While female advisers face many of the same challenges as their male counterparts, 88% of men and women surveyed about the challenges and opportunities faced by female advisers indicated women face barriers that men are less likely to deal with.
Of the 335 financial advice professionals surveyed by Carson Group, which sponsored the study, 73% said women must balance their professional role with caregiving obligations; 70% cited difficulties finding a firm that is a culture fit; 57% reported difficulty in finding a mentor; and 34% cited challenges in prospecting for new clients.
“Perhaps more concerning is that 47% of those who cited ‘other’ in their write-in responses to the question of challenges indicated that gender-based discrimination in the workplace is still a significant barrier for success,” Julie Ragatz, co-author of a report based on the survey, said in a statement. “We focus much of our energy on the recruitment of women, which is important too. But none of these barriers keep women out of the industry. They keep them from staying.”
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
New Treasury and IRS proposals would let employers add tax-free payroll contributions to the retirement accounts as advisors weigh the fit for client families.
The Atlanta-based RIA has now completed nine acquisitions in 2026, with six of those coming from Commonwealth Financial Network's former advisor base.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
