Multiple academic studies, along with heaps of personal experiences, have shown that in business settings men not only talk more than women, but also tend to more frequently interrupt their female peers. The reasons that the studies have settled on vary from men using conversation as a tool of dominance to men simply being raised to perceive interruptions differently, but the evidence of men feeling more entitled to voice their opinions is quite clear.

This, of course, is very annoying on a day-to-day basis, but there are larger problems stemming out from it that have a truly negative effect on working women; including the fact that the more someone talks, the more likely their voice will be amplified.

That’s where Women in Business hopes to be a positive force. We hope to amplify the voices that might otherwise be interrupted. That’s why we are proud to continue our tradition of celebrating women-led businesses and organizations with our second annual Fifty Women- Owned Businesses to Follow list.

Inside this issue you will be introduced to 50 women-owned and women-led companies that serve as shining examples of what women can accomplish in business no matter what the industry. Companies and organizations included range from construction firms to advertising to information technology. By including such a large variety, we aim to blur the conceptual line between men and women’s work until people forget it ever existed.

As always, the opportunity for Women in Business to feature such an array of organizations came from our readers, who sent in nominations from communities across our 23-county readership. A few names on the list may be familiar from previous lists such as Top 100, Women Making a Difference or last year’s Fifty to Follow. Many are new additions that we were happy to discover have found such success in Central Pennsylvania.

We hope that the final list represents both large well-established companies and small startups full of potential, while also covering every region of our readership. Readers will see that growing your business is possible in all corners of the commonwealth, whether you are in Altoona, Clairton or Troy.

It is not only our mission to provide a podium for current success stories, but also to support women who have yet to break into the business world. With this in mind, we asked each company selected for some advice that they could pass on to someone else looking to succeed in their industry and hope that their answers demystify the intimidating task of starting and maintaining a business.

With this special edition finalized, Women in Business is moving on to collecting submissions for Women Making a Difference, which will shine a spotlight on the individual women who have taken a leading role in business and in their community. The edition will be published this fall and nomination forms can be found on our website under the “Women Making a Difference” tab. .

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2017-06-16 / Top 50 Women Owned Businesses

Nestlerode & Loy, Inc.

Est. 1937 | State College

Nestlerode & Loy, Inc. is an independent investment advisory firm. The corporation provides investment management, traditional brokerage and retirement planning to individuals, families, small businesses and nonprofit clients locally and throughout the world.

The original firm, Nestlerode & Co., Inc., was founded in 1937 in Williamsport by Arthur Nestlerode. His son, Daniel Nestlerode, joined the firm in 1965. Dan became CEO in 1983 and in 1987, he moved the company to State College. Dan was an early adopter of fiduciary, fee-based investment management, and started that service line in 1990. Investment advisory services, including consulting, now makes up 85 percent of the business. In 2005, the name of the firm changed to Nestlerode & Loy, Inc. to reflect the business partnership with Judy Loy, chief financial officer and compliance officer at the time. Dan retired from corporate management in 2008 and Loy became CEO, president and majority owner. Loy celebrated her 25th anniversary with the firm in May.

As a firm that has gained so much from this strong community, Nestlerode & Loy, Inc. also sponsors many community events and firm members give their time on boards, committees and Rotary. A few of the nonprofits that Nestlerode helps through donations include Leadership Centre County, Meals on Wheels and Clearwater Conservancy. Nestlerode was the 2014 ATHENAPowerLink Program Recipient.

Their advice to someone in their industry is, “ look out for your clients and think long-term.”

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