Women on the Move Podcast

What Really Matters When You’re Picking a Financial Advisor?   If you don’t know exactly what a financial advisor does all day, you’re not alone. Many of us have the nagging feeling we should engage with one … but aren’t quite sure what they’d do for us. That’s why Women on the Move’s Sam Saperstein sat down with Annemarie von der Goltz, a Wealth Advisor with J.P. Morgan. In this conversation, Annemarie gives us a peek behind the curtain to see how she connects with her clients and why she loves her job.   As it turns out, financial advisors like Annemarie may juggle everything from lending, estate planning, retirement planning, and investment strategies to talking about monthly expenses and cash flow. She’s there for her clients, no matter how big or small their money-related questions may be. Interestingly, a financial advisor’s job used to be narrower in scope. Annemarie points out that the role of the financial advisor has evolved over time, and now she needs to think 10 steps ahead of her clients.   “We have to be thinking about the ripple effect of anything we do,” she explains. “[We need to make] sure that we are using the knowledge we have from servicing other clients to set up each new client.”   Why rapport matters in financial advising The investment world has a reputation for being cold and impersonal, and yet money itself is an incredibly emotional concept for most of us. For this reason, Annemarie urges women seeking financial advisors to focus on rapport and chemistry. The relationship will be an intimate one by its very nature, so you should pick someone who “gets” you! To work effectively with her, Annemarie insists that her clients share their wants, needs, and fears so she can create custom-fit investment strategies for them. Her years of experience have taught her that if a client doesn’t trust her, she’s sunk.   “A financial advisor, from my perspective, is a coach, an educator, and a psychologist,” she says. “If you don't feel comfortable opening up, it's probably not going to be a great relationship. Your advisor is only as good as the information you share with them.”   To close out the conversation, Sam asks if a career in financial advising and planning is welcoming to women. Annemarie says it’s a perfect fit for women with high emotional IQs and entrepreneurial spirits and encourages more women to follow in her footsteps.   DISCLOSURES The statements, views and opinions expressed are those of the presenters and are not necessarily endorsed by, or reflect the views or positions of, JPMorgan Chase Bank, NA or any of its affiliates.  The presentation is for informational purposes and is not a recommendation or solicitation of any particular actions.  JPMorgan Chase Bank, NA and its affiliates are not liable for decisions made or actions taken in reliance on any of the information covered during the event. Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. This material is intended as a general commentary , and not intended to be a forecast of future events, or guarantee of future results or investment advice. The opinions expressed are those of Annemarie von der Goltz and may differ from those of other J.P. Morgan employees and affiliates.  This material should not be regarded as research or as a J.P. Morgan Research Report. Nothing in this material shall be considered a solicitation to buy or an offer to sell securities, other investments or services to any person in any jurisdiction where such an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction.  Any mention of an individual security, investment or strategy is provided for informational purposes only and should not be construed as a recommendation. Outlooks and past performance are not guarantees of future results. The use of any third-party trademarks or brand names is for informational purposes only and does not imply an endorsement or that such trademark owner has authorized JPMorgan Chase Bank, N.A., to promote its products or services. J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment advisor, member FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co.   Products not available in all states.   Investment and insurance products are not F-D-I-C insured, not insured by any government agency, not a deposit or other obligation of, or guaranteed by JPMorgan Chase Bank N-A or any of its affiliates. Subject to investment risks, including possible loss of the principal amount invested.

