Veteran women advisors offer career advice to up-and-comers
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Veteran women advisors offer career advice to up-and-comers
Women represent 31% of US financial advisors at last check, according to the Bureau of Labor Statistics (BLS). That means they have a lot of room for growth in the wealth management industry, especially for young female advisors getting started.
But wait! There’s more good news for up-and-coming women advisors!
The next generation of female advisors will also have a huge advantage when accumulating assets in the coming years. Studies show women will inherit the majority of the $124 trillion in Baby Boomer and Gen X wealth set to be transferred over the course of the next two decades, and many of those wealth inheritors will be solely seeking to connect with female advisors who better understand their financial and career circumstances.
So what are veteran female advisors telling the new generation of women wealth managers to prepare them for this brave new world?
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