Debra Smiley is a Wealth Manager and Trust Services professional at Laird Norton Wetherby in Seattle, where she helps families build financial plans and create lasting legacies through estate planning and investment strategy. She earned her degree from DePaul University and has built a career centered on a mission that hits close to home for many communities of color — closing the estate planning gap and making sure more families, regardless of background, know how to protect and pass on what they've worked hard to build. If you're curious about careers in wealth management, financial planning, or trust services, Debra's path shows how this field can be both a meaningful profession and a powerful way to serve your community.
Their story
What is a Fiduciary? Debra Smiley knows... you don't
17 min
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Key quotes
“I'm black. I'm a black woman. And I'm a black woman not from the state that I was born, that I work in. So I have already three strikes against me in this community. So I had to build this from the ground up.”
Debra Smiley, Senior Fiduciary Analyst
“Had I known then we could have taken the property and leased the property to this company and been receiving money. Did not know. So for me this is something that I need to do.”
Debra Smiley, Senior Fiduciary Analyst
“People have to understand your career is your control. Your boss doesn't control your career. You can take control of your career and you have to own it and be able to take that risk.”
Debra Smiley, Senior Fiduciary Analyst
“Knowledge is not owned by one person. It's not. Knowledge in the 21st century can be owned by anyone.”
Debra Smiley, Senior Fiduciary Analyst
“There are no small tasks that you do. I don't care whether it's putting a piece of paper in some place. Those small things become big things. And the people that are above you are looking at what you do.”
Debra Smiley, Senior Fiduciary Analyst
Career highlights
You don't need to know the industry to get started — curiosity and a willingness to learn matter more than a perfect background.
Debra had no idea wealth management existed when she started. She got her first finance job as an entry-level operations hire at an investment firm because a friend referred her, and she just showed up ready to learn.
Get certified — it sets you apart and opens doors that a degree alone won't.
Debra holds the Certified Trust and Financial Advisor (CTFA) designation through the American Bankers Association. She also mentions the CFA and CFP as other pathways depending on what area of finance you want to specialize in.
Listening is a core job skill in finance — if you can't do it, the technical knowledge won't save you.
Debra repeatedly emphasizes that her clients need to feel heard, especially during emotionally charged moments around money, family, and loss. She calls listening 'the most important part of my job.'
The connections you make in entry-level roles are the ones that move your career forward — treat every task like it matters.
Debra talks about how the people above you are always watching how you handle small tasks, and how one connection from a conference or a first job can turn into a job offer years later in a different city.
Estate planning and trust services is a field where you can directly close the wealth gap for communities of color — it's not just a job, it can be a mission.
Debra shares the story of her great-grandmother's property in Chicago and how not knowing about trusts cost her family generational wealth. That personal loss is what drives her to educate every Black family she can reach.
Own your career — your boss and your environment don't control your trajectory, you do.
Despite facing discrimination as a Black woman from out of state in a predominantly white, insular industry, Debra built her network from scratch and advanced on her own terms. She tells students directly: 'Your career is your control.'