Teaching Girls to Be Strong, Smart, and Bold   Stephanie Hull knows that making our society more equitable for women is a long game. (And just like Whitney Houston, she definitely believes “the children are our future.”)   So she’s working with young girls, aged 5 to 18, to teach them the skills and confidence they need to grow into powerful leaders. Stephanie discusses her transformative program, Girls Inc., with Women on the Move’s Sam Saperstein, including how her programming covers topics from racial justice to money management.   Shifting paradigms through mentors and role models Girls Inc. is a big organization tackling big issues. Through a combination of direct service and advocacy, the program helps budding leaders grow up healthy, educated, and independent through in-school and after-school workshops. And with 78 local organizations in 1600 different sites—both urban and rural—Girls Inc. has some serious reach! Participants might tackle anything from building a robot in STEM programming to developing a yoga practice in mind/body classes. Stephanie is especially proud of the mentorship component of Girls Inc. She’s witnessed firsthand the power that role models have on the hearts and minds of young girls.   “A mentor can make a huge difference in their ability to be resilient, to stay on track in school, to graduate from college,” she says. “When you have a role model who is a woman, who models healthy choices and also cares about you, that goes a long way. Mentors help to build a sense of possibility.”   She points out that this is especially true when it comes to money matters; if your role model is a dedicated saver or an enthusiastic investor, that can have a huge impact on your own habits. This is why Girls Inc. has a strong financial literacy component.   Making money less mysterious Since our schools don’t teach kids how to make budgets or apply for loans, most young adults emerge with no real knowledge of how to manage their finances. Stephanie sees this as a huge roadblock for upcoming generations, one that prevents them from leading financially independent lives. The Girls Inc. financial literacy curriculum is designed to be age-appropriate, teaching the youngest girls about simple concepts like counting money and basic banking; the middle grades about investing, entrepreneurship, and budgeting; and the oldest girls about loans, labor laws, and economic equity for women. Parents even get involved in this aspect of Girls Inc., and everyone graduates with a solid sense of how to manage their money.   JPMorgan Chase is thrilled to partner with Girls Inc. on their economic literacy program, and couldn’t be more proud of the progress Stephanie has made with this groundbreaking set of classes. She has such a clear vision for what her girls need to build confidence and grow into strong, capable women.   “They are the leaders that our future needs,” she insists. “And what we're trying to do is provide them with the tools and opportunities that they need to succeed, to change their own circumstances and ultimately to change the world.”

Byna Elliot is paving roads for change   For over two decades, Byna Elliot has created opportunities for growth and development within low- and moderate-income communities, and now she’s bringing her expertise to JPMorgan Chase, leading the Advancing Black Pathways program at a pivotal moment in American history. In this episode, Byna joins Women on the Move’s Sam Saperstein to discuss what it’s been like to helm the Advancing Black Pathways program during COVID-19, how changes must be made with intention, and advocating for yourself in the workplace.   Forging Pathways As the Head of Advancing Black Pathways, Byna oversees the bank’s $30 billion commitment to closing the wealth gap for Black and Latinx communities. From transitioning HBCU graduates into the workforce, to fostering entrepreneurship by increasing access to capital for Black and LatinX business owners, Byna works tirelessly to strengthen the next generation of leaders.   Arriving at JPMorgan Chase just months before COVID-19, Byna quickly pivoted the entire operation to meet the unexpected challenges brought on by the pandemic. With some students lacking access to the technology they needed for online learning or struggling to stay focused, it was no longer reasonable to expect the same level of academic output that was once possible. To meet students where they were at, Byna and the Advancing Black Pathways team worked with Thurgood Marshall and the United Negro College Fund to create a million dollar hardship fund and to modify the admissions qualifications in order to boost students’ chances for success, such as lowering the GPA requirements. “We wanted to make sure that we made some changes that allow these great students that we’ve supported over the years to have an opportunity to continue on with their education,” says Byna. “We want to make sure that we were part of the solution so that those students didn’t have debt without the prize of having a degree.”   Choosing a Focal Point This isn’t the first time Byna has led an initiative designed to reverse economic inequality, but the culmination of the protests following the murder of George Floyd and the blatant disparities highlighted by COVID-19’s destruction, she found herself reexamining her approach. “While I was extremely proud of the work I had [previously] done, it wasn’t focused on race,” she says. “When I pulled the data, I didn’t see the outcomes on race that I thought I should have seen given my focus on low and moderate income communities. It reminded me how important it is to really hone in on the communities and cultures or races that you want to affect. And so the opportunity to come to an organization that has been so bold and courageous was really important.”   Being Your Greatest Spokesperson   We’ve all heard about backlash women might face after sticking up for themselves in the workplace, but if we don’t advocate for ourselves, no one else will. Halfway through her career, when Byna was the only woman on her company’s senior leadership team, she had to make a choice: she could either continue bending over backwards to accommodate her male coworkers while juggling her responsibilities as a wife and a mother, or she could speak up.   So she spoke up.   “They wanted to start a meeting at six o’clock,” she explains, noting that the early start time meant having to drop her kids off at her mother’s house two hours prior so she could get them ready for school. Believing that her co-workers should never see her sweat, she agreed to the proposed schedule despite its obstacles. “So I get to the office before six I’m there, smiling, ready, looking calm, and collected, the gentlemen saunter in and they laugh, they joke, they’re talking football, they’re talking sports. And I am sitting there steaming and thinking they have no idea what it took for me and my family to get into this office.”   When the meeting wrapped and her boss asked whether they could meet again at the same time the next day, she put her foot down. “I said ‘the same things that you expect for your wife to enable you getting into the office is the same thing my husband expects for me. It takes a lot for me to get in here at six o’clock in the morning and it doesn’t work for me.’”   The following morning, the meeting started at 8 a.m.   All because Byna voiced her needs and her boss listened.

