Financial Women’s Association

What Financial Women’s Association does

The Financial Women's Association (FWA) is a 501(c)(3) non-profit professional association founded in 1956 by eight women on Wall Street who were denied membership in an existing professional body. Headquartered at 580 Fifth Avenue in New York with a small core staff of 1-10, FWA serves a community of more than 800 members worldwide, primarily women working across the financial services industry, alongside corporate partners, students, and male allies. Its mission is to advance women in finance through education, mentorship, scholarships, networking, and advocacy, anchored by a portfolio of programs including the Pacesetter leadership development program, Member2Member mentoring, the Wall Street Exchange summer internship program, and Next Gen Education Programs at Baruch College, Seton Hall University, and the High School of Economics & Finance. Since first awarding scholarships in 1983, FWA has distributed over $830,000 across 150+ scholarships, and its one-on-one mentoring model has been recognized by Harvard University as exemplary.

FWA's business model combines individual membership subscriptions across three tiers ($295 Full, $150 Associate, $50 Student per year), an enterprise corporate sponsorship program called the President's Circle at $25,000 annually, donations and planned giving through its Educational Fund, and event-based revenue from signature gatherings including the Annual Summit, Annual Awards Ceremony, Holiday Benefit, and a long-running International Business Conference series that has visited 30+ countries over 40+ years. Technology infrastructure is operational rather than differentiating: a public website (fwa.org), a secure member portal (secure.fwa.org), an event registration system, and a Career Center job board (jobs.fwa.org). Named corporate partners include BMO Capital Markets, Deloitte LLP, MUFG, S&P Global, AWS, Sumitomo Mitsui Banking Corporation, and Broadridge, alongside alliances with Financial Women of San Francisco, The Leaderboard, and The International Alliance for Women. Geographic reach extends through regional committees in Florida, Long Island, New Jersey, and Westchester/Connecticut.

Name

Financial Women’s Association

Legal name

FWA of New York, Inc.

Website

https://fwa.org

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

51–100 employees

Short description

The Financial Women's Association is a 501(c)(3) non-profit founded in 1956 that advances women in finance through membership programs, scholarships, mentoring, and signature events for an 800+ member community and corporate partners.

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Professional Organizations (81392), Professional Organizations (813920), Business, Professional, Labor, Political, and Similar Organizations (8139), Grantmaking Foundations (813211)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

akta.pro secondary industries

Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Corporate & Employer-Sponsored Scholarships (EDAIAOAI), Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA), Corporate & Foundation Relations (Sponsorships, Grants, Partnerships) (EDALAOAE), Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Professional association services
• Women in finance
• Executive mentoring programs
• Corporate sponsorship programs
• Professional development events

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Individual Membership Dues: Annual membership fees from Full Members ($295/year), Associate Members ($150/year), and Student Members ($50/year). This represents recurring subscription revenue from individuals in the financial services industry seeking professional development, networking, and mentorship benefits.
2. President's Circle Corporate Sponsorship: Corporate sponsorship program at $25,000 annually with flexibility to combine cash and in-kind contributions. Provides organizations with development opportunities for female professionals, external visibility as diversity advocates, access to President's Circle Breakfasts, and recruiting pipeline access through FWA educational programs.
3. Donations and Charitable Contributions: Tax-deductible donations from individuals and organizations supporting FWA's mission to advance women in finance. Includes planned giving options, IRA contributions, stock donations, and matching gift programs. 501(c)(3) organization with EIN 13-3092258.
4. Event Registration Fees: Revenue from signature events including the Annual Summit, Annual Awards Ceremony, Holiday Benefit, International Business Conferences, and other programming events. Some events offer free or discounted admission to members with non-member pricing at premium rates.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

The Financial Women's Association is a nonprofit professional membership organization that sells individual memberships ($50–$295/year) and corporate President's Circle sponsorships ($25,000/year) bundled with access to mentoring programs (Member2Member, Baruch College, Seton Hall, High School of Economics & Finance), leadership development curricula (Pacesetter, Back2Business), scholarships (FWA Scholars, over $830,000 awarded since 1983), the Career Center job board, and signature events including the Annual Summit, Annual Awards Ceremony, Holiday Benefit, and International Business Conferences.

