# Sallie Krawcheck

> Sallie Krawcheck is an American financial executive, author and Ellevest co-founder who built a women-focused investing business after leading wealth management businesses at Citi and Bank of America. She is Ellevest’s former CEO and a director of Duolingo, BioCatch and SRS Acquiom.

- **Role:** Co-Founder and former CEO at Ellevest; Independent Director at Duolingo
- **Organizations:** Ellevest, Duolingo, BioCatch, SRS Acquiom, Citigroup, Smith Barney, Bank of America, Merrill Lynch Wealth Management, Sanford C. Bernstein, Ellevate Network
- **From:** New Orleans, United States
- **Nationality:** American
- **Education:** B.A. in Journalism, University of North Carolina at Chapel Hill, MBA, Columbia Business School
- **Known for:** Led Sanford C. Bernstein, Smith Barney and Merrill Lynch Wealth Management; served as Citigroup CFO., Co-founded Ellevest, which reached $2.4 billion in client assets under management during her leadership., Published Own It: The Power of Women at Work in 2017, a Wall Street Journal and Washington Post bestseller.

## Career timeline

- **1992** — Earns an MBA at Columbia Business School.
- **2002** — Moves from leadership at Sanford C. Bernstein to CEO of Smith Barney at Citi.
- **2004** — Becomes Citigroup CFO and head of strategy.
- **2007** — Takes charge of Citi’s wealth management business.
- **2008** — Leaves Citi after a dispute she has linked to reimbursing clients for investment losses.
- **2009** — Joins Bank of America as president of Global Wealth and Investment Management.
- **2011** — Leaves Bank of America in a management reorganization.
- **2013** — Acquires women’s professional network 85 Broads.
- **2014** — Rebrands 85 Broads as Ellevate; co-founds Ellevest with Charlie Kroll.
- **2016** — Ellevest launches its digital investing platform.
- **2017** — Publishes Own It: The Power of Women at Work.
- **2022** — Ellevest raises a $53 million Series B; Allyson McDonald acquires Ellevate later that year.
- **2024** — Transitions from Ellevest CEO to a board role in December.
- **2026** — Joins Duolingo’s board and Audit, Risk and Compliance Committee in August.

## Achievements

- Led Sanford C. Bernstein, Smith Barney and Merrill Lynch Wealth Management; served as Citigroup CFO.
- Co-founded Ellevest, which reached $2.4 billion in client assets under management during her leadership.
- Published Own It: The Power of Women at Work in 2017, a Wall Street Journal and Washington Post bestseller.
- Joined Duolingo’s board in August 2026.

## Latest updates

- **2026-08** — Appointed independent director of Duolingo, serving on its Audit, Risk and Compliance Committee, effective August 10.
- **2025-02** — Betterment announced its acquisition of Ellevest’s automated investing business; Ellevest retained its wealth management and financial planning business.
- **2024-12** — Stepped aside as Ellevest CEO and transitioned to a board role; Sylvia Kwan and Connie Hsiung became co-CEOs.

## Links

- Website: https://www.ellevest.com/
- LinkedIn: https://www.linkedin.com/in/salliekrawcheck/
- Twitter/X: https://twitter.com/SallieKrawcheck
- Instagram: https://www.instagram.com/sallie.krawcheck/

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Profile page: https://yespress.io/sallie-krawcheck
Published by YesPress — https://yespress.io
Last updated: 2026-10-12