Anna Sofat: The changing landscape of women's wealth

Women hold 30% of private wealth in the world

clock • 4 min read

In the first of a series of articles for PA, Anna Sofat looks at the changing world of female wealth and asks if it's time to gear financial advice to the specific needs of women clients

Women hold 30% of private wealth in the world, and the bulk of it comes from those who are self-made, according to a recent Boston Consulting Group report. While there is still a long way to go in terms of equality, what we've achieved over the last century is quite remarkable. With our relatively new-found wealth comes independence, choice and, for many women, a deepening sense of responsibility. How we think about and want to use our wealth is often based around values and behaviours that may well differ from the masculine norm. That is not to say that we don't know how to enjoy ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read
Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read