How Barnard’s President Sets Female Students on the Path to Success   Sian Beilock is president of Barnard College, a liberal arts college for women in New York City. The mission of the school is to develop its students to become agile, resilient, responsible, and creative in order to lead and serve their society, and Sian eagerly describes some of the school’s groundbreaking programs that fulfill that mission.   “We started a new program this year that I'm really excited about called Access Barnard,” she tells Women on the Move host Sam Saperstein. “It’s a home, both physical and virtual, for first-generation, low-income, and international students. So populations that may not have experience navigating American higher ed.”   Access Barnard offers these students help with everything from finding a mentor to budgeting for living expenses to asking professors for help. Sian says this program is particularly important because the school’s acceptance policy is need-blind: Barnard doesn’t consider financial need when reviewing applications.   Since Barnard is very focused on preparing women to lead, the school has created multi-level resources to help alums succeed once they’ve graduated. One such resource is Beyond Barnard, a one-stop shop that students utilize from day one to learn about different career paths and connect with professionals in the school’s broader network. Sian explains that connecting her students to female role models across industries is a huge priority.   “At Barnard, 60% of our faculty are women, including faculty in the sciences,” she says. “And when you see women who are excelling in fields where they're not traditionally represented, when you see women leaders, it lets you know that ‘people like me’ can do this.”   Self-care as leadership prep Sian emphasizes that her school is dedicated to instilling its graduates with the skills and knowledge they need to achieve long-term independence. The school’s new Francine LeFrak Center gives all Barnard students access to comprehensive physical and mental health, holistic wellness, and financial literacy support services, and underlines Barnard’s commitment.   “We know that women often stay in relationships for financial reasons and that women even who are successful in their own careers, aren't overseeing their own finances,” Sian explains. “These are part of the financial literacy conversations that will take place at our new wellbeing center.”   Watching Barnard students gain confidence, expertise, and wisdom makes her job incredibly rewarding, Sian tells Sam.   “Our students are going to go out and change the world,” she emphasizes. “I know young people are not going to stand by and go back to the old normal or accept systemic inequality issues around healthcare, race, and education. I have so much confidence and pride in these young women, and I can't wait to see what they produce next.”

Real Talk About Homeownership   Did you know that nearly 20 percent of new homeowners are single women? Even in the face of pay gaps and other gender-centric challenges, women are finding ways to invest in houses, condos, and apartments of their own. To discuss this trend, Women on the Move host Sam Saperstein calls on Keosha Burns, Vice President of Public Relations at Chase Home Lending. Keosha is a homeowner herself, and speaks candidly about her challenges and triumphs.    “Once I came around to wanting to buy a home, I had about $10,000 in credit card debt that I needed to tackle,” she admits. “I also had student loans, but my student loan debt was not outrageous. I was making that payment just fine. So I decided to tackle the credit card debt first.”   She says she sat down with her grandfather who took out a piece of graph paper and created a plan to aggressively pay down her debt. With his guidance, she had it paid off in about six months and was able to save another few thousand dollars on top of that! Keosha acknowledges that each woman will need to create a financial plan that works for her unique situation, but says that anyone who has been bitten by the homeownership bug should start by taking a long, hard look at her financial profile. Without a thorough analysis of income, spending habits, and debt, tackling a giant investment like a mortgage is bound to backfire.   “This is a huge transaction,” she says. “The biggest purchase most people will ever make in their life. And you need to make sure you're not just relying on someone else to tell you what you can afford to buy.”   Single women homeowners making waves Why are more and more single women buying homes? It used to be that purchasing a home was something that went hand-in-hand with settling down, getting married, and starting a family … but recent studies show that women aren’t interested in waiting. Many are eager to create a stable foundation for their financial futures, but Keosha points out that the single women driving this home-buying trend have a variety of backgrounds and motivations.   “I see a couple of groups. There’s this older cohort of women, often dealing with a divorce or separation of some kind, who are trying to maintain their lifestyle for their family,” she says. “I think that's a big portion of the single women home buyers. And then you also have this younger Millennial cohort that is focused on their careers. They're determined to build wealth and home ownership is a big part of that.”   In a previous role, Keosha launched a campaign to attract Millennials to homeownership through education and open communication, so she’s especially attuned to this group’s needs. She insists that if companies want to connect with female home-buyers in this demographic, they can’t just hit them with the same old messaging. They need to understand what women are looking for, how they're living their lives today, and how their dreams are shaping their homeownership goals.   “Telling these women, ‘You need to be part of a family to afford to make a purchase,’ or even just showing images of big suburban homes, it won’t work,” she says. “There are all different types of houses and people who buy them. We need to make sure that people know our industry embraces that diversity, and that we’re there for them.”   She rounds out the conversation by urging women interested in homeownership to be bold, ask questions, and give themselves permission to dream big!

