Sallie Krawcheck has been named "the most powerful woman on Wall Streetโ, and founded the first financial advisor company for women ๐
Born in 1964 in Charleston, South Carolina, Krawcheck initially pursued journalism at the University of North Carolina at Chapel Hill ๐
After realizing her passion for business, she shifted gears, earning an MBA from Columbia Business School ๐
Krawcheck started her career in investment banking at Solomon Brothers, navigating through the male-dominated finance industry ๐ผ
After climbing through the corporate ladder, she joined Citi as the CFO, and later the CEO of Citigroupโs Wealth Management group.
She later left Citi because of office politics. She wanted Citi to reimburse clients for distributing bad investments, but higher management disagreed.
For this effort, she was praised by The Daily Beast as remaining one of the "rare honest voices on Wall Streetโ ๐
After that, she joined Bank of America as the president of the Global Wealth & Investment Management division, leading them to $3.1 billion in profits in two years.
Krawcheck's experiences, especially witnessing how the 2008 financial crisis disproportionately affected women, inspired her to create a financial advisor company for women in 2014 ๐บ