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Get ready for a tidal wave of women-controlled wealth.

Authors :
Pascucci, Camay
Source :
Financial Planning; May2024, Vol. 54 Issue 4, p38-40, 2p
Publication Year :
2024

Abstract

The article discusses the increasing influence of women in the wealth management industry. It highlights the fact that women investors prioritize their goals and aspirations before considering investment options. The author emphasizes the need for financial firms and advisors to adapt to this shift and provide tangible, consultative advice to women clients. The article also emphasizes the importance of building diverse, female-led teams and creating educational resources that empower women and foster confidence and independence. The author concludes by stating that advisors who embrace this change will thrive, while those who cling to outdated models will be left behind. [Extracted from the article]

Details

Language :
English
ISSN :
07467915
Volume :
54
Issue :
4
Database :
Complementary Index
Journal :
Financial Planning
Publication Type :
Periodical
Accession number :
176981815