Forget Rainy Days. Are You Saving for Your Future? Most of us have heard the statistics about women doing the lion’s share of caregiving. Far fewer of us recognize the ripples of impact that caregiving can have on our lives, careers, and financial futures. Laurinda Rainey, Managing Director of Travel and Affinity Credit Cards at Chase, talks with Women on the Move host Sam Saperstein about the often-unseen consequences of raising kids, taking leave, and being a caregiver.   “If women are caregivers to older parents or an older sibling, the time that they're out of the workforce compounds the wage gap that already exists in our country and in our world,” she explains. “Since women tend to also live longer, it's really, really important that they think ahead to their 70-, 80-, or 90-year-old selves. They must make sure that they have enough money for the life that they want to live, because they spend so much of their life constantly giving to others.”   Laurinda also dives into the importance of having long-term savings goals as a woman regardless of caregiver status, pointing out that saving for retirement and emergencies—as well as fun things like travel or homebuying—helps us be flexible and confident in the face of unexpected changes. A true advocate for preparedness, she encourages women to explore and invest in insurance, especially if they have known health risks. It may feel uncomfortable to insure yourself for worst-case scenarios, but Laurinda insists doing so often helps women through incredibly difficult times. Some of which she’s been forced to face on her own.   “I'm from a very large family, and that made me want to enroll in catastrophic medical care plans. I also have a cancer insurance policy, since I've lost both of my parents to cancer,” she says. “Some might have said that I was wasting money on these insurance plans, but with each of these instances, as they have occurred, I had a plan in place that gave me resources to help me navigate.”   Avalanche vs. snowball Of course, preparing for the future also means balancing out your debts. Laurinda tells Sam about two mindsets that helped her understand the best way to tackle paying down her own debts. The first is the “avalanche method,” which involves rank-ordering all of your debts, paying off whatever has the highest interest rate first, and once that debt is cancelled out, applying the money you’d once put toward it to the next debt in line. “What worked for me, though, was the snowball method,” Laurinda says. “Building the snowball is rank-ordering by the smallest amount of debt that you have to pay. When I paid off one debt, I could then apply the minimum payment I was making on it to the next debt that I had. That worked because I liked the adrenaline rush of quick wins.”  

