Center for Women & Wealth

Supporting women as they create and manage wealth

The Center for Women and Wealth® (CW&W) is committed to engaging and supporting women as they create and manage wealth. We provide women with investment, planning and philanthropic resources derived from decades of experience through work with our Private Banking clients. The CW&W aims to cultivate a community, in person and online, where women can share experiences with each other and give advice to new generations of female leaders.

Women & Wealth Magazine Winter Issue 2021

In this issue of Women & Wealth Magazine, we kick off the new year with a focus on wellness, which is particularly important in the time of COVID-19 and all of its many implications for our daily lives.

Our Latest Insights

  • Business woman holding telescope standing on red up arrow to go up in  career.

    The Future of Women, Wealth and Work: Insights from a Conversation with Anne-Marie Slaughter and Juliette Kayyem

  • Colorful circles featuring historical woman in finance

    Female Finance Firsts

  • Women & Wealth Magazine Winter Issue 2021

    Women & Wealth Magazine Winter Issue 2021

  • Victoria Mars with blue abstract background behind her.

    Finding Your Work-Life Sweet Spot: A Conversation with Victoria Mars, First Corporate Ombudsman and Former Chairman of Mars

  • Dr. Jeffrey Borenstein sittin in his office with view of a city through the window

    Minding Your Mental Health: Dr. Jeffrey Borenstein, President and CEO of Brain & Behavior Research Foundation, on Dealing with Pandemic Stress

  • Person putting a coin into a donation box.

    Beyond the Tax Benefit: Four Reasons People Give to Charity


Infographic:

Mental Health and Wellness in the Time of COVID-19

The Strain of 2020

·         41% of U.S. adults struggled with mental health or substance use, resulting in:

o    31% anxiety/depression

o    26% trauma/stressor-related disorder

o    13% new or increased substance use

·         Year-over-year increase in children's portion of mental health-related emergency department visits:

o    24% ages 5-11; 31% ages 12-17

·         53% of U.S. adults suffered from worry and stress over COVID-19, resulting in:

o    Difficulty sleeping (36%)

o    Difficulty eating (32%)

o    Worsening of chronic conditions (12%)

·         55% of U.S. adults facing financial difficulties have displayed clinical signs of anxiety and/or depression

·         Texts to the Substance Abuse and Mental Health Services Administration’s hotline: 1,790 in April 2019 vs. 20,000 in June 2020

·         Since COVID-19:

o    46% of women and 36% of men reported symptoms of anxiety or depressive disorder

o    53% of women and 37% of men say that worry or stress related to COVID-19 has negatively impacted their mental health

 

Hope on the Horizon

·         80% of U.S. adults intend to be more mindful about regular self-care practices after the pandemic[1]

o    Since COVID-19’s onset:

§   35% have practiced more creative activities

§   31% have prayed more or engaged in more meaningful conversations with family and friends

§   25% have increased time spent outdoors or healthy food consumption

·         Consumers who use livestream workouts:

o    7% in 2019; 80% since COVID-19

·         43% expect to combine their previous routines and pre-recorded videos/live streams post-COVID-19

·         In the wake of the pandemic:

o    89% expect to spend the same or more on fitness post-lockdown restrictions

o    54% care more about the healthfulness of their food vs. in 2010

o    51% say their companies have added new mental health services

 

