Podcast appearances and mentions of adrienne penta

Tune in to this month's episode of Hancock Talks, where we're joined by Adrienne Penta, a nationally recognized expert in estate planning, family governance and multigenerational wealth education. Adrienne shares essential insights to help you guide your clients through the anticipated $70 trillion wealth transfer to the next generation.You'll learn how to:  Guide multi-generational families effectively: Learn why it's crucial to focus on both the “how” and the “why” of financial education and planning.Engage women in the financial-planning process: Discover how to move beyond outdated narratives and gain practical tips to reshape your client conversations.Stay ahead in the ever-evolving life insurance landscape: Ensure you're positioned as a key financial representative during the “Great Wealth Transfer.”Listen now to understand how these insights can transform your approach to wealth transfer and client engagement. INTENDED FOR FINANCIAL PROFESSIONAL USE ONLY. NOT INTENDED FOR USE WITH THE GENERAL PUBLIC.Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.MLINY052825273-4

With the release of the Enhancing Investor Trust: 2022 CFA Institute Investor Trust Study, Gary DeMoss, director at Invesco Consulting, and Adrienne Penta, executive director of the BBH Center for Women & Wealth at Brown Brothers Harriman, discuss the factors that are driving higher trust in financial services. While there is certainly cause for optimism, Gary and Adrienne share what the industry must do to sustain that trust even during periods of volatility. To view the full survey and results, visit https://trust.cfainstitute.org/.

Today's woman grew up in a household of positive affirmations. She heard things like “you can always learn more” and “you can do anything you put your mind do.” She attended an all-girls school from 6th to 12th grade, and this experience coupled with her parent's affirmation shaped her to be confident and not influenced by male counterparts. At college, she was encouraged by her father to become a doctor or a lawyer. She tried medicine but it didn't fit. So, she became an attorney and eventually ended up at one of the largest private banks on Wall Street. It was here that she realized women were so under served in the financial space. So, she pioneered a new concept of estate planning for women centered around a woman's values. Today she continues to walk a path to greatness as she boldly ventures into new roles that can impact others in the private banking arena. It is my pleasure to introduce you to Adrienne Penta.

Adrienne Penta is the Executive Director for the 200-year-old company and oldest private bank on Wall Street, Brown Brothers Harriman and their Center for Women and Wealth. A lawyer by training, Adrienne joined Brown Brothers in 2008, and in 2014, spearheaded the launch of the Center for Women & Wealth, dedicated to serving women and the wealth that they control.   In this episode of The Culture Gap, Adrienne and Daniel dive deep into the topic of values, values-based investing, and why this is becoming more and more important as more women enter the industry of wealth management as clients. Adrienne reveals some of the key trends in the wealth management space that are bringing women to the forefront of the discussion, and also why inclusiveness and diversity are the way forward. Tune in to find out where the culture gaps exist in an industry that is valued at over $40 trillion. Welcome to Culture Gap.   Key Takeaways: [:42] Daniel introduces his guest for this episode — Adrienne Penta. [1:28] Who is Adrienne, and what are the values that have shaped her as a person? [4:39] Adrienne shares a little about Brown Brothers Harriman, its history, and how she ended up there. [6:04] The wealth management industry is transforming, as is every other industry. Adrienne explains more about the industry and the trends within the customer base right now. [9:34] Adrienne stresses the importance of thinking in a more inclusive way and being more deliberate about how they serve clients to create a trusted adviser relationship. [10:55] How does Adrienne approach the idea of influencing and cultivating the supply chain of future leaders that represents that client base of the future? [16:13] What is the Center for Women & Wealth, and who is its target audience? [22:16] How did Adrienne make the case for change in Brown Brothers Harriman around topics like diversity and inclusion? [26:01] How has the Center for Women & Wealth intersected with the Me Too movement? [29:37] What have been some of the most eye-opening insights Adrienne has had from running the Center for Women & Wealth? [32:30] What does Adrienne anticipate and predict for the future of the wealth management industry?   Brought to You By: The Culture Gap Podcast THRUUE Podfly Productions   Learn more about: Adrienne Penta Brown Brothers Harriman Center for Women & Wealth Ray Dalio Lilly Family School of Philanthropy, Women's Philanthropy Institute Center for Talent Innovation