How Can You Teach Your Kids to Earn, Spend, & Save?   At school, kids may learn about money in the abstract … but talking about bank balances and interest rates isn’t the same as experiencing them with your own dollars. Not only that, most parents never had “the money talk” with their own parents, and aren’t sure how to broach financial topics with their kids.   Kavita Kamdar is both a new mom and General Manager of Community and Business Development at JPMorgan Chase, so she knows instilling financial lessons in kids can be challenging. She’s passionate about creating tools that help young people learn and practice how to earn, spend, and save so they gain money skills long before they enter the workforce.. In this conversation with Women on the Move’s Sam Saperstein, she offers advice on how parents can talk about budgeting and expenses, navigating the world of “allowances,” and responsible spending. Kavita also introduces listeners to Chase First Banking, an account that can help make financial education easy, fun, and immersive.   “First Banking is a free digital product that helps kids learn about finances,” she says. “It's a checking account that's for your child and they get a debit card with it, but it's controlled by you as the parent. So you can go into the Chase mobile app and set allowances, assign chores, decide if you want them to spend $10 on Fortnite or not. It goes back to this idea of budgeting and instilling that lesson at a young age.”   Kavita points out that when most kids interact with money, it either is given for the purposes of being spent immediately (eg. “Here’s $10 to spend at the amusement park”) or given so it can be saved (eg. “Here’s $50for your savings account.”) With First Banking, kids get to experience spending and saving a and learn to understand the tradeoffs of each.   First Banking in action Sam also chats with Sara Treece whose son, Gideon, took part in the pilot program for the First Banking product that was offered to Chase employees. Sara describes Gideon as, “a funny 11-year-old boy who loves Michael Jackson and weird Al Yankovic. And he happens to have cerebral palsy, but he doesn't let that stop him from rock climbing and he loves to play wheelchair soccer.”   Like many parents, Sara had been trying to teach her son the basics of spending and saving for a while, but the concepts didn’t quite stick. Since Gideon has some learning disabilities and some developmental delays, just explaining things like “the value of a dollar” in abstract terms wasn’t helpful.   With First Banking, Gideon could see the balance of his account increasing and decreasing, and that helped solidify the concept of spending and saving.   “That really helped us kind of explain things like, ‘This is how much you have to save and this is how much you have to spend.’ We were finally able to teach this lesson to him about finances and how to earn, save, and spend money wisely.”   Sara says she’s also loved teaching her son to equate doing his chores with earning money that he can choose to spend or save, and to check his own bank balance before deciding to purchase something. She admits, too, that having some control over how and where he spends is a huge relief. (Gideon’s account splits his “earnings” into 60% for spending and 40% for saving.)   Kavita is proud to have championed a banking product that helps kids gain money management skills, and Sara is overjoyed to have access to a tool that helps her amazing son understand the basics of finance!

To say that Jean Chatzky is passionate about helping women build financial independence would be an understatement. She’s spent three decades reporting on personal finance, won countless awards for her writing and co-founded HerMoney Media to carve out room for discussions specific to women and money.   “When I set out to create her money, I wanted to create a safe space,” she tells Women on the Move host Sam Saperstein. “I wanted to create an environment where women feel like we can ask all of our questions because nobody's going to judge us, and we can put forward the things that we feel that we're doing wrong, as well as the things that we feel that we're doing right. A place where we can really dig in and help each other.”   Jean has built HerMoney Media into a wildly successful endeavor that supports many projects including the HerMoney podcast and Jean’s own writings. In her most recent book, Women With Money, she shares an accessible and simple five-step money philosophy that she designed to help women build sustainable wealth and financial security. Speaking with Sam, she describes the basics of each step—including building a sizable cash emergency fund and embracing your inner investor—emphasizing that her model only works if it’s followed consistently and over the long term. (Tough love, but so true!)   To research the book, Jean hosted dozens of HerMoney Happy Hours during which she invited women to gather and discuss their money worries and insights. She did this knowing that most women are deeply uncomfortable chatting about their finances, and that they were more likely to open up in a friendly group discussion.   “I created a deck of cards that have leading questions about money,” she explains. “We have since created a HerMoney Happy Hour kit that works pretty well on Zoom, and I know a lot of financial advisors who have adopted this format and do it with their clients!”   In this frank and revealing conversation, Jean dives into the fiscal issues facing women during the COVID-19 crisis, including feeling pressure to drop out of the workforce to support their families at home. She points out that when families have to hunker down and recalibrate, many revert to outdated gender roles where women are caretakers, cooks, cleaners, and homemakers. This works for many women, but others worry about how putting their careers on pause will impact their long-term goals. Jean agrees that COVID-19 related work sabbaticals may have real risks for women.   “When you leave a job, you are leaving the opportunity to earn additional seniority,” she says. “You're leaving the opportunity to earn additional social security credits. And when you go back in, you're often doing it at a level that is asking you to take a step back.”   That said, she’s still hopeful for working women everywhere. She urges us all to practice asking for the salaries we deserve, set solid fiscal goals, and never be afraid to ask for help with our money concerns. After all, if we don’t ask, how can we learn?   DISCLOSURES The statements, views and opinions expressed are those of the presenters and are not necessarily endorsed by, or reflect the views or positions of, JPMorgan Chase Bank, NA or any of its affiliates.  The presentation is for informational purposes and is not a recommendation or solicitation of any particular actions.  JPMorgan Chase Bank, NA and its affiliates are not liable for decisions made or actions taken in reliance on any of the information covered during the event.   Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.   This material is intended as a general commentary, and not intended to be a forecast of future events, or guarantee of future results or investment advice. The opinions expressed are those of Jean Chatzky and may differ from those of other J.P. Morgan employees and affiliates.  This material should not be regarded as research or as a J.P. Morgan Research Report. Nothing in this material shall be considered a solicitation to buy or an offer to sell securities, other investments or services to any person in any jurisdiction where such an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction.  Any mention of an individual security, investment or strategy is provided for informational purposes only and should not be construed as a recommendation. Outlooks and past performance are not guarantees of future results. The use of any third-party trademarks or brand names is for informational purposes only and does not imply an endorsement or that such trademark owner has authorized JPMorgan Chase Bank, N.A., to promote its products or services. J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment advisor, member FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co.   Products not available in all states.   Investment and insurance products are not F-D-I-C insured, not insured by any government agency, not a deposit or other obligation of, or guaranteed by JPMorgan Chase Bank N-A or any of its affiliates. Subject to investment risks, including possible loss of the principal amount invested.

