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The pay gap between the sexes is relatively slim in financial advice

November 22, 2015

The gap between what women and men make for doing the same job is a blight on most professions in America. In financial advice, however, pay inequity between the sexes is relatively slim. Pay data for financial advisers collected by InvestmentNews...

Mentor encouraged adviser's adventure

November 22, 2015

When Christine Damico graduated from college, she immediately started her first job at an advisory firm. Before taking her next professional step four years later, she wanted to veer off the career path briefly and travel overseas. She wound...

Social Security changes sting women retirees

November 22, 2015

Social Security benefits play a critical role in retirement income security for many American women. Given their longer life expectancy and the increasing divorce rate among older couples, women are more likely to spend their final years alone....

Sheryl Garrett on the importance of making impartial financial advice accessible to all

November 22, 2015

Sheryl Garrett loves financial planning now, but it took 11 years' working in the industry for the passion to bloom. The founder of the Garrett Planning Network first spent a couple of years as a broker, where she learned she hated selling products....

Key to success for women: Confidence

October 25, 2015

As the years go by and the data pile up, waiting for the financial advice industry to embrace gender equality wholeheartedly across all levels feels like waiting for Godot. We cheer at the slightest of gains that women make in the workforce...

Gender-focused investment strategy skips over common sense

October 14, 2015

We can agree that gender equality in both politics and the asset management industry is getting closer attention, but that doesn't mean you can just throw anything against the wall and see if it sticks. But that appears to be the case with a...

Women's rise to senior positions at advisory firms has stalled

October 13, 2015

Women are well-represented in the financial advice industry from an overall staffing perspective — making up about half of total employees at a typical advisory firm — but that picture changes dramatically when we look deeper. In breaking...

Hillary Clinton's plan to prevent stock market crashes

October 9, 2015

Hillary Clinton has a plan to prevent the next stock market crash. Step one: New fees for taking investment risks, because taking investment risks aren't risky enough already, or something like that. Nirvana in a nutshell The juiciest tidbits...

Adviser's Consultant: What it takes to retain women advisers

August 31, 2015

Brittain Prigge has helped foster a corporate culture at Balentine that encourages women at the advisory firm to “lean in,” as Facebook executive Sheryl Sandberg would say, and resolutely pursue careers along with motherhood. Making it happen...

From the ranch to Wall Street: Lessons from a serendipitous career journey

August 26, 2015

I was recently asked to give a keynote speech at the Women's Luncheon at the SIFMA Compliance & Legal Society annual meeting. The charge was to talk about my career and make it relevant to the 400 women in the room. While I was used to speaking...

8 secrets for serving female breadwinners

August 21, 2015

More and more women are taking the lead financially in their families, with four in 10 families currently counting the matriarch as their primary breadwinner. And with almost 95% of women expected to take on the role of the primary financial...

What we can learn from women-led funds that outperform?

August 6, 2015

When I challenge investors to name famous money managers, I inevitably hear names like George, Julian, Warren and Steve. In fact, unless I specifically ask the investor to name a female money manager, the answer is never a female moniker. However,...

Why gender diversity means better outcomes for investors

July 28, 2015

The investment industry has certainly gone through a period of turmoil over the past 15 years, bookmarked by the infamous dotcom bust and the potential reshaping of the eurozone. Investor confidence has been shaken, and an entire generation...

Survey proves, it all comes down to trust

July 26, 2015

Most Financial advisers do not have a plan in place to target female clients specifically, but the vast majority would like to add more women to their client roster. The reasons why are pretty simple: Women live longer than men, they stand to...

4 ways advisers can become more actively engaged with female investors

July 26, 2015

Women have become an economic force to be reckoned with, particularly when it comes to their investing potential. Numerous studies show that U.S. women create, control and influence upwards of $11.2 trillion — nearly 39% of the nation's investable...

InvestmentNews launches Women to Watch list; nominations being accepted

July 26, 2015

It's no secret that women are a minority in the financial services industry, especially in leadership positions. For the past six-plus years, InvestmentNews has been making a concerted effort to bring attention to the lack of female representation...

Help clients 'think straight' during life transitions

July 14, 2015

Advisers with the skills to help clients through transitions such as divorce, widowhood, career changes and other situations will find they have an especially loyal clientele. But these clients take more patience and empathy than the average...

10 things advisers should never say to female clients - Never say this to female clients

July 13, 2015

When it comes to working with female clients, many male financial advisers need a little help to get it right. How else can you explain the fact that an estimated 70% of widows fire their male financial advisers after their husbands die and...

Krawcheck to advisers: 'Middle-aged white guys' must help women get raises

June 25, 2015

The disparity in pay between men and women is a key source of the retirement-savings gap, and an issue that financial advisers should help their clients overcome, former Merrill Lynch boss Sallie L. Krawcheck said Thursday. In a speech at the...

Former SEC Chairwoman Mary Schapiro's lessons on leadership

June 24, 2015

When Mary Schapiro became chairwoman of the Securities and Exchange Commission in 2009 immediately following the Bernard Madoff scandal, there was a lot of work to be done. "There were a lot of vacancies, and the technology hadn't changed from...

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