‘An uphill battle’: Lack of diversity in the financial industry is hurting women long-term
March 25, 2024 by Paola Peralta
A lack of diversity in any industry hinders the advancement of the marginalized communities they serve, and in few areas is underrepresentation more apparent than financial services.
Women are expected to be the primary beneficiaries in the upcoming $30 trillion wealth transfer, according to a recent report from management consulting firm McKinsey, but with women making up less than a third of financial advisers, they may not get the kind of support they need to set themselves up for success.
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Originally Posted at Financial Planning on March 21, 2024 by Paola Peralta.
Categories: Industry Articles