April 28, 2022
Eileen O’Connor, Hemington’s CEO & Co-Founder, was featured in April Yahoo Money article
Eileen shared her thoughts on the concerns of cryptocurrency and 401(k)s, now that Fidelity is going to allow retirement plans to offer Bitcoin as an investment choice for participants’ accounts.
Jen Dawson, Hemington’s Managing Director, was featured in this month’s National Association of Personal Financial Advisors magazine.
Jen authored the insightful article, “Help women avoid the burden of the “mental load” at your firm,” identifying this all-too-common practice and ways to address it in the workplace. She “challenges organizations and women leaders to notice and consider a few areas where women tend to spend a disproportionate amount of time and mental energy at work” so that everyone can benefit from a better, more fulfilled professional balance.
January 7, 2022
The InvestmentNews article, “Build Back Better stall could complicate tax planning,” highlighted Jonathan Duggan’s thoughts on the challenges of future bill approval – including what it may ultimately specify and how the timing of those provisions could affect previously incorporated strategies.
September 22, 2021
Jonathan Duggan was quoted in the MarketWatch article “When you should – and shouldn’t – invest in a Roth 401(k)” which details the nuances of Roth 401(k) accounts and the importance of analyzing your specific tax situation when considering that retirement tool.
September 15, 2021
InvestmentNews featured Jonathan Duggan in the article, “House tax proposal would close door on popular back-door Roth IRA Conversions” detailing the implications of this strategy under the Biden Administration’s American Families Plan tax proposal.
December 7, 2020
Barron’s Magazine featured Eileen O’Connor in the article, “Wealthy Women: Firms Adapt Strategies to Win Huge Market” that notes the continuing market gap for financial services utilized by women. Eileen comments on how best to navigate the different perspectives of women clients and what advisor firms can do to successfully address their specific needs.
Hemington’s Managing Director, Jen Dawson, was featured in the Discover|Modern Money article: “How to Save More Money in the Stay-at-Home Economy by Focusing on What Matters Most” discussing tips to optimize household budgets by analyzing spending habits and reflecting on overall financial and personal goals as we spend more time at home.
Jen Dawson’s article was featured in the Women’s Bar Association of Illinois, “What are you Looking Forward to Right Now?” pg. 38-9 where she details the importance that having something specific to look forward to helps our productivity and outlook, especially during challenging times.
Hemington was a proud sponsor for the Virginia Women Attorneys Association event, “Finding Your Path to Professional Growth and Personal Joy,” which raised $1,120 for the Lorton Action Community Center.
Jen Dawson moderated the panel discussion in which senior women lawyers shared their experiences and advice on managing some of the challenges featured in Hemington’s Breadwinner Women Lawyer study. Supporting events like this one aligns with Hemington’s vision for lifting up women lawyers. We understand and are in awe of how women lawyers are challenged with even more pressures – financial and societal – than the average breadwinner woman. And – as we wrote in our women lawyer study – we strongly believe more women need to rise to the highest levels of the legal profession in order to represent the perspectives, needs and concerns of other women and have a larger say in legal issues that affect us all.
Hemington’s Managing Director, Jen Dawson, was featured as a Subject Matter Expert in Nationwide’s 2019 Advisor Authority study: The Future of Advice.
The study helps advisors better understand the unique characteristics, priorities, preferences and top concerns of the next generations of investors—Millennial and Generation X investors. Nationwide’s Advisor Authority study showed that advisors today must look to the future and adapt—or be left behind. The advisors poised to succeed in the face of these challenges are those who can differentiate themselves by focusing on holistic financial planning, harnessing the benefits of Artificial Intelligence (AI) and creating the competitive advantage of a unique customer experience. Overarching everything, it is clear that the client must come first—a commitment that Hemington has been making from day one.
February 3, 2020
Jen Dawson, Managing Director of Hemington, was the featured guest and industry expert for advisor radio, Horsesmouth.
Jen shares how being narrowly focused on helping women lawyers has been valuable for her clients and for the growth of her practice. She explains that when an advisor is tuned in to the common issues and unique challenges the clients are facing, he or she will ask better questions, speak their language, model more impactful scenarios, and broach topics that lead to the most meaningful discussions. A more focused niche practice leads to deeper client and COI relationships, a stronger value proposition, and the best kind of efficient and predictable growth.
December 8, 2019
Jen Dawson, Hemington’s Managing Director, was featured in the article Dream up your definition of success for a rewarding career, highlighting findings from Hemington’s Breadwinner Women Lawyer study.
Eileen O’Connor, Hemington’s CEO and co-founder, was featured in this month’s National Association of Personal Financial Advisors magazine.
Eileen authored this compelling article about the unique challenges of female clients planning for retirement and how the financial industry can better serve them. Eileen is a leader of NAPFA’s Women’s Initiative Steering Committee.
