We are thrilled to share that Litman Gregory Senior Advisor Gretchen Hollstein, CFP® has once again been named to the list of Forbes Top Women Wealth Advisors for 2021. This year’s list features 1,000 advisors from across the country who have demonstrated exemplary client service and achieved success in the wealth management business.
“It’s truly an honor to be included in this esteemed list of professionals, and we appreciate Forbes and SHOOK Research for shining a spotlight on successful women in the advisory profession,” said Gretchen. “It’s also been gratifying to see our male-dominated industry attract more women financial advisors over the years, given that women compose 51% of the U.S. population, outnumber men graduating from college, and are pursuing professional careers in increasing numbers compared to prior generations. In the decade ahead, women are also expected to control a higher percentage of financial assets and take on more of the financial decisions for themselves and their families. This is the time to make sure women can see themselves within their financial support team.”
Building a service model that includes cultivating our team of female professionals is one way that Litman Gregory intends to continue serving individuals and families as long-term investors. We believe all our clients benefit from a diverse collection of perspectives and experiences.
“This recognition from Forbes reaffirms the work of our broader client advisory and service team, who share a collective commitment to high touch service and a focus on guiding clients through critical financial decisions,” added Gretchen.
Gretchen joined Litman Gregory in 2005 and became a principal in 2010. She has over 25 years of experience providing investment advisory services to individuals, family groups, and nonprofits. Her experience includes extensive work in personal financial analysis, asset allocation, retirement planning, and multi-generation family legacy planning.
Learn more about Gretchen here.
The Forbes ranking, developed by SHOOK Research, is based on qualitative and quantitative data, rating thousands of wealth advisors with a minimum of seven years of experience and weighing factors like revenue trends, assets under management, compliance records, industry experience, and best practices. Neither Forbes nor SHOOK receive a fee in exchange for rankings.
Our Team is Prepared for the Gender Wealth Shift
Many leading companies have started to shift gears by offering new products, hiring more female advisors, and launching financial literacy and community outreach events. At Litman Gregory Wealth Management, we're ahead of the curve, with women making up 50% of our team.
Fourth Quarter 2023 Investment Commentary
As 2023 unfolded, global stock and bond markets ignored widespread expectations of a U.S. recession and surprised forecasters by shaking off a host of uncertainties to post strong gains for the year. This was a welcome rebound after a very difficult 2022, where high inflation made the Fed decide to raise interest rates sharply which led to negative returns for virtually all traditional investments. In this commentary we cover what led to the 2023 returns, as well as our outlook and strategy as we look ahead in 2024.
Year End Wishes from Litman Gregory Wealth Management
In reflecting on the events of 2023, we witnessed a positive turn in the financial markets as investors anticipated the possibility of a “soft landing” for the U.S. economy, but we were also disheartened by numerous worldwide conflicts. As we balance these experiences, we are grateful for our business and client relationships, and more than ever we are encouraged to be of service and give back to our community.