Insights | 11.08.22
Advisors Losing Billions by Failing Women Investors, Study Says
A study by Simon-Kucher & Partners reports that women between the ages of 25 and 34 living in the United States earned 93 cents for every dollar a man did in 2020. This is up significantly from the numbers in 1980, when women made 67 cents for every dollar men earned. The study authors stated that had advisors and financial services firms engaged women with suitable financial services investments, they could have easily brought in up to $14 billion in fees last year alone.
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