When Norma Yaeger acquired her New York Stock Exchange license in 1962, she didn’t know of any other women in the industry. The Stock Exchange didn’t even allow women to step foot on its floor. But having just escaped poverty in NY’s Catskill Mountains, and determined to support her children, Norma wasn’t going to let the exclusionary traditions of the financial industry stop her from becoming a stockbroker.
During her long career she founded a mutual fund and two security brokerage firms that transacted millions of dollars of trades every day. She made fortunes and folded companies, all while raising five children. Persevering to achieve the work-home balance, Norma rose through the ranks of a male-dominated industry, opening the door for young women who would come up behind her.