Product overview

The Financial Women’s Association operates as a professional membership organization offering a comprehensive portfolio of programs and services designed to advance women in finance. The organization’s core offerings include professional development programs (Pacesetter Program, Member2Member Mentoring), educational initiatives (Wall Street Exchange career development, Next Gen Education Programs including Financial Backpack and mentoring at Baruch College, Seton Hall, and High School of Economics & Finance), the FWA Scholars scholarship program, Graduate School Partnership, and FWA Career Center job board. Signature events include the Annual Summit, Annual Awards Ceremony, Holiday Benefit, and International Business Conference. Membership tiers provide access to networking, mentorship, and professional development resources. The organization functions as a platform connecting dynamic female financial professionals with development, empowerment, and leadership growth opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

• Membership Programs Three-tier individual membership offering for women in finance: Full Membership ($295/year) for leaders, executives, managers, and entrepreneurs with 4+ years of post-college experience; Associate Membership ($150/year) for out-of-state/virtual access, retired members, or those with 2-4 years of experience; and Student Membership ($50/year) for college students and recent graduates. Includes access to the member directory, events, and program benefits.
• President's Circle Corporate Sponsorship Annual $25,000 corporate sponsorship program providing financial services firms with female-talent development, recruiting pipeline access, President's Circle Breakfasts, diversity advocacy visibility, and website prominence. Includes flexibility for cash plus in-kind contributions.

Quantifiable outcome

• Over 150 scholarships totaling over $830,000 awarded to women in finance
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

23 partnerships are on record, tiered core, minor and flagship.

