMoney's talent exodus but CEO Ed O'Brien says it's healthy renewal at a firm that added several hundred people since Fidelity bought it
The ex-Goldman Sachs director of strategy and planning at eMoney joins a growing list of departures exacerbated, sources say, by Fidelity putting a wobbly performance reporting software project -- and staff -- on its plate
February 28, 2020 at 11:09 PM
Pete Giza and Damon Deru go for Holy Grail of portfolio rebalancing with software that shuffles stocks, bonds... and asset classes; Believe it?
The RedBlack and TradeWarrior executives see old systems as 'archaic' yet know that the Black Diamonds, Morningstars, Orions and Tamaracs see rebalancing as a loss leader
June 11, 2019 at 9:49 PM
Morningstar, Inc.
TAMP
Top Executive: Joe Mansueto