Gender issues

Among many who regularly attend industry gatherings, the surprise in Fisher’s remarks was that he spoke them into a microphone.

His remarks were “unacceptable,” Managing Partner Chip Roame says in an open letter to the industry.

While there are now 1,100 advisors who are women at the firm, they make up less than 16% of the headcount.

Only about 14% of financial advisors are female. Here’s advice from those who want to bridge that gap.

The insurer lost four prominent female executives earlier this year in departures CEO John Schlifske called “a step backward.”

The stark figures show that only about one-sixth or fewer of the sector’s financial advisors are women.

It may seem counterintuitive, but differences of opinion can improve an organization.

Single women in their early 60s have saved roughly $37,000 less than men.

Two-thirds of women say they don’t work with an advisor because they believe they can’t afford it or don’t have the necessary assets.

How to solve the financial planning industry’s diversity problem.