Adrienne Penta, Executive Director Center for Women & Wealth, Brown Brothers Harriman While the audio quality of this episode is less than ideal, the information is valuable so we decided to publish it. Thank you for your patience with the sound. Adrienne Penta is truly a breaking money silence revolutionary! In this episode, Kathleen and Adrienne debunk the myth that women are less financially literate than men. Using statistics and her wealth of knowledge on the topic, Adrienne shows women and their advisors how to bust this falsehood and instead work at having a collaborative, and authentic advisor-client relationship. Take Aways: Gender does not determine your financial IQ. Men and women pass financial literacy tests at the same rate; however, women are more likely to feel as if they don’t know enough about investing or managing money. The real issue is not literacy. It is a financial confidence gap that many (not all) women feel that is the problem to be solved. As Adrienne says, “We need to close the confidence gap.” Advisors can’t read your mind. As a client, it is important to speak up and let your advisor know what is working and is not working in the relationship. While this may be uncomfortable at first, it is the only way a professional will know that they are missing the mark when meeting with you. Collaborative meeting agendas help. One way to aid in advisor-client communication is to work on meeting agendas together. One week before the appointment, the advisor can send a tentative agenda to the client asking for feedback. The client then has an opportunity to add to the agenda or let the advisor know if there is something that feels more important to discuss. This simple step takes very little but has a big return on investment for both parties involved. In this podcast, Adrienne mentioned a book she loves called “The Confidence Code.” As promised here is the link to that resources. Also if you would like to subscribe to the Center’s Women and Wealth Magazine, click here. Adrienne Penta is the Executive Director of the Center for Women & Wealth (CW&W) at Brown Brothers Harriman. She is passionate about helping advisors and the women they serve engage in the creation of integrated, holistic wealth plans that help them accomplish their goals. CW&W seeks to create a dynamic and inclusive environment where women can engage in conversations about wealth, family and leadership. For more information about the Center for Women & Wealth, https://www.bbh.com/en-us/womenandwealth.

