Jodi recalls the day she put on a suit to return to work and her son asked, “Where are you going?”
In 2008, she had sold her first company six years after it launched—a provider of biometrics, communications, operational intelligence and engineering services to the government. After taking time off to spend with her family, she launched her second business in 2012. She leveraged her background in the Army to support the Department of Defense and the intelligence community with informational technology services and enterprise architecture solutions.
With her son clearly unfamiliar with the sight of his mother at work, Jodi said, “I wanted him to understand how important it is to have a work ethic and how good it feels when you contribute.”
Moreover, educating her sons about their wealth became a pressing need, especially as they grew into adulthood. “My oldest two boys are over 18, so we’ve given them a little bit of money of their own to help them develop good financial management skills,” she said. “It’s important to us to help them build the muscles and the experience to become good citizens.”
Jodi, who has a long-term relationship with her private wealth advisor (PWA), encouraged her sons to ask questions and have independent conversations with her PWA. They also participated in the Merrill Private Wealth Management Next Generation Bootcamp. “Going to the bootcamp helped put them in a community to ask questions and hear anecdotes from others,” she said.
Jodi has taken part in various educational sessions and workshops herself. She’s used the resources available to her to strengthen her family’s financial knowledge.