• Financial Women of San Francisco (FWSF)coreStrategic or Co-development PartnerFormerly known as 'The Financial Women's Association of San Francisco,' FWSF advances the success of women in finance in the Bay Area. Essential source of insight and inspiration to more than 300 financial women throughout the Bay Area.
• The LeaderboardcoreStrategic or Co-development PartnerFounded in 2004 with educational and best-practice focus to assist women in preparing for board service. National alliance of women's executive networks dedicated to supporting boardroom and corporate excellence.
• New York Women in Business (NYWIB)minorStrategic or Co-development PartnerCoalition of organizations committed to supporting women's business initiatives including SCORE NYC, We NYC, NAWBO NYC, What Now What Next, NY Women in Communications, and Townsquared. Offers supportive community for learning and cross-fertilization of ideas.
• The International Alliance for Women (TIAW)minorStrategic or Co-development PartnerMission to connect leading women's organizations worldwide to leverage reach and resources, creating a global community of economically empowered women.
• BMO Capital MarketsflagshipChannel Partner/ Reseller/ DistributorPresident's Circle member with BMO Equity Through Education program providing transformative funding for Baruch College scholarships, study abroad support, and student stipends since 2005. CEO Dan Barclay recognized as Male Ally of the Year 2023.
• Deloitte LLPflagshipChannel Partner/ Reseller/ DistributorPresident's Circle member. CEO Joe Echevarria stated commitment to advancing women into leadership roles. Longstanding relationship helping Deloitte continuously raise standards for diversity.
• MUFG (Mitsubishi UFJ Financial Group)flagshipChannel Partner/ Reseller/ DistributorPresident's Circle member. MUFG funds Seton Hall University mentoring program scholarships and financial support for mentoring program operations since 2016, enabling increased programming for mentees.
• S&P GlobalflagshipChannel Partner/ Reseller/ DistributorPresident's Circle member with assigned relationship manager from FWA leadership supporting account management and partnership activities.
• Amazon Web Services (AWS)flagshipChannel Partner/ Reseller/ DistributorPresident's Circle member partnering with FWA on 'Building the Future' invitation-only AI leadership forum for senior women overseeing engineering organizations and AI strategy decisions.
• Sumitomo Mitsui Banking Corporation (SMBC)flagshipChannel Partner/ Reseller/ DistributorPresident's Circle member with assigned relationship manager Laura Smith Dunaief for account management.
• Broadridge Financial SolutionsminorChannel Partner/ Reseller/ DistributorPresident's Circle member with assigned relationship manager for partnership activities. Hosted Wall Street Exchange program participants.
• DSM Capital PartnersminorChannel Partner/ Reseller/ DistributorFriends of the FWA sponsor and hosting partner for inaugural FWA Florida in-person event in Palm Beach Gardens celebrating Women's History Month and International Women's Day.
• Joele Frank, Wilkinson Brimmer KatcherminorChannel Partner/ Reseller/ DistributorFriends of the FWA sponsor.
• n-Tier Financial ServicesminorChannel Partner/ Reseller/ DistributorFriends of the FWA sponsor.
• Republic Capital GroupminorChannel Partner/ Reseller/ DistributorFriends of the FWA sponsor.
• Akin (Law Firm)minorStrategic or Co-development PartnerHosted 2026 Global Capital and Leadership Forum in-person morning program in New York following pivot from cancelled UAE International Business Conference.
• UAE Consulate in New YorkminorStrategic or Co-development PartnerPartnership with UAE Consulate for hospitality at 2026 Global Capital and Leadership Forum. Her Excellency Amna Almheiri, Consul General of UAE in New York, closed the forum.
• ABANA.cominorStrategic or Co-development PartnerPartnership with ABANA.co for 2026 Global Capital and Leadership Forum hosting in partnership with Akin.
• Baruch College (CUNY)flagshipStrategic or Co-development PartnerSince 2001, FWA mentoring program at Baruch College has supported over 400 graduates many now at NYC's major financial and accounting firms. BMO Capital Markets provides scholarship funding through Equity Through Education program.
• Seton Hall UniversitycoreStrategic or Co-development PartnerSince 2015, FWA mentoring program at Seton Hall University's Stillman School of Business supports women seeking career opportunities in finance and business. MUFG-funded scholarships available for mentees. Over 200 mentees, 150+ mentors, over 50 scholarships.
• High School of Economics & FinancecoreStrategic or Co-development PartnerSince 2015 (formerly Murry Bergtraum High School), FWA high school mentoring program provides one-on-one mentoring, college search support, financial aid workshops, and overnight college visits. 100% of students graduate and attend college.
• Grace InstituteminorStrategic or Co-development PartnerNonprofit training organization partnering with FWA's adult financial literacy program to assist adult women in training for entry-level administrative roles.
• Non-Traditional Employment for WomenminorStrategic or Co-development PartnerNonprofit organization partnering with FWA's adult financial literacy program to train adult women for entry into construction trades.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Financial Women of San Francisco (FWSF): Bay Area counterpart with a near-identical mission: advancing women in finance through networking, mentoring, scholarships, and educational programming. FWA and FWSF maintain a mutual strategic alliance, making them the most directly comparable peer.
• Ellevate Network (formerly 85 Broads): Large global membership community for professional women, with significant financial-services member overlap. Competes for the same individual membership and corporate sponsorship dollars, but with a broader cross-industry positioning.
• 100 Women in Finance: Global nonprofit dedicated to advancing women in the finance and alternatives industries through education, peer engagement, and philanthropy. Closest direct competitor in mission, member demographic, and event-based operating model.
• Women's Bond Club of New York: Historic NYC-based nonprofit dedicated to the professional advancement of women in fixed income and finance. Directly comparable in target market, scholarships, mentoring programs, and corporate partnership revenue model.
• The International Alliance for Women (TIAW): Global alliance of women's business organizations advancing women's economic empowerment. FWA is an alliance partner; TIAW operates the cross-organization convening function that complements FWA's national programming.
• New York Women in Business (NYWIB): Coalition of NYC women's business organizations supporting women's entrepreneurship and professional advancement. FWA is an NYWIB alliance partner; comparable as a regional convening and cross-promotion platform.

Broad incumbents

• Catalyst: Established global nonprofit focused on workplace inclusion and gender equity, with deep corporate partnerships across financial services. A broader incumbent that overlaps on the corporate-sponsorship and research side rather than individual membership.

Emerging players

• Forte Foundation: Nonprofit consortium focused on launching women into business leadership, with strong representation in finance MBA pipelines. Comparable on the scholarships, mentoring, and graduate-talent-development side, but with a broader cross-industry remit.
• Girls Inc. National nonprofit inspiring and mentoring girls to be strong, smart, and bold, with strong financial literacy and college-readiness programming. Comparable on the youth financial-literacy and high-school mentoring side (FWA Financial Backpack).
• The Boardroom Connection: Organization focused on preparing and placing women on corporate boards, with overlap on The Leaderboard (an FWA alliance partner) and the broader board-readiness mission that FWA pursues through its Directorships committee.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FWANY
• Facebookfacebook.com/fwany1956

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Financial Women’s Association