In this conversation, I interview Amy Hale from BMO Wealth Management about the importance of financial control and confidence for women, especially during and after divorce.
Amy shares insights on common financial mistakes women make, the significance of being involved in financial discussions, and the role of financial advisors in empowering women. The discussion emphasizes the need for women to take control of their financial journeys and the importance of building confidence through knowledge and support.
Takeaways
Women often lack a seat at the financial table during divorce.
Financial confidence can decrease significantly for uninvolved women.
Establishing a relationship with a trusted financial advisor is crucial.
Women should understand their overall financial picture, including budgeting and investments.
Isolation can lead to poor financial decisions during divorce.
Choosing the right financial advisor is essential for long-term success.
Emotional decisions can cloud financial judgment in divorce.
Women should evaluate the pros and cons of keeping the marital home versus liquid assets.
Starting to engage with finances can significantly boost confidence!
Reach out to Amy: Amy Hale - BMO Harris
About the Podcast:
Divorce for Wealthy Women features top divorce professionals who share their insights with women navigating the complexities of high-net-worth divorce. Each episode is designed to help listeners protect their lifestyle and financial future - before, during, and after divorce.
Brooke discreetly helps affluent women through divorce by providing financial clarity and support.
Website: www.summerhillfirm.com
My NEW Book "Divorce for Wealthy Women": Amazon
LinkedIn: linkedin.com/in/brookesummerhill