04.01.26
Roundup: Cross-Industry Perspectives on Financial Literacy
by: BISA Staff
April is Financial Literacy Month — a natural moment to reflect on how knowledge, access and guidance shape financial confidence across different audiences. Financial literacy isn’t one-size-fits-all; it shows up in different ways depending on life stage, community and circumstance, and it often starts with meeting people where they are. This roundup highlights the many ways financial professionals can help clients build understanding and long-term resilience.
Women and The Great Wealth Transfer
As trillions of dollars shift into the hands of women over the coming decades, financial literacy will play a pivotal role in ensuring that wealth is not only preserved, but grown with confidence. In this recap, Lauren Weindorf shares how her 2025 BISA Rising Stars cohort explored the intersection of gender and the great wealth transfer, with a focus on the unique barriers women may face in accessing financial education and advice. Their work highlights the importance of tailored engagement strategies, emphasizing education, trust-building and long-term empowerment to help women take an active, informed role in managing wealth.
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Financial Literacy in The Latino/Hispanic Community
With the rise of new compensation opportunities for college athletes, financial literacy has become an essential part of their success both on and off the field. This article explores how student-athletes — many of whom are managing significant income for the first time — benefit from guidance on budgeting, taxes and long-term planning. It also highlights the opportunity for financial advisors to step in as educators, helping these young clients build strong financial habits early and equipping them with the knowledge to sustain their earnings well beyond their athletic careers.
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Financial Advisors Get in the Game: Working With Student-Athletes Is a Win-Win
Financial literacy doesn’t stop with individual clients — it extends across generations. This article highlights the value of family money meetings as a tool for educating heirs and fostering open dialogue about wealth, goals and financial responsibilities. By creating space for these conversations, advisors can help younger family members build financial knowledge and confidence while strengthening continuity across generations. The result is not only better-informed clients, but also more durable relationships that can withstand the challenges of wealth transfer.
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Organizing Effective Family Preparedness Meetings and Seminars
Only 13% of affluent investors choose to work with the same financial professional their parents used. Enter the family money meeting. At the 2025 BISA Annual Conference, Kylie Murray, director of practice management, consulting and strategy at Sammons Institutional Group, shared her experience and advice for managing these meetings. She emphasized that by holding these conversations, advisors plant a seed with younger generations — helping to avoid becoming part of the 87% of advisors who lose clients during wealth transitions.
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