Women advisors share the tough advice that shaped their careers
Long-standing cultural norms and stereotypes have kept finance a boy’s club, but some women financial planners have received bracing advice that has helped them grow and thrive in this challenging field.
Just 32% of financial advisors are women, according to the federal Bureau of Labor Statistics, and only 23% of advisors with a CFP designation are women, according to the CFP Board. The numbers for black and Latino CFP holders are even lower.
Women, people of color and other minority groups have been fighting for acceptance in many fields. We asked women financial advisors for the toughest advice they received when joining the industry. One thing is certain: The road to a more inclusive industry will be difficult to navigate.
Scroll through to see what they have to say.