WIPP NP Nicolina Stewart Attends U.S. Department of Treasury Meetings in DC
Tuesday, September 13, 2011
WIPP MEMBER ATTENDS U.S. DEPARTMENT OF TREASURY MEETINGS IN WASHINGTON DC
Washington, DC (August 18, 2011) -- Nicolina A. Stewart, CPA, President and CEO of CMA, Inc., a Registered Investment Advisor and CPA Firm headquartered in Sarasota FL, recently attended two high level meetings in Washington DC, with the purpose of economically empowering women business owners throughout the country.
Stewart attended a special symposium on Women in Finance hosted by the US Department of Treasury, which focused on the institutional investment space and the leadership role that women are playing with pension funds, foundations and endowments.
Women in senior positions at domestic public pension funds, corporate pension funds, foundations, and endowments manage well over $2 trillion worth of assets in the U.S., according to research from the Council of Institutional Investors.
"The leadership role that these women play is crucial to America's economic recovery,” said Stewart, who is Vice-President/Treasurer of Women Impacting Public Policy's Board of Directors, and attended on its behalf. "The purpose of this Symposium was to recognize the new phenomenon of female investment executives, connect their new roles to the story of the financial recovery, and inspire women who may consider finance as a future career.”
The Department of Treasury and White House also initiated an initial meeting of the StartUp America Partnership, which Stewart attended, and is forming a Working Group on Women Entrepreneurs to identify and assist women entrepreneurs who are engaged in founding and running potentially high-growth startups.
"The work of the StartUp America Partnership will serve as a conduit for women entrepreneurs and how our respective networks, contacts and the work our groups already do will help promote it and provide resources for it,” said Stewart.
Recognizing the growing trend of women-owned businesses in the U.S., with over 7.8 million women-owned businesses, generating $1.2 trillion in receipts annually, the Working Group will seek to have a significant number of women entrepreneurs as members and will focus on identifying the challenges and barriers that face women entrepreneurs, formulating solutions to those challenges and barriers, and developing a plan of action and outreach, including best practices, to identify, engage and assist women entrepreneurs through meaningful engagement with the private sector.
Stewart has been successfully advising wealthy individuals, families and businesses for more than 25 years. Besides CMA, she is President of Grant-Wise, Inc., a grant research, writing and management firm. Both companies are headquartered in Sarasota, FL and serve international client bases. For more information, contact Stewart at firstname.lastname@example.org.