When it comes to money, gender matters. Despite many positive trends wherein women are gaining economic power and influence, it is still notable that as well-educated, successful and independent as you may be, there are still major gaps and unmet needs when it comes to securing a sense of confidence and comfort around your personal finances.

What might be the basis for this?

Studies show that there is a “financial fear factor” at work, which is notably greater for women than for men. Because of key biological, cultural and cognitive differences, we believe women face different financial issues and tend to think, feel and approach money differently than their male counterparts. Understanding the meaning and significance of these differences helps restore or instill new confidence and provide you with the personal guidance and financial strategies to meet your unique financial needs. We also understand that your communication preferences and learning style are unique to you. Women prefer a different “conversation” than men about money, in a collaborative, supportive learning environment. To that end, Silver Oak offers a quarterly “Women’s Circle” group as a safe, supportive environment where women can talk to one another about what matters, and feel connected, empowered and inspired around money.

Women in Transition

Life transitions can create some of the most unsettling and consequential events occurring in a woman’s later life. The dissolution of a long-term marriage, the loss of a spouse or partner, health issues, job loss, a significant inheritance or care-giving to a family member are just a few examples. These life transitions, whether expected or unexpected, can create distinct emotional as well as financial challenges for women and could threaten one’s well-being and long-term security. Addressing the emotional and personal side of a life transition is equally important as addressing the technical side of money. Silver Oak’s specialized training and expertise in addressing both sides can guide clients through life transitions in an effective and empowering manner.

Silver Oak Wealth Advisors has a practice area dedicated to the unique needs of Women in Transition. Our commitment to our women clients is to meet you exactly where you are: building your financial confidence, supporting good intentions and helping translate them into accomplishment, taking the time you do not have, to help you to build your own financial identity whatever your professional or personal status might be. We invite you to inquire further.