Loreen Gilbert, president of WealthWise Financial Services, a wealth management firm in Irvine, Calif., has been elected chair-elect of the National Association of Women Business Owners National Institute.

The institute provides educational tools and other resources for women business owners in the United States and abroad. Gilbert has been on the association’s national board for the past three years and is a member of the association’s National Tax and Regulations Council and the National Workforce Issues Council.