COVID-19 Takes Greater Toll on Women
RockRidge Financial Services President Andrew Levy is featured in Advisors Magazine. From the article:
The U.S. Census Bureau – highly active in 2020 taking the decennial count of the American population – documents a 93 percent increase in new business applications as opposed to 2019 according to what those filling out the census forms are telling census workers via the Business Formation Statistics Report.
Those numbers weren’t broken down by gender, but it wouldn’t surprise Andrew Levy, president of RockRidge Financial Services, LLC, based in Norcross, Georgia, just outside of Atlanta.
“Absolutely,” he said when asked if he thought the pandemic might result in attracting more women to become entrepreneurs. “I know that COVID-19 has resulted in many women to become entrepreneurs.”
Since late spring 2020 when “stay-at-home orders” locked down much of the country, Levy said his firm has seen an increase in women asking for advice on how to start their own business. He estimates that 30 percent of his firm’s new clients in 2020 are women seeking financial guidance as they take their first big steps in starting their own business.
I know that COVID-19 has resulted in many women to become entrepreneurs.Andrew Levy, president of RockRidge Financial Services, LLC