Top 'eight senior Black women in asset management.'
On a pivotal time in her career that made her feel empowered in her role:
My husband passed during COVID. He was diagnosed with renal cancer last April and died in June 2020. The tax of failure for people of color and women is so much higher. I've heard someone say,"I've invested in a woman-run fund and it failed, so I won't do that again." And my answer to that is, that has probably happened on a male-run fund and you didn't do that. Williams is the CEO, CIO, and founder of Xponance, a Philadelphia-based money manager with more than $12 billion under management.
As professionals grow within the organization, one of the things we look at is ownership. What is the process to get ownership? We are always a little wary when ownership is concentrated among one or two people. People want to work at a company where they have a stake in it — and eventually be where they are making decisions.
The second thing is, you have to make sure that you have a disposition that demands respect for who you are, what you bring to the table, what you're trying to do. You may be new and you're building your career, or wherever you are in the career ladder, but you have to go in with confidence that you can do well, that you can succeed, that you can build. And you have to do the work.
Saying yes has been beneficial for me, but it is the exhausting story of having to do more, be more, or accomplish more because you are a Black woman in an industry where, many times, you're the only Black woman in the room.
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