April 20th, 2021

New Decade, New Chance to Close the Gender Gap

Women are expected to hold $30 trillion in assets by the end of the decade. They represent more than half the U.S. population and live longer.

Further, younger women are more likely than men to have earned a bachelor’s degree. Yet only about 31% of financial advisors are women, according to the Bureau of Labor Statistics.

It is clear that the financial services industry needs to get serious about attracting and retaining women if it wants to build future-proof businesses.

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