‘An uphill battle’: Lack of diversity in the financial industry is hurting women long-term

Published Updated 3 Min Read

Women going over financial document together.
Adobe Stock

A lack of diversity in any industry hinders the advancement of the marginalized communities they serve, and in few areas is underrepresentation more apparent than financial services. 

Women are expected to be the primary beneficiaries in the upcoming $30 trillion wealth transfer, according to a recent report from management consulting firm McKinsey, but with women making up less than a third of financial advisers, they may not get the kind of support they need to set themselves up for success. 

Paola Peralta
Associate Editor

Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form