Most American couples share equally in making financial and wealth management decisions, but they do not divide investing responsibilities equally.
So concludes a UBS Investor Watch report, “Couples and money: Who Decides.” For this seventh edition, UBS Investor Watch polled 2,595 U.S investors who identified as being married or living together.
The research indicates that nearly all American couples (99 percent of men and 92 percent of women) make or share in making household financial decisions. But comparatively small percentages of women — 15 percent among Millennials and 18 percent of Gen Xers — make investment decisions. Most delegate these decisions to their male spouses or partners.