Gender issues

Our business isn’t just about big firms anymore, but we still see the old stereotype that investing is a man’s game dominated by Wall Street firms.

The asset manager and custodial giant found positive correlations in several metrics for companies that focus on inclusion.

Women currently account for just 19% of Morgan Stanley’s managing directors.

Men dominate the largest financial institutions and the situation is even worse at family offices.

Other groups, such as those who used to itemize tax deductions but will now use the high standard deduction, are also advised to check their withholding taxes.

Women have long been under-represented among the brokerage ranks, says Elizabeth McCourt. She offers her insights as we continue the dialogue from our Recruiters Roundtable.

Microsoft and Amazon.com are the fund’s top-two holdings.

Big banks say most full-time hires come from the summer programs.

Firms are doubling down on efforts to boost the ranks of women advisors.

Jack Brod, the chair-elect of the board of directors, plans to heighten enforcement efforts to ensure CFPs are consistently acting as fiduciaries.

Allison Felix was promoted after 17 years at the firm, part of a transitional process to eventually become CEO.

Similarly fed-up with dismissive treatment of women, readers weigh in on what’s the best way to tackle sexist behavior.

The insurance giant and No. 6 IBD made Alexa Von Tobel its chief innovation officer following the closure of the planning startup it acquired in 2015.

Despite the profession’s efforts to attract and retain women, demeaning experiences at industry events could be keeping them away — or driving them out.

Every man in the financial services industry should read this article, Nina O’Neal writes.

Although the industry reflects stark disparities, these firms are leading their peers in the hiring of female registered representatives.

The firm says it’s working to increase the number of women in leadership positions.

Nearly three-in-four advisors (73%) do not have a succession plan in place.

“It’s incredibly important to have diversity. Period,” says Kara Murphy.