It all started with my mom
In 1985, she and my dad divorced and she took over managing the family finances just as I went off to UC Berkeley. It was a chaotic time that included urgent calls so I could complete the paperwork necessary to maintain my financial aid.
For Mom, it was an uncertain time of stepping into her power after 20 years of relying on my accountant dad to handle the finances. It required learning new skills, taking on new responsibilities and occasionally asking others for help – a particularly difficult thing for my proud mother.
Looking back, it was a pivotal moment. I wanted to help my Mom and women like her. I minored in business and launched myself into the world of numbers.
From accountant to financial planner
After college, I worked as an accountant. In my last accounting job, I worked in the estate-planning department of a law firm with millionaire clients preparing estate and gift tax returns. There I was introduced to investment clubs, stock portfolios, stock options, retirement accounts and other ways the wealthy build and protect their assets.
Seeing but not part of their success, made me say to myself “I want that”. But the transition from accountant to financial planner was not straight. I had to recover from past financial missteps of living beyond my means and that took a while. And I had to develop new habits and learn to manage my money more responsibly.
As I developed my new financial habits, I grew so interested in the financial planning profession that I changed careers. So in addition to learning more about the investment field, I learned about building a business. I learned copywriting, podcasting, the importance of accountability and ways to attract new clients.
How are you different from the financial planner down the street?
I work exclusively with professional and business owner women. I show them how to handle their money using only five circles. Through FC Mastery, they gain an understanding that a bigger paycheck (more income) is not the same as being wealthy. Only wealth can be passed on. My goal is a new generation of women who live what they’ve learned and go back and transform their communities.
In addition, I am a CERTIFED FINANCIAL PLANNERTM . My professional standards along with my natural inclination means I put my clients needs ahead of my own.
Why focus on women?
According to the National Center for Women and Retirement Research, “80-90% of women will be solely responsible for their finances at some point in their lives.”1 However, “fewer than 2 in 10 women feel “very prepared” to make wise financial decisions”2. This scares me.
I’ve lived long enough that I’ve seen a woman I know devastated by divorce, job loss, health crisis or the death of a partner. It often leaves them scared and feeling powerless. I help women go from feeling powerless to safe, secure and ultimately in control of their destiny.
Today, I am building a community of women who are committed to taking control of their finances and building their wealth. Won’t you join us?
Understanding how money works doesn’t have to be a solitary pursuit. You don’t have to go it alone. Reach out for a no cost consultation . I have Limited Availability.
Thanks in advance.
Felicia Gopaul, CFP®
P.S. Outside My Passion For Financial Planning & Empowerment for Motivated Women, I’m crazy About My Daughters, Husband, Travel and adorable dog Cheesecake.
1. Financial Experience & Behaviors Among Women 2010-2011
2. National Center for Women and Retirement Research