Women face a unique set of hurdles when it comes to saving for retirement, and those difficulties set them far behind men once they stop working.
Advisers hoping to attract more women to their practice need to hone their entertaining skills: networking is everything when it comes to marketing.
Too many spend more than they make; less likely to have rainy- day fund, as well
Investment performance trumps amenities, relationship-building, survey finds
Advisers to surviving spouses must acknowledge the 'elephant in the room'
Less than half of RIAs have a female investment adviser on staff, survey finds; 'wow'
Some are calling it a revolution. Women now control $18.4 trillion in consumer spending, hold approximately 30% of global wealth and are the sole heads of 32% of U.S households.
To win trust, presume nothing - and listen closely.
Glance around most financial advisory conferences, and it is hard not to notice that white men greatly outnumber the women and minorities in the room.
This afternoon, <i>InvestmentNews</i> is hosting the first webcast in a year-long series focused on working with female clients.
There is no doubt that women investors represent a tremendous growth opportunity for financial advisers.