November 6, 2019
Hemington’s Thomas Lloyd was featured in this New York Times article, Tips to Ease Family Inheritance Tensions.
September 20, 2019
The Mom at Law: Financial Insecurities of Breadwinner Women Lawyers
The Mom at Law, one of the most popular online resources for lawyer mothers, highlighted key findings from Hemington Wealth Management’s latest study: “What Do Breadwinner Women Lawyers Want?” Hemington is honored by The Mom at Law’s commendation and support for our mission to help more breadwinner women lawyers:
“I found the study’s findings fascinating. That so many smart, accomplished, financially-secure women seemed reluctant to willingly accept help managing their responsibilities really surprised me. Several other points stood out to me as well, along with the conclusions of the study. Hemington suggested several solutions to these issues as well, which is worth exploring for women navigating these challenges. The full report is available at this link: https://www.hemingtonwm.com/breadwinner-women-lawyers/. Give it a read and share with the women breadwinners in your life. Many thanks to Hemington Wealth Management for this important information!”
Jen Dawson’s article, Building a Niche Practice: Don’t be afraid to get even more specific, was the cover story for this month’s The National Association of Personal Financial Advisors’ monthly publication: NAPFA Advisor, The Art and Science of the Fee-Only Practice. Jen highlights the ways that Hemington’s specialization in serving women lawyers benefits clients, helps to eliminate competition, increase referrals, and provides greater clarity in business strategy. Jen was a speaker on this same topic at NAPFA’s National Conference in October 2019.
August 12, 2019
Above the Law Podcast: Are You a Woman Fed Up with BigLaw? You Aren’t Alone.
Hemington’s latest study, “What Do Breadwinner Women Lawyers Want?” was featured on The Jabout podcast, an offshoot of the Above the Law brand focused on the challenges of women, people of color, LGBTQIA, and other diverse populations face in the legal industry. Jen Dawson discusses the biggest frustrations of women in the legal profession, tips to improve your financial health, and provides insights on why women lawyers often struggle to live a life full of both professional achievement and personal joy.
June 10, 2019
Becker Group Women’s Leadership Podcast
Jen Dawson, Managing Director at Hemington Wealth Management, was featured on the Becker Group’s Women’s Leadership Podcast to talk about her work in the legal field and her best practices in building client relationships that last. A former NCAA track and field athlete at the University of South Carolina, Dawson is a proven competitor and is on a personal mission to bring more financial peace of mind and joy to lawyers, a group of professionals who are under huge amounts of stress, professionally and personally.
March 3, 2019
Jen Dawson crossed the finish line at the Tokyo Marathon and joined an elite group of Six Star Finishers, having completed all six of the world’s major marathons (Tokyo, New York, Berlin, London, Boston, Chicago).
In addition to her work as a financial advisor and her adventures running around the world, Jen has personally raised more than $50,000 for the non-profit Girls on the Run-Chicago over the past seven years.
Jen’s hometown newspaper featured her in a recent article, mentioning her “dream job” at Hemington, working with Breadwinner Women – “helping strong, decision-making women feel more confident and comfortable talking about making smart choices with their money.”
January 23, 2018
Ryon Beyer was featured as an industry expert for the 2018 Advisor Authority special report from Jefferson National
This was the third year in a row that Ryon was asked to be one of the four industry leaders selected nationwide for the special report. His input on serving high net worth investors is helping to shape the industry.
May 13, 2018
What Women Want in a Financial Advisor
Eileen O’Connor was showcased in Forbes’ article “What Women Want in a Financial Advisor.”
March 8, 2018
Jen Dawson featured on the Resilient Lawyer Podcast
Jen Dawson was featured on the Resilient Lawyer Podcast with Jeena Cho – “Removing the Taboo with Money and Finding Balance Financially.”
November 29, 2017
Financial Advisor IQ Highlights Eileen O’Connor
Financial Advisor IQ highlights Eileen O’Connor in an article featuring the Jefferson National study and Emerging High Net Worth individuals.
Ryon Beyer and Eileen O’Connor are featured as Subject Matter Experts for the 2017 Advisor Authority special report from Jefferson National.
Ryon and Eileen discuss the unique needs of affluent investors, explain what it means to put these clients first, and examine how firms can drive growth and enhance profitability by helping these clients build more wealth.
Download the PDF Here (PDF 549kb)
Jen Dawson’s article Networking with Men was published by the Women’s Bar Association of Illinois.
Jen shares tips and inspiration for Breadwinner Women to more effectively and intentionally network with men
Download the PDF Here (PDF 165kb)
August 31, 2017
“Advising Breadwinner Women” was published in August NAPFA Advisor
Eileen O’Connor’s article “Advising Breadwinner Women” was published in NAPFA Advisor’s August issue.