Listen in as three powerhouse women—Janet Alvarez, Laurie Santos, and Allyson Felix—offer their advice on how to be happy, how to secure yourself financially, and how to make history.

Hear from Adrienne Stewart-Gordon, co-founder & co-owner of Pound Cake Society; Kelsey Bunker, co-founder & owner of The Jupiter Hotel and Jupiter NEXT; and Blanca Cabrera, owner of Sergio’s Family Restaurant on coping with COVID as a business owner.

In this timely conversation, JPMorgan Chase’s head of human resources Robin Leopold speaks about systemic racism with co-CEO of Ariel Investments, Mellody Hobson; best-selling author and activist Mikki Kendell; and president of One Fair Wage, Co-Founder of the Restaurant Opportunities Centers United, and Director of the Food Labor Research Center Saru Jayaraman. All three women speak on racial inequality and how we can all do our part to fight it.

In this episode of JPMorgan Chase's Women on the Move, entrepreneur and fitness guru Ally Love celebrates wearing many hats. As the founder and CEO of Love Squad, Peloton instructor, and host of the Brooklyn nets, she uses her influence to embolden women everywhere.  

Welcome back to the fourth season of the Women n the Move podcast. This season we'll take you inside JPMorgan Chase's annual Women's Leadership conference. This year, the event addressed critical issues affecting women, and tackled topics such as the health and economic crisis caused by the global pandemic racial injustice and prioritizing self-care.

Jamie Erickson, owner of Poppy’s Catering and cafe, saw that New York City had a need for “simple beautifully done food,” and she knew that she had the passion to bring a fresh new take to the catering industry. When the COVID-19 pandemic halted her catering and cafe business, she pivoted to find a way to serve her community safely and maintain her employees. She shares her struggle and her journey of recovering during this surreal time. In the face of crisis, Jamie stands strong in her original mission to share her passion for beautiful, approachable, and high quality food. Our second guest, Jacintha Tucker, Chase business banker, has been working with Jamie through this crisis and with many other small business owners. Jacintha demonstrates how women supporting women can create the biggest difference especially during an uncharted time like this pandemic.    Tune in to this episode of Women on the Move and learn about how a small business was able to navigate a crisis by using local resources while keeping their family and the families of their employees afloat.   The statements, views, and opinions that will be expressed during the event are those of the presenters and are not endorsed by, nor do they reflect the views or positions of, JPMorgan Chase Bank, N.A. or any of its affiliates. JPMorgan Chase Bank, N.A. or any of its affiliates are not liable for decisions made or actions taken in reliance on any of the information covered during the event. Please consult with your personal tax advisor on all tax-related matters. JPMorgan Chase Bank, N.A. Member FDIC. Equal Opportunity Lender. ©2020 JPMorgan Chase & Co.

