Gender issues

As millennial and Gen-Z women take more control of their own finances and those of their families, they’re becoming less tolerant of bias, research found.

Increasing Black representation poses challenges that adding women may not: Most women elected to boards had professional connections with the white men who still dominate boardrooms.

The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.

In a still male-dominated industry, does the network help attract and keep more women at the firm? CEO Shirl Penney says yes and has the results to prove it.

Many of the executives selected this year say the industry’s future may lie in its sudden change to a fully virtual business model.

“I don’t think the volatility will be over until we’re finished with this virus,” one RIA says.

Financial advisor Alex Chalekian started out his career with a mentor “who was not the nicest person.” Ever since, he has wanted to serve as a resource to fellow planners, he explains in an episode of Financial Planning’s Invest Podcast.

Finding the right collaborator changed my life.

Almost 50% associate negative emotions with the practice. Here’s how planners can help.

Finally, I was able to talk openly about how financial services can be more inclusive of women and people of color. But did I have to leave to do so?

More than a quarter of women in a recent survey say they are confident they will comfortably retire, while almost a third of men voiced the same confidence.

“Mandatory arbitration could be masking toxic cultures that are tolerating sexual harassment,” says a shareholder activist whose firm prompted Wells’ move

In a new episode of Financial Planning’s In|Vest Podcast, the impact investing consultant explains what prompted her to start collecting accounts of harassment, assault and discrimination.

While several tech giants have done away with the clause in the past few years, the process remains widespread on Wall Street, which pioneered it decades ago.

Firms must collaborate, rather than compete, to bring in more women and non-white advisors, says Cerulli Associates.

I don't need outside credentials to bolster my credibility — I have my own.

The takeaway for other firms: Be explicit, clear and public about seeking women employees and creating a safe workplace for them.

Diversity statements and conferences are well and good but don’t go far enough. Here’s what will.

With its appointment of Martine Lellis, one of the largest and most-acquisitive RIAs ups its leadership ranks to almost 40% women.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.