The financial power of women in business and industry

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Across the country, Black and Brown women, and women from every background are reshaping leadership in business and industry. They are founders, executives, educators, faith leaders, financial advisers and community builders whose choices move markets and change lives. Women are not just present at the table, they are powerful at the table.

More and more women are leading the way financially in their households. In many families, women share or carry the primary earner and decision maker role alongside Black men who are also building and protecting wealth. They pay mortgages, fund tuition, care for elders and hold entire family systems together. In boardrooms, clinics and classrooms, women earn advanced degrees, launch companies and manage major revenue.

In 2025, their impact on gross domestic product is impossible to ignore. Women drive consumer spending, start new firms and influence investment decisions at home and at work. When money moves through their hands it shapes hiring, housing, education and health outcomes in our zip codes.

Our trail blazers show what is possible. Justice Ketanji Brown Jackson, Ursula Burns, Thasunda Brown Duckett, LaTosha Brown and rising voices in Congress such as Jasmine Crockett prove that preparation and purpose can carry you from the back of the room to the place where decisions are made.

The path is not always fair, but women continue to rise. Women and especially women of color are often paid less than colleagues with similar titles. Many are asked to fix culture, mentor staff and lead inclusion efforts while carrying student loan balances, family responsibilities and pressure to outperform. Yet they still build businesses, ministries, foundations and movements that serve entire communities. That is power and it deserves to be celebrated openly.

Honoring women in business means celebrating that power and placing tools in their hands. As more women become prominent earners they also become stewards of where the money flows. Keeping more dollars circulating in our communities through local businesses, professionals and institutions strengthens everyone including men and the next generation.

Every woman in business deserves a clear plan to understand her finances and attack her wealth accumulation goals with the same energy she brings to her career. Know your numbers and treat your life as one connected enterprise. Track income, spending, debt, savings, net worth and retirement progress. Pursue ownership with intention through workplace plans, investment accounts, real estate and business interests. Build community around money by joining networks, mastermind groups, book clubs and investment clubs that share knowledge and hold one another accountable.

When women rise together, especially Black and Brown women, it is not only personal success. It is a victory for neighborhoods, churches, schools and future generations, and it pushes the entire economy toward a stronger and more inclusive future.

Stan LeConte has 19 years of experience in the financial services industry and holds the Series 7 and Series 66 securities registrations. He holds Florida insurance licenses 2 15 and 2 20 and is the founder and president of IAA Private Wealth Advisors and Achievers Protection Advisors. He holds the CFP practitioner and CRPC designations. Reach him at sleconte@iaac.com and at www.apw-advisors.com.

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