Source: Czeisler, Mark E., Rashon I. Lane, Emiko Petrosky, et al. “Mental Health, Substance Use, and Suicidal Ideation During the COVID-19 Pandemic - United States, June 24–30, 2020.” Centers for Disease Control and Prevention, 13 Aug. 2020, www.cdc.gov/mmwr/volumes/69/wr/mm6932a1.htm. Basu, Mihika. “Covid-19 Stress Causes Spike in Mental Health-Related Visits to Emergency Departments among US Children: CDC.” MEAWW, 18 Nov. 2020, meaww.com/covid-19-stress-spike-mental-health-related-visits-emergency-us-children-cdc. Panchal, Nirmita, Rabah Kamal, Kendal Orgera, et al. “The Implications of COVID-19 for Mental Health and Substance Use.” Kaiser Family Foundation, 21 Aug. 2020, www.k­.org/coronavirus-covid-19/issue-brief/the-implications-of-covid-19-for-mental-health-and-substance-use/. “Mental Health - Household Pulse Survey - COVID-19.” Centers for Disease Control and Prevention, 2 Dec. 2020, www.cdc.gov/nchs/covid19/pulse/mental-health.htm. Hamel, Liz, and Alina Salganico­. “Is There a Widening Gender Gap in Coronavirus Stress?” Kaiser Family Foundation, 7 Apr. 2020, www.k­.org/policy-watch/is-there-widening-gender-gap-in-coronavirus-stress/. Beheshti, Naz. “10 Eye-Opening Statistics On The Mental Health Impact Of The Coronavirus Pandemic.” Forbes, Forbes Magazine, 28 May 2020, www.forbes.com/sites/nazbeheshti/2020/05/28/10-eye-opening-statistics-on-the-mental-health-impact-of-the-coronavirus-pandemic/. Gramigna, Joe. “80% Of Americans Intend to Regularly Practice Self-Care after COVID-19 Pandemic.” Healio, 12 June 2020, www.healio.com/news/psychiatry/20200612/80-of-americans-intend-to-regularly-practice-selfcare-after-covid19-pandemic. Lempert, Phil. “Food Trends Forecast 2021: Being Healthy In A Post Covid-19 World.” Forbes, Forbes Magazine, 21 Oct. 2020, www.forbes.com/sites/phillempert/2020/10/19/food-trends-2021-staying-healthy-in-a-post-covid-19-world/. McAlister, Lauren. “Here's How COVID-19 Has Changed Fitness.” Mindbody, 2020, www.mindbodyonline.com/business/education/blog/heres-how-covid-19-has-changed-‑tness. Stahl, Ashley. “What The Future Of Work Means For Our Mental Health.” Forbes, Forbes Magazine, 7 Oct. 2020, www.forbes.com/sites/ashleystahl/2020/10/09/what-the-future-of-work-means-for-our-mental-health/.

 

 

Past Issues of Women & Wealth Magazine

  • Women & Wealth Magazine Winter Issue 2021

    Women & Wealth Magazine Winter Issue 2021

  • Women & Wealth Magazine Fall Issue 2020

    Women & Wealth Magazine Fall Issue 2020

  • Women & Wealth Magazine Winter Issue 2021

    Women & Wealth Magazine Spring Issue 2020

  • Tiffani Faison with a plate of food and a glass of wine in front of her

    Women & Wealth Magazine Winter Issue 2020

  • BBH Women & Wealth magazine cover featuring Lauren Hutton

    Women & Wealth Magazine Fall Issue 2019

  • Full cover of the winter 2019 issue of Women and Wealth Magazine

    Women & Wealth Magazine Winter Issue 2019

Partnerships

New America: Better Life Lab

The Better Life Lab, an initiative from the think tank and civic enterprise New America, is a leader in the national conversation surrounding the evolution of gender roles and norms, family policy and how we work and live. They are policy entrepreneurs finding outside-the-box solutions to public problems and using research, data and reporting to inform their work and tell the stories that motivate, edify and engender change.

Women’s Philanthropy Institute

The Women’s Philanthropy Institute (WPI) is part of the Indiana University Lilly Family School of Philanthropy. WPI increases understanding of women’s philanthropy through rigorous research and education, interpreting and sharing these insights broadly to improve philanthropy.

If you would like to be more involved with the CW&W, contact us at CW&W@bbh.com.

 

Contact Us

This communication is for informational purposes only.  The information herein has not been based on a consideration of any individual investor’s circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal or regulatory advice.  Individuals should consult their personal tax, accounting and legal advisers regarding any potential investment or strategy.  Any views and opinions are subject to change at any time.

This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized to do so.

 

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