New research shows that while Covid-19 has hurt retirement prospects for women in general, Black and Latina women face greater financial challenges than white women.
Duckett succeeds Roger Ferguson Jr., who had announced his plans to retire. She was most recently CEO of Chase Consumer Banking.
Speakers at Women in Asset Management summit say diversity and inclusion efforts can begin anywhere.
Sunayna Tuteja will assume a new role as the central bank’s chief innovation officer.
But many women are reluctant to pay for advice, with only 51% of female respondents surveyed by Cerulli agreeing that they are willing to pay for financial advice, compared with 58% of men.
Firm founder Tony Arnerich is stepping down as co-CEO; Bryan Shipley becomes sole CIO in addition to co-CEO.
Women Adviser Summit speaker Shannon Spotswood of RFG Advisory says the pace of change in the advisory business 'has been put on steroids' and explains how to future-proof your business.
Nearly three-quarters of women with investible assets of $100,000 or more say the pandemic has negatively impacted their ability to retire, but as that is happening, more women are turning to financial professionals for advice, according to a Nationwide survey.
Scarlett Abraham Clarke says high-level diversity and inclusion role is key to driving organizational change.
Females in leadership work. But,with women making up less than 20% of global leadership teams, there is a clear case for more action to bolster women in leadership in corporate America. If a woman can run a country, why not a Fortune 500 company?
The conference, which included five events held over seven months, was deemed the best virtual event series in 2020 by StreamGo.
But older women are more willing to seek financial planning help than men, according to a survey by The American College of Financial Services.
Financial professionals holding the certified financial planner designation hit an all-time high in 2020. The number of women with CFPs increased by 3.1%, to 20,633, and the number of Black and Hispanic CFPs rose to a total of 3,688, a 12.6% increase over 2019. Blacks and Hispanics still represent just a fraction of CFPs.
McGee Wealth Management, a Portland, Oregon-based firm with 800 clients and $815 million in assets under management, is leveraging the sale for succession planning.
It is acquiring woman-led Atlanta Financial Associates, which has $815 million under management
Firm veteran Mandell Crawley takes new job; Elizabeth Dennis will succeed him as head of private wealth management
Taking time off to have a child, care for a family member or provide home schooling amid the pandemic can derail a career in finance.
The demographic started investing to capitalize on this year’s market volatility, but financial advice did not fit their needs, according to new research
Female-led fintechs use digital platforms to curate content and tools aimed at deconstructing systemic issues that have kept women from investing
According to a new InvestmentNews Research survey, women were twice as likely to be working longer hours than a year ago