Tracy Jaffe is the Chief Operating Officer of The Acceleration Project or TAP, a nonprofit dedicated to providing small business owners and entrepreneurs with the mentorship and resources they need to succeed. Tracy has played a key role in TAP’s growth from a small local nonprofit to an organization with major national impact. Most recently TAP collaborated with WOTM on Navigating Your Cash  a series of interactive tools, resources and content designed to teach small business owners how to better manage their finances. Our second guest, Ellen Sledge, founder and CEO of Penny Lick Ice Cream, and a TAP mentee, shares her own experiences with the cash flow management tools and the story of how she expanded her business from a mobile cart to multiple retail stores. Tune into this episode of Women on the Move and learn more on navigating cash flow for your small business, the available resources you may not know about, and how even during a pandemic, you can come out on top. For more information on the Navigating your Cashflow content, go to chashflow.chase.com. The statements, views, and opinions that will be expressed during the event are those of the presenters and are not endorsed by, nor do they reflect the views or positions of, JPMorgan Chase Bank, N.A. or any of its affiliates. JPMorgan Chase Bank, N.A. or any of its affiliates are not liable for decisions made or actions taken in reliance on any of the information covered during the event. Please consult with your personal tax advisor on all tax-related matters. JPMorgan Chase Bank, N.A. Member FDIC. Equal Opportunity Lender. ©2020 JPMorgan Chase & Co.”  

Casey Halliley, founder of Wealthology, is on a mission to provide outstanding financial literacy training to students and young professionals. For Casey, the most powerful lesson on how to accumulate wealth is simple, start saving and investing early. One of the keys to Casey’s success is her ability to seek out and work with mentors. Our second guest, Elizabeth Ellsworth, head of marketing for J.P. Morgan’s innovation economy sector, was Casey’s mentor through the Vinetta Project. Casey and Elizabeth discuss how a mentoring relationship can support both personal and professional growth. Tune in to this episode of Women on the Move and hear about mentorship and supporting female founders and learn how financial literacy education in this country is still a major work in progress.

LaChena Clark’s story of starting a business during the 2008 recession is a lesson we can all learn from in the current COVID-19 pandemic. LaChena, owner of Sudsy Water Laundry & Dry Cleaners and Mia’s Bathhouse for Pets, shares advice on how to get through a crisis, as well as how to lean onto other local business owners for support during these uncertain times. Despite facing a loss in her business, LaChena was determined to give support to the community by providing laundry services to the homeless and the elderly.    Tune in to this episode of Women on the Move and learn about how a small business was able to navigate a crisis by using local resources while giving back to the community.

Like many people in the food service industry, Nicole Jordan, owner of Nicole Jordan Catering in Chicago, faced a sudden drop in demand for her catering company during the COVID-19 pandemic. Determined to adapt her business and take care of her staff, Nicole turned to non-traditional funding sources to change her company’s focus and pivot to prepared meals. Opening up about her path to entrepreneurship and how she quickly restructured her business during the pandemic, Nicole shared advice for female entrepreneurs about funding sources, the importance of setting your business up for success, and the importance of mentorship and taking advantage of all available resources.   Tune in to this episode of Women on the Move and learn how a small business quickly navigated change during the pandemic.

The global pandemic hit small business owners hard, most facing tough decisions on whether they would be able to stay open and, also, how to best help their local communities. Our guest today, Dr. Sonat Birnecker Hart, co-founder of Koval Distillery in Chicago, was able to pivot her business to remain open and also provide essential hand sanitizer to her community and the health care professionals who needed it most.  Changing her business to produce hand sanitizer was an uphill battle, and Sonat had to deal with regulatory challenges and slumping sales as countries locked down and bars closed across the world.  Luckily this is not the first challenge that Sonat had to overcome: from starting a distillery midway through her career, being a working mother, and being one of the few women in her industry, these hurdles prepared her for the COVID crisis Tune in to this episode of Women on the Move and hear how a small business was able to make a big impact in the community. 

Welcome to Season 3 of Women on The Move podcast. In the first two seasons, host Sam Saperstein spoke with incredible business leaders at the World Economic Forum in Davos, Switzerland, and, the talented executives at JPMorgan Chase. In season 3, we're focused on fearless female business owners and how they are meeting the needs of their customers and community while facing a global pandemic with grit and resilience.  Make sure you rate, review and subscribe to our podcast so you don’t miss any episodes.