Download August NAPFA Advisor Excerpt Here (PDF 524kb)
July 20, 2017
The Path to Ownership
WealthManagement.com featured Eileen O’Connor’s path to ownership of Hemington Wealth Management, and how she chose to focus the future of the firm on women.
May 31, 2017
Investment News asked top advisers for their recommended summer reads – both professional and fun.
Check out Eileen’s picks at the link below.
May 18, 2017
A ‘Grave’ Threat to the Advisory Industry – Financial Planning
Eileen O’Connor was recently quoted in an article at Financial Planning.
How Advisors Can Reach Wealthy Women
wealthmanagement.com, February 2 2015 As women make strides towards equality in the workforce, many are taking over as their household’s primary income earner. Eileen O’Connor, the managing principal and co-founder of Hemington Wealth Management, says this shift presents a huge challenge and even bigger opportunity for financial advisors.
Why do advisors have such a hard time reaching women?
CNBC, February 2 2015 Depending on how you look at it, the financial advisory industry has either a huge opportunity—or a huge problem.
Should Women Invest in the New “Women’s” Fund?
Next Avenue, August 13, 2014 I’m always looking for the best ways to invest my retirement savings, especially if there are new ideas worth considering.
Women and Money
Viking, April 2014 Take the lead. Smart money management is good for everyone, but women have additional reasons to stay on top of their finances.
TD Ameritrade Institutional 2014 in Pictures
Investment News, February 1, 2014 “Women are not a niche market,” said Eileen O’Connor, founder of Hemington Wealth Management, at the conference.
Live! From TD Ameritrade Institutional: How to get and keep female clients: R-E-S-P-E-C-T
Investment News, January 30, 2014 Financial advisors who want to attract female client must carefully craft a messaged designed for that particular woman’s knowledge and interest level.
Women and Financial Advisers: A Rocky Relationship
Wall Street Journal, November 29, 2013 Not long after my husband, Cliff, and I got married, he asked me to join him for a meeting with his financial advisor.
When Men Should Handle Money Like Women
Next Avenue, August 6, 2013 If I suddenly lost my job or was walloped by medical bills, probably the last place I’d go for money to keep me afloat would be my retirement savings. To me, this cash is untouchable.
Four Stay-Cool Strategies for Today’s Hot Stock Market
Forbes, March 21, 2013 It’s been a pretty gleeful gallop for U.S. stock market investors lately. That’s why I’ve been asking my girlfriends in their 50s and 60s whether the wow Dow had led them to buy more stocks and mutual funds or if it was making them uneasy.
They Know Money
Washingtonian Magazine, November 2012 Since the powerful Wall Street Player Lehman Brothers imploded four years ago, it’s been a choppy ride for investors. That collapse, which many view as the peak -or depths – of the financial crisis, rocked financial markets and radically changed the investing landscape.
November 5, 2012 Eileen Speaks on Gender, Finance & Power at the University of Maryland
Women and Money Why You Need to Take Control Now
Real Simple Magazine, September 2012 The good news: More than a third of American women are now the family breadwinner (look at that!). The bad news: We still tend to pass the buck on important money matters, such as investing and retirement. Ready to take charge of your financial future? Start right here…
Madame Ex: Advising ‘Grey Divorcees’
Advisor One, September 25, 2012 We all know the cliché of the older divorcing couple: The husband, in the throes of a midlife crisis, dumps his aging wife for a younger cutie who will shore up his self-esteem and rouse the envy of his peers. This may be one more stereotype that baby boomers are shattering.
What Do Wealthy Women Want?
Market Counsel, July 13, 2012 According to Ms. O’Connor, when it comes to getting and keeping ultra high net worth women as clients, it comes down to one thing: “Women need more education and validation than men to make financial decisions, and they can easily detect whether an advisor is really listening to them.”
Wealth Management Reader’s Choice
Smart CEO, June 2012 When it comes to a CEO’s entourage of trusted advisers, the wealth manager holds a firm seat at the table. Acting as the “Swiss Army Knife” of money management, the wealth manager keeps a pulse on not only personal finances, but also business finances, estate planning, legal resources and investment management.
What Do Wealthy Women Want?
Advisor One, June 27, 2012 It’s no great secret that advisors frequently lose women as clients after they divorce or when they become widowed. The bigger secret is figuring out how to make them stay. It comes down to this…
One Size Doesn’t Fit All
Advisor Solutions, Q2 2012 You’ve heard the statistics: Women control a substantial and growing proportion of privately held financial assets. What’s more, well-established social trends and common life changes suggest that proportion will only increase in the years ahead, spelling opportunity for Registered Investment Advisors (RIAs)….
Most Women’s Initiatives Missing the Mark
Wealth Management.com, June 26, 2012 Women’s initiatives” have become the industry’s hot dot, with many financial services firms identifying women as a growing “niche market,” hosting “women’s symposiums,” creating ad campaigns aimed at women, or training their advisors on how to talk to women.
