Premium

Family bond between women propels wealth manager’s success

By , Daily Memphian Updated: August 06, 2025 5:55 PM CT | Published: August 03, 2025 4:00 AM CT

Lindsey Donovan Rhea was 15 when her mother died, but her maternal aunt stepped in as Rhea’s mentor, setting her on a path that would ultimately bring her success in the world of wealth management. 

JoAnne Cobb, who worked for the IRS, set up a college savings account for Rhea and shared her knowledge of investing. 

“She was very interested in investing and saving and growing money,” said Rhea, a native of Somerville, Tennessee. “And she would let me look at her statements and learn how the investments worked, which definitely sparked something.” 

This is an excerpt of this story. To read more, please click here and subscribe.

Topics

finance wealth management Alia Wealth Partners Lindsey Donovan Rhea Subscriber Only

Are you enjoying your subscription?  

Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community. 

You can help us reach more Memphians. 

As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.  

When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians.  

Pay it forward. Make a fully tax-deductible donation to The Daily Memphian today. 

Thank you for reading the local news. Thank you for investing in our community. 

Aisling Mäki

Aisling Mäki

Aisling Mäki covers health care, banking and finance, technology and professions. After launching her career in news two decades ago, she worked in public relations for almost a decade before returning to journalism in 2022.

As a health care reporter, she’s collaborated with The Carter Center, earned awards from the Associated Press and Society of Professional Journalists and won a 2024 Tennessee Press Association first-place prize for her series on discrepancies in Shelby County life expectancy by ZIP code.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here