Financial advisor Lisa VanArsdale Lakeview Wealth Management image

Lisa VanArsdale: A Financial Advisor Empowering Women

LPL Financial

“We have a passion for changing the face of our industry to look more like the clients we serve. It is something our firm stands behind. The empowerment of women, both on our team, and our clients has been our focus for years, and we have much more to do.” - Lisa VanArsdale

LPL advisor shares insights on running a successful female-owned and operated firm.

First Lisa VanArsdale broke into the financial services industry in 2007. And then she broke out.

In a recent interview with Authority Magazine, VanArsdale said that when she joined her family’s financial Chicago-based financial firm, she was committed to learning everything she could to expand her knowledge and help her mother, Judy, take the business to new heights.  

It wasn’t always easy, although sometimes that was self-imposed. VanArsdale recounts in the article a story about her first FINRA exam. “I laugh every time I think about the fact that I showed up to take my first FINRA exam without opening a book. I was cocky, and it backfired,” she said.

Moving forward

She left that cockiness behind, and in short order, set her sights on bringing more diversity into her and her mother’s Lakeview Wealth Management practice. “With an industry desperately in need of more diversity, one way Lakeview Wealth Management stands apart is by being an all-female owned and operated financial planning firm,” she told Authority Magazine, adding, “That was not designed intentionally, but naturally fell into place. We have a passion for changing the face of our industry to look more like the clients we serve. It is something our firm stands behind. The empowerment of women, both on our team, and our clients has been our focus for years, and we have much more to do.”

That philosophy, along with a strong commitment to work “extremely hard” for clients and being more concerned about their best interests than her practice’s bottom line, has pathed the way for growth and recognition for Lakeview Wealth Management. In 2017, she bought into the practice to become her mother’s business panther, and in four short years, she was a finalist for the 2021 Women in Asset Management Next Generation Leader of the Year Award.

From good to great

One of VanArsdale’s tips for making a good company great, the theme of the Authority magazine article, was to “Join a coaching program to surround yourself by like-minded individuals and ask them to keep you accountable.” In 2021 she joined the Advisory Council for the George Washington University School of Business — Women in Leadership Program. But she doesn’t stop there. She’s continuously helping coach other financial advisors and advocating for the financial industry as a whole.

At LPL Financial, she volunteers her time as a member of the firm’s Advisor Inclusion Council. She also serves on the LPL Government Relations Council and LPL RIA Ambassador Council.

Like VanArsdale, LPL is devoted to empowering women financial advisors and giving them the tools and resources they need to succeed. You’re encouraged to learn more about LPL’s holistic approach to diversity and inclusion.


Disclosures

The views and opinions expressed by LPL Financial Advisor(s) may not be representative of the views of other Financial Advisors and are not indicative of future performance or success. Neither LPL Financial nor the LPL Financial Advisor can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

LPL Financial and Lakeview Wealth Management are separate entities.

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