Happy 20th episode of the Successful Generations podcast! Our listeners are in for a treat this week. We wanted a dynamo guest for this milestone episode and Adrienne Penta did not disappoint. Adrienne is a Senior Vice President and Executive Director of the Brown Brothers Harriman Center for Women & Wealth (CW&W)—the brainchild that she built from the ground up. Rooted in data regarding women and wealth, and guided by her personal experience (which she shares during our interview), Adrienne and her team at the CW&W support women as they create and manage wealth. They also produce a quarterly magazine called Women & Wealth that explores the intersection of family, wealth, and values. In this episode Adrienne and I talk about estate planning, inheritance, preparing children for wealth, the importance of clear values, communication, and transparency, and so much more. Adrienne shares a ton of great resources, which are linked below. Topics discussed in this episode: Meet Adrienne (2:45) Adrienne’s personal story (3:33) Creating the CW&W (6:46) About Brown Brothers Harriman (8:51) Launching Women & Wealth Magazine (10:02) Mission and vision for the CW&W (13:10) Stats about women and wealth (15:51) Practical advice: “I’m inheriting money. Now what?” (20:52) Talking with children about wealth (24:56) What if the generation before doesn’t want to talk about money? (28:27) Communicating around wealth and planning (32:39) Success is based on conversation, conversation, conversation (34:09) Value sharing between generations (35:28) Final thoughts (38:09) Favorite resources (39:45) Bonus Questions (42:28) Wrap (47:08) Guest Bio: Adrienne M. Penta, J.D. is a Senior Vice President and Executive Director of the Brown Brothers Harriman Center for Women & Wealth (CW&W). Adrienne led the creation of the CW&W, which supports women as they create and manage wealth, and seeks to create a dynamic and inclusive environment where women can engage in conversations about wealth, family and values. She provides women with the investment, planning and philanthropic resources they need to navigate transitions, help the next generation thrive and plan for the succession of privately-owned businesses. Prior to joining BBH in 2008, Adrienne practiced at the law firm of Choate, Hall & Stewart LLP in Boston. She received her JD from the University of Virginia School of Law and her BA from Johns Hopkins University. Follow Adrienne on Twitter @AdriennePenta   Notable & Quotable: Your estate plan is the last thing you ever get to say to the people you leave behind. —Adrienne Penta #successfulgenerations The best advice I’ve ever received: There’s no big idea without a big ask. —Adrienne Penta #successfulgenerations We need everyone at the table when we are making plans for the future. It’s important to tell the people affected by these plans why you made the decisions you did. —Adrienne Penta #successfulgenerations I tell clients that they have the opportunity to sit with family to share what they are planning, why, and what legacy they want to leave. That is a real gift that we can give to the people who come after us. —Adrienne Penta #successfulgenerations Wealth is not something we have for its own sake. Money is a means to an end. —Adrienne Penta #successfulgenerations 51 percent of personal wealth is controlled by women in the United States and this number is going to substantially rise in our lifetimes. —Adrienne Penta #successfulgenerations 51 percent of high net worth women feel their advisors don’t understand them. —Adrienne Penta #successfulgenerations Advisors work for you...make sure that you are being treated like a client. —Adrienne Penta #successfulgenerations Conversations about money with kids should start early and happen often. —Adrienne Penta #successfulgenerations 70 percent of all wealth transfers fail because of a lack of preparation of the heirs. We are missing communication and trust. —Adrienne Penta #successfulgenerations You are the driver of the success of your family--money, wealth, and what it all means. —Adrienne Penta #successfulgenerations Not talking with adult children about wealth sends the message that you don’t have enough confidence in them or your relationship with them to have the conversation. —Adrienne Penta #successfulgenerations 90 percent of families lose wealth within three generations. —Adrienne Penta #successfulgenerations Planning has two main part: the how and the why. The how is easy. Here are some questions to help you with the why:  Why have I chosen to structure my plan this way? What does this money mean to me? How do I think about where it came from? As a family, what does wealth mean to us? —Adrienne Penta #successfulgenerations Success for the family is a communal goal not and individual one. —Adrienne Penta #successfulgenerations 90 percent of our values come from our parents and grandparents. —Adrienne Penta #successfulgenerations We can share values but express them differently. —Adrienne Penta #successfulgenerations It’s not about money, investing, estate planning or taxes. It’s about what do we want to leave behind. —Adrienne Penta #successfulgenerations Resources mentioned in this episode: Brown Brothers Harriman BBH Center for Women & Wealth Women and Wealth Magazine Fall Issue (Love and Money) Center for Talent Innovation—Harnessing the Power of the Purse: Female Investors and Global Opportunities for Growth Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values by Roy Williams A Wealth of Possibilities: Navigating Family, Money, and Legacy by Ellen Miley Perry Love and Money: A Life Guide to Financial Success by Jeff D. Opdyke 21/64 New America: Better Life Lab Right Click and "Save As" to download this episode to your phone. Subscribe now! Don’t risk missing out on any of the fun that is to come. Sign up for our weekly newsletter! www.successfulgenerations.com/itunes www.successfulgenerations.com/stitcher www.successfulgenerations.com/googleplay   Want more of Successful Generations? Check out our other episodes:  Episode 019: The Allyn Family 2.0, Part 2 Episode 018: The Welch Allyn Family Business Story with Eric Allyn (4th Gen), Part 1 Episode 017: Achieving Your Goals through MasterMind and Peer Groups Episode 016: Reframing Limiting Beliefs with Ellie Frey Zagel Episode 015: Beyond the Piggy Bank with Father, Author, and Entrepreneur Clint Greenleaf Episode 014: More Awareness and Less Stress through Yoga Episode 013: Raising Children to be Amazing Business Owners with Paige Cornetet Episode 012: Generous Genes with Susan Crites Price Episode 011: Digging into the Family Business Landscape with Daniel Van Der Vliet Episode 010: 10 Things My Family Did to Engage us in Family Philanthropy Episode 009: Stress Management and Holistic Health with Cynthia Damaskos Episode 008: Family, Fights and Ferry Tales with Chris Shepler Episode 007: Raising Financially Responsible Kids Through the Holidays (and Beyond) Episode 006: Join the Philanthropic Revolution with Michael Moody Episode 005: Estate Planning 101 aka Estate Planning is Not Optional with Susan Gell Meyers  Episode 004: Ginny Esposito - Engaging your Family in Family Philanthropy Episode 003: Leadership, Wellness, and Concierge Medicine with Dr. Bill Baer Episode 002: Douglas D Box, Texas Patriarch - A Legacy Lost Episode 001: About Your Host Ellie Frey Zagel   Learn more about Successful Generations: FB: @SuccessfulGenerations Twitter: @EllieFreyZagel Email: ellie@successfulgenerations.com Instagram: SuccessfulGenerations Have a topic suggestion? If you are the next generation of family business, philanthropy and wealth, and have a topic you think we should discuss, let us know at Ellie@successfulgenerations.com.  

Women to Watch™ Media interview with Adrienne Penta the Senior Vice President and Executive Director of the Brown Brothers Harriman Center for Women & Wealth.

In Episode #306, Adrienne Penta, executive director of the Brown Brothers Harriman Center for Women & Wealth, discusses this problem—explaining what women clients want from their financial advisers and how advisers can better serve this important segment of their clientele. Women control more wealth than ever in the United States, tend to outlive men by about 15 years, and make or contribute to 90% of US philanthropic decisions. And yet there is a major disconnect: Many women are not satisfied with what the wealth management industry is offering them. 

The head of Brown Brothers Harriman's Centre for Women and Wealth explains how her team is working to ensure all their clients feel included and well served