Welcome to the latest episode of the Expat Investor Podcast. This time, we’re diving into the unique challenges and opportunities that female expats face in financial planning.
Hosted by Carla Smart, Chartered Financial Planner and Group Head of Pensions at Skybound Wealth Management, this episode brings together insightful voices from her guests, Rhiannon Bagshaw and Umarrah Shafiq, two new financial advisers at Skybound Wealth.
Carla, Rhiannon, and Umarrah share their journeys into financial planning, discussing how they each found their way into a traditionally male-dominated industry. Rhiannon speaks about following in her father’s footsteps but finding her own path and building credibility as a female adviser. Umarrah, on the other hand, discusses how her psychology background helps her connect with clients and provide holistic financial advice.
The conversation sheds light on the gender gap in financial planning and the barriers that often deter women from entering the field, including concerns about work-life balance. Rhiannon and Umarrah reflect on how the flexibility in their roles, especially with remote client meetings post-pandemic, has allowed them to thrive professionally while balancing family life. Carla adds her perspective on Skybound Wealth’s forward-thinking approach to work-life balance, a supportive environment she has valued during her 11+ years with the company.
Carla, Rhiannon, and Umarrah discuss the importance of women achieving financial independence and address specific challenges like the gender pay gap, career breaks, and lack of financial literacy. They emphasize the power of budgeting, saving consistently—even in small amounts—and the importance of financial education. They also discuss how women can support each other through mentorship, community, and open discussions about financial goals.
The episode closes with an introduction to Women Like Us, an initiative created by Skybound Wealth to support women in taking control of their finances. Rhiannon and Umarrah share their vision for growing Women Like Us in Dubai and the surrounding region, aiming to foster a supportive community through workshops, coaching programs, and collaborations with other female-led networks.
Listen in for an inspiring discussion on the value of community, mentorship, and financial planning tailored to women. If you're in Dubai or the surrounding region, keep an eye out for upcoming Women Like Us events and workshops where you can connect with like-minded women and gain valuable financial insights.
If you're a financial adviser interested in joining our team and making a real difference, we'd love to hear from you. Contact Lily Johnson, Group Head of Talent, to explore opportunities at Skybound Wealth and be part of our mission to empower clients and support women in finance.
Follow us on:
This was recorded on the 25th October 2024 and all information was correct at the time of recording. As always this podcast is for educational purposes only and is not a personal recommendation. If you’re unsure what’s right for you, you should seek advice. Past performance isn’t a guide to the future, and investments rise and fall in value so you could get back less that you invest.
Carla has spent the last 15 years helping expatriates to manage their finances effectively, and has been learning, to some extent first hand, of some of the challenges faced when living abroad. In particular, she has extensive knowledge of the interplay between the UK, French and Swiss systems, having lived and worked in each of these countries. Carla has built her reputation as a trustworthy adviser to individuals looking to plan for their futures, and her high level of client retention is a testament to this.
With over 15 years of experience, Rhiannon is an FCA-qualified wealth planner dedicated to helping clients achieve financial clarity and confidence. Trained in the UK and a Chartered Insurance Institute (CII) member, she brings expertise and a personal touch to her work.
A key figure in the firm’s “Women Like Us” initiative, Rhiannon empowers women to take control of their financial futures. Her holistic approach covers savings, investments, pensions, estate planning, and more. Known for building strong relationships, Rhiannon is a trusted partner, committed to supporting her clients’ financial well-being.
With over eight years of experience, Umarrah is a Chartered Wealth Planner dedicated to helping individuals and families achieve their financial goals. She has held key roles at Mazars, RBC Brewin Dolphin, and Prudential, gaining broad expertise across financial disciplines. Her Psychology degree from Heriot-Watt University informs her empathetic approach, ensuring she understands her clients’ unique needs.
At Skybound Wealth Management, Umarrah champions the “Women Like Us” brand, empowering women to gain financial independence and confidence. Her mission is to provide steadfast support, whether clients are navigating complex financial challenges or planning for their future.
To find out more about this topic and more, please fill in the form below to arrange a call back.
Stay up-to-date with financial news and insights delivered straight to your inbox. Sign up today.
An International Wealth Management Company Built Upon That, Which Is Most Precious To You. The Desire For Freedom & Benefit.
The biggest investment we make isn’t into a single stock or share, it’s our commitment to helping you realise the future you deserve .
Listen To Our Latest Podcast
.svg){kind=icon}
