The millionaire mentor

Janet Hanson 54, founder of 85 Broads, Greenwich, Conn.

By Anne Fisher , Fortune senior writer

(Fortune Magazine) -- For two decades Janet Hanson was a typical Wall Street workaholic. She started her career at Goldman Sachs in 1977 straight out of Columbia Business School, quickly mastered the 18-hour day, and became the first woman promoted to sales management.

Then, after 14 years, she struck out on her own, forming a money-management firm called Milestone Capital. While she loved running her own show, Hanson realized that she deeply missed all the accomplished women and mentors she'd had at Goldman. So she dreamed up 85 Broads - a play on Goldman's Manhattan street address - as an old-girls' network for current and former Goldman bankers.

Once the group started meeting, however, it found a bigger mission: helping young women pursue careers in business. "I wanted to see whether women could help each other and support each other's careers the way men do," she says. "And it's clear that, given the right framework, they can." That framework involves hosting networking seminars on college campuses, introducing people she thinks might pair up nicely as mentor and protg, and putting together special events like a recent fundraiser for a clinic in Lwala, Kenya. The group has evolved beyond Goldman alums to include college undergrads and B-school students, with more than 15,000 members in all. Hanson, who is still chairman of the board at Milestone Capital and a part-time advisor to the president of Lehman Brothers, finances the group's $1.8 million operating budget (including a staff of 12) out of her own pocket. "For me, the thrill is seeing girls who are still in school see their opportunities as limitless. Just gun the engine and go for it."  Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.