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Where are All the Women? Financial Planners Aim to Entice More Women into a Male-Dominated Industry

May 21, 2014

Mothers, do you want your daughters to grow up to be CFP[® professionals]?

Alarmed that not enough women are entering the profession of certified financial planning, there’s a push to get more female college graduates and career-changers into the industry.

Calling it a “feminine famine,” the Certified Financial Planner Board in Washington, D.C., last month released a lengthy report on why so few CFP[® professionals] – less than 25 percent of the 69,500 in the country – are women.

“It’s problematic,” said Debbie Grose, a partner with Lighthouse Financial Planning in Folsom and a CFP[® professional] since 2008. But it’s not surprising “in any way shape or form,” she said, noting that women are underrepresented in Congress, in corporate boardrooms and as company CEOs.

The CFP Board’s study is part of the overall concern that not enough women are reaching leadership ranks in business, an issue given renewed emphasis last year in Facebook COO Sheryl Sandberg’s “Lean In” book and social movement. Read more >

The Sacramento Bee
By Claudia Buck
May 21, 2014
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