YBR launches Women in Finance initiative



Yellow Brick Road Group (YBR) is launching Women in Finance group and lunch to coincide with International Women's Day.
The initiative was conceived by YBR New South Wales state manager, Helen Shao, who said the purpose was to provide a support system for women in the finance industry.
"Finance is a challenging industry and many of these women have the added challenge of also being small business operators working in a male-dominated space," Shao said.
"Those combined challenges can leave many women feeling very alone."
YBR group executive chairman, Mark Bouris, said there was an increase in the number of women joining the network, notably since the acquisition of Vow Financial 18 months ago, adding that women who worked in YBR were business savvy operators.
"However, finance has traditionally been a male dominated career and due to this these women face additional challenges. We want to see that change," Bouris said.
"Women have a natural ability to connect and empathise with their clients and this makes them excellent advisers and mortgage brokers," Mr Bouris said.
The Women in Financial group executive committee includes YBR Earlwood brand principal, Effie Nicol as president, Shao as vice president, YBR West Ryde's Nora Edmekdjian as Treasurer, and YBR Bondi wealth manager, Zoi Mina, as secretary.
The lunch includes Bouris, and MFAA chief executive, Siobhan Hayden as two keynote speakers.
Recommended for you
The corporate regulator has cancelled the AFSL of a Perth advice firm with the firm having previously seen its licence temporarily suspended in 2020.
Having proposed changes earlier this year, ASIC has clarified how it will support licensees with additional relief under the reportable situations regime.
AMP has partnered with BlackRock and research house Lonsec to provide a model portfolio capability on its North platform that offers “portfolio customisation at scale” to advice practices of all sizes.
Money Management rounds up actions ASIC took against advice individuals in the first half for FY25 from exam falsifications to dishonest conduct.