by joe innace
CULTURE
TALK
by matthew edward
CHANGING AN INDUSTRY'S CULTURE
Teamwork, diversity, empowerment Research shows that diverse workforces deliver greater productivity and profitability. “Companies in the topquartile for gender diversity on executive teams were 21% more likely to outperform on profitability,” reported the U.S. House Committee on Financial Services in February 2020.
N
o doubt, the financial services sector could use some cultural change; and sometimes one person can help move 48 / ADVISORS MAGAZINE
the needle. Like Jessica Rebmann, CFP™, who founded Turquoise Wealth Management, based in Lafayette, Indiana, in 2018. She has long contended
SEPT 2020
that the financial services industry has been in dire need of a cultural shift – so she did something about it. From her vantage point, such a cultural change needs to be rooted in teamwork and diversity, focused on employees’ well-being and success, and emphasize that employees know they are valued. “Ours is an old industry and the power is centered in a small demographic and tradition,” Rebmann told Advisors Magazine in a recent interview. “Work really hard, survive the whack-a-mole years, and when you make it, treat others the same. An older advisor actually told me my second year in the business, ‘just survive!’ That was his advice, and I’m not saying he was wrong, but I do believe that is sad.”
“It is literally true that you can succeed best and quickest by helping others to succeed.” – Napoleon Hill
Jessica Rebmann, CFP™
