Achieving this award reaffirms the commitment Lili Vasileff has to extraordinary service in addressing the financial needs of women and their families. “I am honored to receive this prestigious recognition and remain committed to serving the unique needs of women before, during and after divorce to protect and grow their wealth,” says Lili.
Lili A. Vasileff, President of Divorce and Money Matters receives the Women’s Choice Award® as highly recommended Financial Advisor by Women for Women
Greenwich, CT- As the leading advocate for female consumers, WomenCertified Inc. is pleased to announce that Lili A. Vasileff, President of Divorce and Money Matters has received the Women’s Choice Award for Financial Advisors and Firms based on rigorous research, 17 objective criteria and additional points of reference that obtain feedback regarding the advisor’s service and practices.
The Women’s Choice Award is the only recognition program for well-qualified advisors who are committed to the women’s market and serving their female clients. Achieving this award reaffirms the commitment Lili Vasileff has to extraordinary service in addressing the financial needs of women and their families. “I am honored to receive this prestigious recognition and remain committed to serving the unique needs of women before, during and after divorce to protect and grow their wealth,” says Lili.
WomenCertified, originator of the Women’s Choice Award, was created by Delia Passi, the leading advocate for female consumers and former group publisher of Working Woman and Working Mother magazines. Delia has created the Women’s Choice Award for Financial Advisors in an effort to help women identify those advisors who are committed to providing quality service. The award allows this outstanding group of advisors to showcase their commitment to the women’s market, while giving potential clients a starting point for entrusting their finances to an advisor.
Recent studies indicate the following in regards to women and their finances:
- Only 35 percent of women use a professional financial advisor, most (79 percent) doing so for retirement investment recommendations.**
- The households of divorced women have less than half the income of their continuously-married counterparts.
- Household income for a mother and children fell by 40 to 45 percent following a divorce.
- In the US, Women control about $11.2 trillion of the nation’s investable assets (39% of the country’s estimated $28.6 trillion of investable assets). Nearly half of that, is managed solely by women.***
- Fewer than two in 10 women feel “very prepared” to make wise financial decisions. Half indicate that they “need some help,” and one-third feel that they “need a lot of help.”****
As the financial industry wakes up to the fact that a great majority of the female population are seeking advisors they can trust and greatly value financial security, WomenCertified Inc. has created the solution. This powerful, national initiative distinguishes advisors who support female consumers in their quest for financial education.
