Lack of female advisers yet women set to hold 60% of wealth in 2025

Female financial advisers make up just 16% of the total market

Isabel Baxter
clock • 1 min read

Women are to command 60% of UK wealth by 2025 yet there are only 16% of financial advisers are female, delegates heard.

Speaking at Change Fest hosted by the Chartered Institute of Securities and Investment and NextGen Planners, Financial Planner Life podcast host Elena Stephenson noted that this disparity in the industry shows a significant gap. "This gap is a concern especially when we think about the different financial needs and preferences of women," she explained. Stephenson also said how the disparity also stands for ethnic minorities and the LGBT+ community. "The profession will need to eventually reflect wider society and as the societal fabric changes, we need to ensure that different comm...

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

Advisers urged to prioritise mindset over products in retirement planning

Advisers urged to prioritise mindset over products in retirement planning

Defaqto conference panellists urge shift to service-led, goal-driven strategies

Sahar Nazir
clock 02 May 2025 • 1 min read
PA360: 'Clients crave certainty, not solutions' – advisers urged to listen harder

PA360: 'Clients crave certainty, not solutions' – advisers urged to listen harder

‘Are you really listening to your clients?’

Sahar Nazir
clock 02 May 2025 • 2 min read
PA Asks: Should the cash ISA limit be cut?

PA Asks: Should the cash ISA limit be cut?

Plus, which business leader inspires you, redundancy cover and NFTs

Professional Adviser
clock 02 May 2025 • 1 min read