Welcome to another insightful edition of the Adjusted for Risk podcast. As your host, Ryan Nauman, I bring you discussions on markets, investments, and economics. Today, I want to share a remarkable conversation I had with Kara Pagliuca, a board member of Women in ETFs (WE) and Senior Director of Global Strategic Partnerships at S&P Global. This engaging discussion took place at the Fantastic Exchange ETF conference, where Kara and I explored the evolving demographics and gender dynamics within the investment management space.
Breaking Barriers: Kara's Journey
Kara Pagliuca's career story is a testament to perseverance and leadership in a predominantly male industry. With 24 years of experience, Kara has held key roles at State Street and currently influences strategic partnerships at S&P Dow Jones Indices. Her commitment to Women in ETFs has been unwavering as she has advanced through various leadership positions. Kara has played a pivotal role in advocating for women, inspiring many with her dedication.
Women in ETFs: Mission and Impact
Women in ETFs (WE) is an organization dedicated to connecting, supporting, and inspiring professionals within the ETF ecosystem. With a mission to empower women, WE strives to create opportunities through mentorship, speaking engagements, and leadership roles. WE's initiatives aim to build meaningful relationships and elevate diverse perspectives, shaping the ETF conversation and industry as a whole.
A Personal Story of Change and Progress
During our conversation, I shared a personal story about my mother, who stood against gender discrimination in the 1960s. Kara emphasized how much the industry has evolved since then, with more women now occupying C-level positions. She highlighted the importance of education, professional designations, and representation in the industry to foster diversity in thought and leadership.
Challenges and Opportunities for Women
Despite progress, challenges remain. Kara advocates for intentional hiring and promotion, women’s representation on panels, and ensuring that women’s voices are heard. She stressed the significance of confidence and mentorship for women aspiring to enter and thrive in male-dominated fields. Providing women with role models and mentors can shape their careers positively.
Advice for Aspiring Women
Kara shared valuable advice for women at various career stages. Confidence, education, and persistence are key. Organizations like Women in ETFs offer networking opportunities and support systems essential for career advancement. Kara’s journey serves as a reminder to women: don't let self-doubt hold you back. Instead, embrace opportunities and pursue your aspirations.
The Future of Women in Finance
The conversation with Kara underscored the significance of inclusivity and intentional efforts to diversify the financial industry. Women are projected to own a significant portion of personal wealth in the near future. Financial advisors and firms must adapt to this change by incorporating women’s perspectives into their strategies.
Conclusion: Joining the Movement
This enlightening discussion with Kara Pagliuca highlights the importance of initiatives like Women in ETFs and the ongoing effort to empower women in finance. To learn more about Women in ETFs and how to become a member, visit their website at womeninETFs.com. Let's continue the conversation, promote diversity, and encourage more women to join the investment industry.
Thank you for reading this blog post adapted from our latest episode of Zephyr's Adjusted for Risk podcast. Stay tuned for more thought-provoking discussions, and follow us on LinkedIn for updates. We'll continue to bring stories and insights that inspire and empower our audience.