Adviser Recruiting May Need New Tack for Women

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Adviser Recruiting May Need New Tack for Women

Nov 20, 2017

Supplies are running low and outreach needs to grow

Independent registered investment advisers may need to rethink how they are recruiting female advisers if they expect to continue growing over the long term.

In "2016 U.S. Advisor Metrics," Cerulli Associates reported that women make up 16% of the total financial adviser population. And RIAs have even fewer on board — at just 13%.

Enrollment in college financial planning programs highlights that the gender issue starts in school. The ratio of male to female students hovers at about 3 to 1 nationally, according to the CFP Board's 2014 report, "Making More Room for Women in the Financial Planning Profession." Read more >

InvestmentNews
By Kate Healy
November 20, 2017 


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