Neha Patil (Editor)

Norma Yaeger

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Nationality
  
American

Years active
  
1962–present

Born
  
5 May 1930 (age 86) (
1930-05-05
)
Brooklyn, NY, United States

Occupation
  
Stockbroker, Author, Activist,Entrepreneur

Norma yaeger fought for equal pay for women and got it every way woman talk show


Norma Hason Nahmias Yaeger was born in 1930 in New York City. She is an entrepreneur, stockbroker, business pioneer, and published author. In 1962, she became the first woman to enroll in Hornblower & Weeks, Inc. training program for stockbrokers. She is the first woman who demanded, and got, the right to join her male trainees on the floor of the New York Stock Exchange. The Stock Exchange did not previously allow women to set foot on its floor. Norma Nahmias was the only woman invited to be on Hornblower & Weeks’ Management Advisory Board. She registered with the Liquidity Fund with the SEC; it was the first Money Market Mutual Fund in California. Norma Yaeger registered and opened a full-service stockbrokerage firm, Yaeger Securities, Inc., in 1981. When the Affirmative Action Bill AB-1933 passed in 1989, she started a second brokerage firm, Yaeger Capital Markets, which she opened in 1991. Her numerous licenses include the New York Stock Exchange (NYSE), National Association of Security Dealers (NASD), Chicago Board of Options, and the Commodity Exchange. She spends a lot of her time giving lectures to empower and encourage women. Breaking Down the Walls, the memoir of her years as a Wall Street and business pioneer, is her first book, published in 2014.

Contents

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Studies

Norma Hason studied at the City College of New York, Bernard Baruch’s College of Business and at The New York Institute of Finance.

Early life

Norma Hason was born and raised in Brooklyn, NY, and is of Sephardic Jewish descent. She married her high school sweetheart, Sam Nahmias, with whom she has three children. Her husband moved the family into a house in the Catskill Mountains of New York, and when her husband lost his job, they returned to NYC. It was necessary for Norma to be the one working in their family. At that time, Norma started to imagine her life differently. She wanted to provide for her family and started to dream of a life in which she could be financially independent of her spouse; she dreamed of becoming a stockbroker.

Career

In 1962, Norma Nahmias (marital last name), became the first woman to enroll in Hornblower & Weeks, Inc.’s training program for stockbrokers. As a trainee, she demanded and got equal pay for equal work. She also demanded and got the right to join her male trainees on the floor of the New York Stock Exchange. Also as a Registered Representative of Hornblower & Weeks, she was the only woman on their Management Advisory Board/After a divorce and her remarriage to Lawrence Yaeger, a general surgeon, she moved to Los Angeles, California. To further expand her career, she opened her own firm, Yaeger Securities, in 1981. She also registered the first Money Market Mutual Fund in California, The Liquidity Fund.

When the Affirmative Action Bill passed in 1989, she started a second brokerage firm, Yaeger Capital Markets, in 1991, to service government Pension Plans. Already at the time, her licenses included the New York Stock Exchange(NYSE), National Association of Security Dealers (NASD), Chicago Board of Options, and the Commodity Exchange.

With the sale of her brokerage firm in 1998, she retired and spent time traveling the world with her husband, Larry. She also gave lectures throughout the United States of America to share her advice with women on advancing their careers. Her first book, Breaking Down the Walls, a memoir of her remarkable life, was published in 2014 and is now being developed into a feature film. Norma was honored with The United States Congress Award on her retirement. The award was presented to her by Rep. Loretta Sanchez on February 25, 1999.

Personal life

She currently lives in California. She raised five children, three of her own and two of her husband’s. She spends a lot of time with her children and grandchildren. She still follows the stock market with much interest. Norma gives lectures to encourage and inspire women.[10] She loves sports, especially skiing. She loves sports and especially skiing.

References

Norma Yaeger Wikipedia