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...

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