Women and Financial Advisors: A Rocky Relationship
Next Avenue, May 16, 2012 Not long after my husband, Cliff, and I got married, he asked me to join him for a meeting with his financial adviser. Cliff had invested with this adviser for about a decade and was happy with the results.
Study on Women and Wealth Finds One Size Does Not Fit All
Worth, January 31,2012 Family Wealth Advisors Council (FWAC), a national network of independent, fee-only wealth management firms, today announced the first round of results of its inaugural study of high net worth women across the country….
Advisors Fall Short of Aiding Affluent Women: New Study
Advisor One, January 25, 2012 The financial services industry has a long way to go in providing the kinds of services wealthy women say they want, according to new research by Family Wealth Advisors Council, a national network of independent, fee-only wealth management firms.
Advisors Need to Treat Women As Individuals, Study Says
Private Wealth, January 20, 2012 Financial advisors who want to succeed with women clients need to treat them as individuals, not as a group, according to a new study by the Family Wealth Advisors Council. Furthermore, the higher the wealth level, the more the woman client wants her advisor to know her as a complete person, not just as an investment client, according to the study.
In Praise of Housewife Economics
Barron’s, December, 19, 2011 Long live housewives. May their economics reign. I’ve come to this position after reading Women of Wealth, a study produced by the Family Wealth Advisors Council, a nationwide network of independent wealth management firms.
What Wealthy Women Really Want
Wall Street Journal, November 23, 2011 Over the next 20 years, some $25 trillion will be passed to women through divorce, death of spouse or inheritance. They already make up just under half of the nation’s millionaires. Combined with their growing earning and wealth-creation power, women may account for up to two thirds of the nation’s wealth by 2030.
The Informed Investor
The Informed Investor Many people today are facing difficult choices in achieving their financial goals and, as well they should, are asking serious questions. Our goal with The Informed Investor is to help you see through the noise of the marketplace in order to systematically make smart decisions about your money…
Three Ways to Make the Most of Tax Time
Washington Woman Magazine, March 2007 Come tax time, many people seek to make the wisest choices with their refund (or plan better next year if they owe money to Uncle Sam). While a noble pursuit, the wealth of information that individuals are frequently bombarded with can be complex and confusing….
All in the Family: How to Avoid the Headaches from Working with Your Relatives
Washington Smart CEO, April 2010 Family businesses run the same life cycles of any other business. They experience the same peaks and valleys in revenue streams. They experience hiring and firing issues. They also experience ownership and management changes. But family businesses also bring their own unique dynamics…
PRACTICE MANAGEMENT: Tax Move Saves Family $1.5 Million
Dow Jones Newswires, April 21, 2009 The elderly couple weren’t even Eileen O’Connor’s clients, but she knew they needed assistance. The husband, a longtime executive at a technology firm near Washington, D.C., had accumulated…
Out of the Boardroom
Journal of Wealth Management Consulting, November 2009 Eileen O’Connor spent more than a decade firmly entrenched in the corporate world—consulting in New York and Asia, working with venture-backed tech startups and putting her Harvard MBS to good use. But while consulting with a string of startups in Washington, D.C., O’Connor realized…
What Characteristics Should Your Financial Advisor Have?
Diversity Edge Magazine As an advisor to high net worth investors, I see firsthand what makes relationships with my most loyal clients tick. Regardless of where they fall on the net worth spectrum, consciously or unconsciously, most individuals look for six core characteristics in the advisors….
Five Key Ways to Improve Your Financial Life
Diversity Edge Magazine Many people are faced with the daunting task of simplifying their financial lives. This is exacerbated by all the different information and opinions that individuals are exposed to in the realm of investment management. If one were to filter this into sound advice, we could isolate five concepts that would…
Worried About Your Retirement?
Diversity Edge Magazine Whether you are a business owner or professional, you should be concerned about how to fund your retirement years. Amazingly, while the average savings rate is less than 3% nationwide, the average worker is “very confident” about their retirement plan(s)….
Selling Your Business
Diversity Edge Magazine As the baby boomer generation prepares to retire, many self-employed business owners will face numerous issues regarding the sale and transition of their business. Some of these issues include how much the business is worth, to whom they will sell their business, and how much in capital gains taxes…
Early Exit Planning: A Key to Business Owners’ Personal Financial Security
Diversity Edge Magazine Most business owners are too busy running their business to think about planning their exit from it. Their mindset is one of “there won’t be a business to exit from if I don’t take care of the daily tasks.” However, developing and executing a transition plan early on is a critical part of running a business….
What Obama’s Tax Policy Agenda Might Mean to You
Diversity Edge Magazine With the long-fought campaign over and president elect Obama readying himself to take the oath of office on January 20, 2009, many are turning their attention to the question of “what does that mean for me?”From a tax perspective, it may mean quit a bit…