Stock market 'busts'

In the midst of the economic downturn, a few women working in the financial services industry are taking advantage of some other assets to build their portfolios.
APR 26, 2009
In the midst of the economic downturn, a few women working in the financial services industry are taking advantage of some other assets to build their portfolios. The May issue of Playboy magazine features a six-page spread of scantily clad (or not clad at all) women who are or were previously employed by banks, investment firms and trading companies. Ranging from executive assistants to brokers, seven women made the move from Wall Street to the Playboy Mansion in the feature, "Bare Market: Women of Wall Street." Although some of the models didn't identify their current or former employers, a former credit manager with Wells Fargo Financial Inc. of Des Moines, Iowa, and a financial adviser from Charles Schwab & Co. of San Francisco did disclose their places of employment. The boom in media coverage surrounding the financial world may have made women on Wall Street a hot commodity. According to published reports, Playboy put out a casting call for financial employees back in October at the height of the economic meltdown. Although there is little copy on the pages, one of the models used her caption space to comment on how she has curbed her spending due to the economy, and an equities trader said that the recession has slowed down the pace of her normally stressful workdays. Playboy ran a similar Wall Street-themed photo spread 20 years ago.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.