Candace Bahr: InvestmentNews “Women To Watch”

WIFE.org and Second Saturday co-founder honored by InvestmentNews

Candace Bahr, InvestmentNews Women to WatchCandace Bahr, owner of Bahr Investment Group, an LPL Financial-affiliated firm in Carlsbad, Calif., has made a profound impact over her 35-year career not only on her clients, but also on thousands of women across the U.S.

About 26 years ago, some of her divorced and widowed clients approached her asking about a resource for financial education. Ms. Bahr, looking for a place that was non-commercial and safe, found none and, with co-founder and financial planner Ginita Wall, decided to create the Women’s Institute for Financial Education.

The all-volunteer institute is a 501(c)3 dedicated to women’s financial independence. Its services include a website; free monthly newsletters; occasional lectures and seminars; and nationwide money clubs, which follow a financial education curriculum and provide emotional support.

In addition, WIFE offers its flagship program, Second Saturday, geared toward women contemplating divorce or in the early stages of one. The program includes an attorney, a therapist and a financial adviser, all volunteers, who educate and answer questions.

Camdace BahrThere have been about 10,000 participants over the last 26 years.

Second Saturday now is being rolled out nationally. The program is currently in 110 territories across the U.S., each managed by a workshop leader, usually a financial adviser. The leader pays a fee to WIFE for ongoing support and resources, such as a comprehensive instruction guide that covers marketing, curriculum, volunteer recruitment and follow-up activities.

“I wanted to create a legacy,” Ms. Bahr said. “The institute has given me a sense of purpose and the drive to stay in this business. It’s a way to give back on a deep level.”

— Deborah Nason

This Article originally appeared in InvestmentNews

Comments

  1. Marcy Cifra says:

    I got divorced last year after a 37 year marriage I was only awarded $200 spousal support and $960 which is half of his pension I live in low income housing and I’m disabled with multiple sclerosis I get five Hundred dollars Social Security I have a very hard time managing things money specially my daughter does most of it for me I want to put half of his pension somewhere where it can’t be touched by the Housing Authority I live in my daughter doesn’t want me to put it in her account because it would put her income up and mess her up with tax do you have any idea what kind of a trust account I might be able to set up so that I don’t have to reported as income

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