Is Financial Planning a Great Career for Women?

Flexibility, the ability to customize one’s practice and the entrepreneurial nature of being an advisor make the financial planning profession a great career for women, said participants of a roundtable discussion held by Guardian Life Insurance.

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Comments (2)
My first born is now an internal wholesaler with Jackson Natl in TN; not sure if this will be her lifelong pursuit (who at 23 ever knows where they'll be in 5, 10 or 20 years?) but I'm hoping she'll take a look around and see how broad our industry is and the extensive career options there are for women. Who knows ... some day she may take over my practice.
Posted by nick v | Thursday, October 18 2012 at 11:19AM ET
Oh stop it. This is a brutal industry for everyone coming into it, including women. And young women who have young families simply cannot take the risk of working for years to pay the fees the industry demands of them (think Tennessee Ernie Ford's "Working in the Coal Mine"), building the business, learning the business and still feeding their families. Can women do it? Sure they can. But this industry thrives on the carcasses of bright, thoughtful people who want to make a difference for their clients... bring in Uncle Charlie's assets, and then have to leave the business because we make it so difficult for them to have any minimal kind of success within 3-5 years. So the guys/gals/vultures who are doing well take over Uncle Charlie's assets and continue to roll along. It's a part of the business deveopment strategy and it works for the industry. It isn't in the best interest of consumers because some of the most capable, caring people who aren't good at marketing themselves never make it far enough to succeed and stay. If you're going to print blurbs like this, at least ACKNOWLEDGE that there are significant hurdles that the industry needs to address for these women and men.
Posted by Valerie P | Sunday, November 11 2012 at 8:54PM ET
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