April 9, 2014 | Lehman College
Myrna M. Rivera, Lehman alumna, chair of the Lehman College Foundation’s board of directors, and founder and board chair of Consultiva Internacional, Inc., was named to WealthManagement.com’s Top Ten Women-Owned RIAs (registered investment adviser) list.
Ms. Rivera has served on the Lehman College Foundation’s board of directors for eight years, and as chair since 2012. She also previously chaired its Investment Committee. The Foundation raises, invests, and distributes private funds for scholarships, faculty support, and other educational needs of Lehman College. In recent years, hundreds of Lehman students have received more than $1 million in scholarships made possible by contributions to the Foundation.
Ms. Rivera earned her master’s in mathematics from Lehman in 1975 and received the College’s 2006 Alumni Achievement Award. A former director and senior vice president of the Consulting Group at Smith Barney and a John Ellis, Jr. Excellence Award recipient for dedication and service in this field, Ms. Rivera founded Consultiva Internacional, Inc. an employee-owned investment management consulting firm, in 1999.
Women are still a minority in financial services, despite the industry’s efforts to address the gender imbalance. Female advisors make up between 10 and 30 percent of the advisory workforce, according to data collected by Cerulli Associates and the Bureau of Labor Statistics. The women on WealthManagement.com’s Top 25 Woman-Owned RIAs list are more than just advisors, of course. They are entrepreneurs, owning at least 25 percent of some of the largest RIAs around. – WealthManagement.com
Along with other pioneers of the early 1980s, Ms. Rivera contributed to developing standard investment practices for endowments and foundations, pension funds, insurance companies, credit unions, individuals, and families. In addition to the John Ellis, Jr. Excellence Award, she has been honored with the Joyce Johnson Award of the National Association of Securities Professionals (NASP) for contributions to the advancement of women and minorities in financial services; the Highest Leaf Award from the Women’s Venture Fund of New York for entrepreneurial excellence; and inclusion by Hispanic Business Magazine as one of the “Top 100 Influential Hispanics.”
Ms. Rivera also is a founding member of the Comisión de Ciudadanos al Rescate de Caimito, a community-based organization in San Juan devoted to community education and conservation, and a board member of NASP, a trade organization dedicated to the advancement of women and minorities in financial services.
President Ricardo R. Fernández, Myrna Rivera, and 2012 Corporate Leadership Awardee Peter M. Meyer, President of TD Bank, New York Region