Saturday, December 18, 2010

Top 5 Professional Networks for Women in Finance

The great thing about being a woman in a man’s world is that it brings us closer together. The glass ceiling is difficult and annoying, but women in finance are so scarce that the connections made with each other are usually strong and supportive. Here is a list of clubs some with chapters around the world, others entirely based on the web:

Women’s Bond Club
Based in: New York
One of the oldest of its kind (est. 1921), the Bond Club focuses on mentoring and education. Events range from community service to resume workshops. Their relationships with significant corporations and non-profits help support women in the field. Membership is diverse, with women holding jobs in consulting and technology, all in the area of finance.

Financial Women’s Association
Headquartered in: New York
FWA focuses on bringing accomplished women together to recognize each other’s achievements, trade information and improve one another to become the best in their fields. Past president, Kristin McDonough, says, “Seasoned FWA members say that exposure to this richer network has resulted in consulting engagements, client referrals, emerging opportunities, and the courage to leap from the corporate into both the entrepreneurial arena or not for profit administration.”

100 Women in Hedge Funds
Based in: London, but members are from all over the world
A global association of more than 10,000 women, 100 Women in Hedge Funds focuses on education progression and philanthropy.

Women on Wall Street
Based in: New York
Sponsored by Deutsche Bank, WOWS is an event rather than an organization. They host a conference in New York featuring great keynote speakers, usually top women at places like Goldman Sachs and Deutsche Bank.

City Women’s Network
Based in: London
For those of you unfamiliar with London, The City is their Wall Street equivalent. CWN states that they aim to: “provide a strong network of contacts” that generally continued growth of professional women in London.

Thursday, December 16, 2010

2010 Top Women in Finance


After perusing a record number of nominations for the 2010 Top Women in Finance award, Finance & Commerce announced the 50 winners.

The list of winners for the 10th-annual awards, presented below, is impressive.
It includes principals, partners, executive vice presidents, CFOs, CEOs and managing directors at not only financial institutions and lenders but also businesses small and large throughout Minnesota.
And this year, for the first time, F&C has chosen nine women as honorees for the second time; these nine have entered the Top Women in Finance award program’s new “Circle of Excellence.”

They are (with the years they first won):
Regina Barr, founder/CEO, Red Ladder Inc. (2008)
Jeanne Crain, executive vice president, M&I Marshall & Ilsley Bank (2007)
Mary Gabler, Central Region community development manager, Wells Fargo Bank (2007)
Diana Garvis Purcel, chief financial officer, Famous Dave’s of America Inc. (2005)
Robyn Hansen, attorney and shareholder, Leonard, Street and Deinard (2007)
Nicole Middendorf, president and LPL financial adviser, Strategic Financial Inc. (2007)
Julie Tanaka, principal, Compendium Business Strategies (2006)
Mary Tjosvold, CEO, Mary T. Inc. (2005) and,
Mary Twinem, chief financial officer, Buffalo Wild Wings Inc. (2004).

Also on the list are four women who founded their own companies, a stringent test of financial will and skill.