Over the past few years, we’ve witnessed some bombshell high-profile divorces — from Bill and Melinda Gates to Jeff Bezos and McKenzie Scott, even Kim and Kanye. But who are the women responsible for guiding America’s wealthiest women through some of life’s choppiest waters? When it comes to divorces worth millions — and especially billions — there is usually a Certified Divorce Financial Analyst involved. Olivia Summerhill is one of the first people wealthy women call to sort out their priorities during a divorce.
Summerhill is a Certified Financial Planner, a Certified Divorce Financial Analyst, a Psychology of Financial Planning Specialist, and founder of The Summerhill Firm, a firm that’s dedicated to helping affluent women maintain their lifestyles and thrive post-divorce.
She says the number one mistake she sees women making is women not knowing their money values before they make big decisions about who gets to keep what… For anyone struggling to figure out their own values, she suggests writing down fifty of your most important, and then whittling that list down to your top five. Summerhill admits that “thinking about yourself in the long term is very challenging,” but paying attention to exactly what you want and why you want it will lead you out of the divorce feeling satisfied and confident with your decisions.
Listen to the episode to hear Summerhill’s best advice for changing our money patterns, why you might want to reconsider keeping the house in the divorce, and the reason why even high-net-worth women have money anxieties.
