06.18.25
High-Earning Women Are Slower To Invest, Capital Group Survey Finds
by: Financial Advisor
Women who earn more than $200,000 per year are far slower to invest than their male peers, with just 30% investing in their 20s compared to 61% of men, a Capital Group survey found. The research also found that women are more open to financial advice than men, and that they're also more likely to stay loyal to a financial advisor once they have gotten started. The survey found that women who have financial advisors report feeling more prepared, relaxed, satisfied and secure around their finances compared to women who do not have an advisor. “Advisors that can position their services as a tool for mental and financial well-being, especially for younger women investors, may have more success growing their base of women clients,” the report authors wrote. “Our study also finds that women do not want to be dictated to by their financial advisors. Instead, they prefer a two-way conversation. They express a desire for more frequent communication and reassurance their advisor shares their vision.”
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