Women and finance: How embracing risk can unlock greater success

RISK is an inherent part of both investing and career growth. While being cautious can protect against losses, avoiding risk altogether comes with its own set of dangers – missed opportunities, underperformance, and stagnation. Historically, women are perceived as more risk-averse in investing and professional decision-making.

Taking calculated risks is essential for success, however, whether it’s investing in alternative assets, negotiating compensation, or making bold career moves. In today’s competitive landscape, professionals who embrace risk thoughtfully are better positioned to drive innovation, achieve financial independence, and create lasting impact.

In November 2024, I moderated a discussion at the Inspirational Women Forum & Leadership Awards, “The Risks of Being Risk Averse”, hosted by the US-based Los Angeles Times. I’ll share insights (lightly edited) about women and risk, from two of the panellists – Amber Ortiz, who is senior vice-president and senior private client adviser at City National Bank, California, and Lara Shortz, office managing partner in Michelman & Robinson LLP’s Los Angeles office.