Our guest blogger for March’s women-focused Communicare issue is Glenda Toon, Financial Advisor with Symphony Financial, Ltd. Co. and Secretary of the LeTip of West El Paso, TX chapter. She shares her insights on women, wealth, and the evolving financial landscape.
“Over the next decade, one of the largest financial transitions in modern history will unfold, as women are expected to control more wealth than ever before. This shift is driven by inheritance, longer life expectancy, rising earnings, and more women selling businesses or stepping into senior leadership roles. Women are using this wealth to start companies, expand family-owned enterprises, invest in women-owned businesses, and intentionally create long-term financial security for future generations. I personally am working with women and their families who have built successful restaurant chains in their city, as well as another woman client who is now developing a neighborhood of thoughtfully designed “tiny homes,” offering doctors, nurses, and frequently traveling flight attendants a path to homeownership without the burden of constant maintenance or landscaping.
Research consistently shows that women tend to approach money with intention. Many align their investing and spending with what matters most to them, including long-term stability, impact, and values. They are more likely to fund education, women’s health, community development, and solutions that improve quality of life, while also seeking sustainable or impact-oriented investments. For women financial advisors, this creates a powerful opportunity to deliver advice that connects performance with purpose, and wealth with real-world outcomes.
As more women become the primary financial decision-makers in their households and businesses, many prefer working with advisors who understand the realities of their lives, including entrepreneurship, career transitions, caregiving, philanthropy, and legacy planning. This growing alignment between women clients and women advisors is opening doors across the industry.
The “great wealth transfer” now underway signals far more than a shift in dollars. It marks a reshaping of influence, priorities, and opportunity. As trillions of dollars move into women’s hands, the financial industry itself is evolving toward a more relationship-driven, purpose-focused model. Women financial advisors are uniquely positioned to thrive in this moment, not only guiding financial outcomes, but also helping shape how wealth is used to strengthen families, businesses, and communities.”
