Male FAs Should Do More for Industry Gender Balance
June 29, 2021 by Jocelyn Yang
Men in the financial advisory industry need to start shouldering more of the work of correcting a gender imbalance, a move that could potentially serve to attract clients, according to David Griswold, president and founder of Vantage Point Financial.
There are currently many more men than women in the industry, but many male financial advisors tend to think women are taking care of addressing that issue, Griswold said last week at Commonwealth Financial Network’s 2021 Virtual Summit for Women Advisors.
“But of course, they [men] need to solve problems as well. There’s no way we can get [gender] equity unless the guys start to become more supportive and actually do things as well,” he said.