Marilyn Holt-Smith and her principles for success
Marilyn Holt-Smith has built a brilliant career in a field long dominated by men. She is a highly respected financial analyst. Her success has been achieved through hard work and professionalism.
Holt-Smith was born and raised in Milwaukee, Wisconsin. Her father was an accountant, and her mother an artist. She did well at school and then went on to the local university. There, she earned a master’s degree in business administration. In the late 1970s, Marilyn left her hometown and moved to Madison. There, she took a job with Madison Investment Advisors.
The powerful financier Frank Burgess became Marilyn’s mentor. Thanks to him, she discovered her business skills and began to develop them. In 1985, Holt-Smith qualified as a financial analyst, a recognised standard in the field.
Over time, Marilyn honed her skills and gained experience. With the necessary foundation in place, she joined forces with Christine Renk. In 1987, the two women formed a company. The firm became the first all-female financial advisory firm in the United States.
The path to success
Holt-Smith went on to lead the firm to the top of the country:
1. Holt-Smith Advisors Inc. competes with the big names in Wall Street finance.
2. The company’s 10-year average return was 8.5% per annum.
3. Marilyn has developed a successful strategy for growing her mid-cap business.
4. The company manages more than US$340 million in assets for 120 clients.
5. Its clients include pension plans, foundations and individuals.
Holt-Smith Company is regularly ranked as a successful business. Marilyn herself is actively involved in the development of the industry. She supports women who want to start their businesses.
According to Holt-Smith, she has always loved business. Thanks to her mentor, Burgess, she was able to develop in that direction. Getting an MBA was an important step on the road to becoming an entrepreneur.
Features of the strategy
At first, Marilyn faced stereotypes and prejudice in the industry. However, after several years of successful work, she was able to prove her professionalism.
The Holt-Smith Company uses the following strategy:
1. The minimum investment is US$250,000.
2. The company takes a commission of 1% or more. The amount varies based on the size of the investment.
3. The company develops an individual strategy for each client.
4. In this case, the company acts as a trustee for the client and receives a fee for its services.
5. The higher the client’s profit, the higher the commission the firm receives.
Holt-Smith Advisors Inc. strives to provide the best possible working conditions for its clients. The success of the company is directly related to its client profits. This contributes to the confidence of investors and the stability of the relationship with them.
