Episode 271: Marguerita (Rita) Cheng of Blue Ocean Global Wealth: Happy Hours and Quiet Power

Marguerita (Rita) Cheng is CEO of Blue Ocean Global Wealth, based in the Washington DC area, as well as being a Founding Member of Kiplinger Advisor Collective and The Authentic Asian. 

A keen runner, she was co-founder of 261 Fearless Incl, a global non-profit organization that uses running as a vehicle to empower and unit women, as well as Girls on the Run, where she is a Soulmate. She is a podcast host – of Margaritas with Marguerita, where she shares financial literacy and financial planning advice.

This is the second of two dynamic podcasts in this series featuring leading female voices in financial planning today – the other is Cary Carbonaro https://www.fiftyfaceshub.com/266-cary-carbonaro-wealth-planner-and-advocate-preparing-for-the-future-of-women-in-wealth-management/

In this rich conversation we start with discussing Marguerita’s calling as a financial planner – the fact that she didn’t seem to be a natural fit to some, but how her quiet energy, warmth and commitment to connecting people proved to be the secret sauce in building a successful practice. We move then to cover some shifts in the world of financial planning – how women are making their mark and how certain transformations are taking place – such as around tailoring, life coaching and generally adapting the practice to reflect life’s needs.

This episode is supported by PIMCO, a global leader in active fixed income with deep expertise across public and private markets. PIMCO invests their clients’ capital in income and credit opportunities that span the liquidity spectrum, leveraging their decades of experience navigating complex debt markets. Their flexible capital base and deep relationships with issuers have helped them become one of the world’s largest providers of traditional and alternative investment solutions and a valued financing partner. Visit pimco.com to learn more.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world.