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

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Sponsors Lara Brown

Professional Adviser
clock 17 July 2026 • 1 min read
Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Aimed at women at different stages of life and careers

Professional Adviser
clock 16 July 2026 • 3 min read
Women in Financial Advice Awards 2026: Shortlists revealed!

Women in Financial Advice Awards 2026: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 4 November

Professional Adviser
clock 15 July 2026 • 10 min read